The stock of Altria Group Inc. (NYSE: MO) has increased by 0.29 when compared to last closing price of 41.53.Despite this, the company has seen a loss of -4.52% in its stock price over the last five trading days. 24/7 Wall Street reported 2024-04-06 that Investors love dividend stocks because they provide dependable income and a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.
Is It Worth Investing in Altria Group Inc. (NYSE: MO) Right Now?
Altria Group Inc. (NYSE: MO) has a higher price-to-earnings ratio of 9.12x compared to its average ratio, The 36-month beta value for MO is at 0.70. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for MO is 1.76B, and currently, shorts hold a 0.83% of that float. The average trading volume for MO on April 08, 2024 was 12.01M shares.
MO’s Market Performance
The stock of Altria Group Inc. (MO) has seen a -4.52% decrease in the past week, with a 0.48% rise in the past month, and a 0.31% gain in the past quarter. The volatility ratio for the week is 1.82%, and the volatility levels for the past 30 days are at 1.48% for MO. The simple moving average for the past 20 days is -3.81% for MO’s stock, with a -1.84% simple moving average for the past 200 days.
Analysts’ Opinion of MO
Stifel, on the other hand, stated in their research note that they expect to see MO reach a price target of $52. The rating they have provided for MO stocks is “Buy” according to the report published on April 14th, 2023.
UBS gave a rating of “Sell” to MO, setting the target price at $38 in the report published on November 10th of the previous year.
MO Trading at 0.03% from the 50-Day Moving Average
After a stumble in the market that brought MO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.30% of loss for the given period.
Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.82%, as shares surge +0.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.31% upper at present.
During the last 5 trading sessions, MO fell by -4.52%, which changed the moving average for the period of 200-days by -4.19% in comparison to the 20-day moving average, which settled at $43.30. In addition, Altria Group Inc. saw 3.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MO starting from Davis Robert Matthews, who purchase 1,200 shares at the price of $40.50 back on Nov 06 ’23. After this action, Davis Robert Matthews now owns 8,473 shares of Altria Group Inc., valued at $48,599 using the latest closing price.
Clarke Ian L.T., the Director of Altria Group Inc., purchase 1,100 shares at $40.57 during a trade that took place back on Nov 06 ’23, which means that Clarke Ian L.T. is holding 7,145 shares at $44,625 based on the most recent closing price.
Stock Fundamentals for MO
Current profitability levels for the company are sitting at:
- 0.58 for the present operating margin
- 0.66 for the gross margin
The net margin for Altria Group Inc. stands at 0.38. The total capital return value is set at 0.46.
Based on Altria Group Inc. (MO), the company’s capital structure generated 1.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at -7.41. The interest coverage ratio of the stock is 12.57.
Currently, EBITDA for the company is 12.25 billion with net debt to EBITDA at 1.78. When we switch over and look at the enterprise to sales, we see a ratio of 4.46. The receivables turnover for the company is 302.9for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
In conclusion, Altria Group Inc. (MO) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
