In the past week, PM stock has gone up by 1.39%, with a monthly gain of 2.42% and a quarterly plunge of -2.06%. The volatility ratio for the week is 1.39%, and the volatility levels for the last 30 days are 1.48% for Philip Morris International Inc The simple moving average for the last 20 days is -0.44% for PM stock, with a simple moving average of -1.65% for the last 200 days.
Is It Worth Investing in Philip Morris International Inc (NYSE: PM) Right Now?
The price-to-earnings ratio for Philip Morris International Inc (NYSE: PM) is 18.37x, which is above its average ratio. Moreover, the 36-month beta value for PM is 0.63. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for PM is 1.55B and currently, short sellers hold a 0.43% of that float. On April 01, 2024, PM’s average trading volume was 5.40M shares.
PM) stock’s latest price update
Philip Morris International Inc (NYSE: PM) has seen a rise in its stock price by 0.57 in relation to its previous close of 91.62. However, the company has experienced a 1.39% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-30 that Philip Morris could generate two-thirds of its revenue from next-generation products by 2030. Covering the dividend is no small matter, but it should be sustainable long term.
Analysts’ Opinion of PM
UBS gave a rating of “Sell” to PM, setting the target price at $86.50 in the report published on January 23rd of the current year.
PM Trading at 0.63% from the 50-Day Moving Average
After a stumble in the market that brought PM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.59% of loss for the given period.
Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +2.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.94% lower at present.
During the last 5 trading sessions, PM rose by +1.58%, which changed the moving average for the period of 200-days by -1.06% in comparison to the 20-day moving average, which settled at $92.68. In addition, Philip Morris International Inc saw -2.06% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PM starting from Andolina Massimo, who sale 8,250 shares at the price of $93.63 back on Mar 15 ’24. After this action, Andolina Massimo now owns 94,629 shares of Philip Morris International Inc, valued at $772,448 using the latest closing price.
Barth Werner, the Pr.Combusibles&GlobalComb.Mktg of Philip Morris International Inc, sale 5,000 shares at $91.46 during a trade that took place back on Mar 07 ’24, which means that Barth Werner is holding 102,918 shares at $457,300 based on the most recent closing price.
Stock Fundamentals for PM
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.63 for the gross margin
The net margin for Philip Morris International Inc stands at 0.22. The total capital return value is set at 0.3.
Based on Philip Morris International Inc (PM), the company’s capital structure generated 1.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at -4.27. The interest coverage ratio of the stock is 7.57.
Currently, EBITDA for the company is 14.04 billion with net debt to EBITDA at 3.62. When we switch over and look at the enterprise to sales, we see a ratio of 5.35. The receivables turnover for the company is 8.01for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
To wrap up, the performance of Philip Morris International Inc (PM) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
