Philip Morris International Inc (NYSE: PM) has a price-to-earnings ratio that is above its average at 17.72x. The stock has a 36-month beta value of 0.64. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PM is 1.55B, and at present, short sellers hold a 0.47% of that float. On April 15, 2024, the average trading volume of PM was 5.62M shares.
PM) stock’s latest price update
Philip Morris International Inc (NYSE: PM) has seen a decline in its stock price by -0.65 in relation to its previous close of 89.43. However, the company has experienced a -0.70% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-13 that Phillip Morris International has successfully pivoted its business away from cigarettes. The cigarette unit still has a lot of pricing power.
PM’s Market Performance
Philip Morris International Inc (PM) has seen a -0.70% fall in stock performance for the week, with a -6.79% decline in the past month and a -6.62% plunge in the past quarter. The volatility ratio for the week is 1.11%, and the volatility levels for the past 30 days are at 1.45% for PM. The simple moving average for the past 20 days is -3.16% for PM’s stock, with a -4.95% simple moving average for the past 200 days.
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 -2.71% 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 -12.82% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.11%, as shares sank -5.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.20% lower at present.
During the last 5 trading sessions, PM fell by -0.70%, which changed the moving average for the period of 200-days by -7.98% in comparison to the 20-day moving average, which settled at $91.50. In addition, Philip Morris International Inc saw -5.56% 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 5.2. 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 sum up, Philip Morris International Inc (PM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
