The stock of Altria Group Inc. (MO) has gone down by -1.44% for the week, with a -5.31% drop in the past month and a -1.32% drop in the past quarter. The volatility ratio for the week is 1.22%, and the volatility levels for the past 30 days are 1.48% for MO. The simple moving average for the last 20 days is -4.79% for MO’s stock, with a simple moving average of -3.14% for the last 200 days.
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 8.99x 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 3.43% of that float. The average trading volume for MO on April 15, 2024 was 12.06M shares.
MO) stock’s latest price update
Altria Group Inc. (NYSE: MO) has experienced a decline in its stock price by -0.92 compared to its previous closing price of 41.43. However, the company has seen a fall of -1.44% in its stock price over the last five trading days. InvestorPlace reported 2024-04-14 that The S&P 500 is doing great this year after last year’s historic run higher. The broad index is up almost 9% in 2024.
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 -1.76% 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 -14.55% of loss for the given period.
Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.22%, as shares sank -7.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.32% upper at present.
During the last 5 trading sessions, MO fell by -1.44%, which changed the moving average for the period of 200-days by -7.42% in comparison to the 20-day moving average, which settled at $42.95. In addition, Altria Group Inc. saw 1.76% 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 4.41. 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 bad 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.
