While Altria Group Inc has underperformed by -1.21%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MO rose by 24.03%, with highs and lows ranging from $58.03 to $39.25, whereas the simple moving average jumped by 4.33% in the last 200 days.
On December 06, 2024, BofA Securities Upgraded Altria Group Inc (NYSE: MO) to Buy. A report published by Citigroup on October 08, 2024, Reiterated its previous ‘Neutral’ rating for MO. Stifel Initiated an Buy rating on April 14, 2023, and assigned a price target of $52. UBS November 10, 2022d its ‘Neutral’ rating to ‘Sell’ for MO, as published in its report on November 10, 2022. Barclays’s report from June 29, 2022 suggests a price prediction of $36 for MO shares, giving the stock a ‘Underweight’ rating. Morgan Stanley also rated the stock as ‘Equal-Weight’.
Analysis of Altria Group Inc (MO)
A return on investment can be expected regardless of MO’s performance over the next quarter with the dividend set at $4.00 per share. Further, the quarter-over-quarter increase in sales is 1.27%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Altria Group Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. Taking into account the quick ratio of the company, currently set at 0.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and MO is recording an average volume of 7.53M. On a monthly basis, the volatility of the stock is set at 1.58%, whereas on a weekly basis, it is put at 1.50%, with a loss of -1.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $56.60, showing growth from the present price of $51.46, which can serve as yet another indication of whether MO is worth investing in or should be passed over.
How Do You Analyze Altria Group Inc Shares?
A leading company in the Tobacco sector, Altria Group Inc (MO) is based in the USA. When comparing Altria Group Inc shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.69, there is a growth in quarterly earnings of 10.18%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.14%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 60.62% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MO shares are owned by institutional investors to the tune of 60.62% at present.
