The Altria Group Inc. (NYSE:MO) is going down by -0.33% in today’s trading session, a fall equivalent to -0.17% of the stock’s price from yesterday’s market close. A news came out on 12/02/19 stating that The Gross Law Firm Announces Class Actions on Behalf of Shareholders of MO, TWTR and PRU by WSJ. The lowest point that the shares touched during the trading session was $50.30, while the peak of the day was recorded at a share price of $50.895. MO finished the previous session at $50.53 according to the data provided by Barchart, while the trading volume was observed to be $2606520.
In the 100 days of trading, MO managed to top a 45.67% Moving average. Additionally, Altria Group Inc. shares have achieved a 52-week range between 39.30 and 57.88 alongside 100 days raw stochastic set at 83.57%.
The number of shares outstanding, according to the fundamentals of the company, is set at 1.87B, equal to the value of $94.39B in market capitalization. In the last 30 days, Altria Group Inc. shares went down by -1.19%, adding 50.90 to growth in value, on top of a +9.14% boost since 11/08/19.
Altria Group Inc. (NYSE:MO) Analyst’s Estimates
Altria Group Inc. (MO) could record at least $1.02 per share in quarterly earnings in the upcoming report on 01/30/2020, a number that would actually represent an increase of 4.45 YOY.
According to the average analyst rating, Altria Group Inc. would be rated as Overweight. Out of 16 different analysts monitoring MO stock, 7 analysts rate the stock as a BUY, 8 suggest to give the rating of HOLD, 1 indicate that MO is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On December 02, 2019, the stock earned a Upgrade rating due to a new analyst call from Citigroup, while analysts from Citigroup believe that the stock is set at Neutral from Sell, as concluded on October 18, 2019. Piper Jaffray, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on September 10, 2019.
Regardless of the rating, Morgan Stanley did increase their price to $44 as they are considering target share price analysis. Goldman, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on July 12, 2019, giving the stock a Buy from the Neutral rating.
MO Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +83.09% has been attained, while the operating margin has been recorded at +69.63%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 14.07%. Beta value of the stock is recorded at 0.45. Additionally, Altria Group Inc. is recording price volatility of 1.34% for the period of the last seven days and 1.82% in the last 30 days.
Altria Group Inc. (NYSE:MO) Technical Outlook
For the period of the last 50 days, Altria Group Inc. had its Raw Stochastic average set at 94.39% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 87.33%. Stochastic %K for Altria Group Inc., with the last 20 days included, was set at 90.98%, having Stochastic %D topping 90.79%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Altria Group Inc. stocks with recording 2.31% in metrics.
Altria Group Inc. Insider Watch:
Similarly, 65.48% of the company’s float is held by institutions – and there are 2,080 institutions in total holding shares of this company. The top three institutional holders of MO stocks are: Vanguard Group, Inc. (The) with ownership of $6.06 billion, which is approximately 148092651 of the company’s shares; Blackrock Inc., holding 142347199 shares of the stock with an approximate value of $5.82 billion; and State Street Corporation, currently with more than 78832176 shares of the company valued at $3.22 billion. Positions in Altria Group Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 5345 shares.