While Philip Morris International Inc has overperformed by 10.95%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PM rose by 58.59%, with highs and lows ranging from $134.15 to $87.82, whereas the simple moving average jumped by 24.63% in the last 200 days.
On January 16, 2025, Morgan Stanley started tracking Philip Morris International Inc (NYSE: PM) recommending Overweight. A report published by Argus on March 05, 2024, Downgraded its rating to ‘Hold’ for PM. UBS January 23, 2024d the rating to Sell on January 23, 2024, and set its price target from $105 to $86.50. Redburn Atlantic initiated its ‘Neutral’ rating for PM, as published in its report on November 16, 2023. Citigroup’s report from June 20, 2023 suggests a price prediction of $117 for PM shares, giving the stock a ‘Buy’ rating. Stifel also rated the stock as ‘Buy’.
Analysis of Philip Morris International Inc (PM)
PM currently pays a dividend of $5.30 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 8.82%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Philip Morris International Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 0.49, 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.
An average volume of 5.15M can be a very valuable indicator of volatility for PM stock. On a monthly basis, the volatility of the stock is set at 1.78%, whereas on a weekly basis, it is put at 2.03%, with a gain of 11.51% over the past seven days. Furthermore, long-term investors anticipate a median target price of $142.75, showing decline from the present price of $145.32, which can serve as yet another indication of whether PM is worth investing in or should be passed over.
How Do You Analyze Philip Morris International Inc Shares?
The USA based company Philip Morris International Inc (PM) is one of the biggest names in Tobacco. When comparing Philip Morris International 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 23.05, there is a growth in quarterly earnings of 49.85%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. 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 0.16%. 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 80.50% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PM shares are owned by institutional investors to the tune of 80.50% at present.
