On Tuesday, shares of Philip Morris International Inc. (NYSE:PM) marked $73.33 per share versus a previous $77.84 closing price. With having a -5.79% loss, an insight into the fundamental values of Philip Morris International Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. PM showed a fall of -13.82% within its YTD performance, with highs and lows between $56.01 – $90.17 during the period of 52 weeks, compared to the simple moving average of -5.22% in the period of the last 200 days.
Citigroup equity researchers changed the status of Philip Morris International Inc. (NYSE: PM) shares from “Neutral” to a “Buy” rating in the report published on October 7th, 2020. Other analysts, including Goldman, also published their reports on PM shares. Goldman repeated the rating from the previous report, marking PM under “Buy” rating, in the report published on April 1st, 2020. Additionally, PM shares got another “Outperform” rating from Cowen, setting a target price of $102 on the company’s shares, according to the report published in February 13th, 2020. On the other hand, BofA/Merrill Upgrade the “Buy” rating for PM shares, as published in the report on October 1st, 2019. Barclays seems to be going bullish on the price of PM shares, based on the price prediction for PM, indicating that the shares will jump from $82 to $100, giving the shares “Overweight” rating based on their report from July 19th, 2019. Another “Equal Weight” rating came from Barclays, providing a prediction for $100 price target according to the report published in May 23rd, 2019.
[bold-text]Philip Morris International Inc. (PM) Analysis[/bold-text]
The present dividend yield for PM owners is set at 0.07, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Philip Morris International Inc., the company needs to provide a healthy cash flow, currently at the value of 218.83. In addition, the growth of sales from quarter to quarter is recording -13.60%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Philip Morris International Inc. (PM) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -61.20% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while PM is currently recording an average of 4.11M in volumes. The volatility of the stock on monthly basis is set at 2.28%, while the weekly volatility levels are marked at 2.79%with -7.42% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $90.25, indicating growth from the present price of $73.33, which can represent yet another valuable research and analysis points that can help you decide whether to invest in PM or pass.
[bold-text]What to Look for When Analyzing Philip Morris International Inc. Shares?[/bold-text]
Philip Morris International Inc. (PM) is based in the USA and it represents one of the well-known company operating with Consumer Defensive sector. If you wish to compare PM shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 15.71 for Philip Morris International Inc., while the value 12.92 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 4.67 is supported by the yearly EPS growth of -9.60%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 75.50% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in PM Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in PM in the recent period. That is how Capital Research & Management Co. now has an increase position in PM by 16.39% in the first quarter, owning 51.19 million shares of PM stocks, with the value of $3.84 billion after the purchase of an additional 7,206,218 shares during the last quarter. In the meanwhile, Capital Research & Management Co. also increased their stake in PM shares changed 32.37% in the first quarter, which means that the company now owns 51.14 million shares of company, all valued at $3.84 billion after the acquisition of additional 12,506,937 shares during the last quarter.
Morgan Stanley Investment Managem acquired a new position in Philip Morris International Inc. during the first quarter, with the value of $2.75 billion, and T. Rowe Price Associates, Inc. increased their stake in the company’s shares by 8.26% in the first quarter, now owning 2,260,293 shares valued at $2.22 billion after the acquisition of the additional 29.63 million shares during the last quarter. At the present, 75.50% of PM shares are in the ownership of institutional investors.