The stock of Philip Morris International Inc (PM) has seen a 5.54% increase in the past week, with a 0.14% gain in the past month, and a 1.57% flourish in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are at 1.43% for PM. The simple moving average for the last 20 days is 3.52% for PM’s stock, with a simple moving average of 0.52% for the last 200 days.
Is It Worth Investing in Philip Morris International Inc (NYSE: PM) Right Now?
Philip Morris International Inc (NYSE: PM) has a price-to-earnings ratio that is above its average at 18.70x. The stock has a 36-month beta value of 0.63. 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 22, 2024, the average trading volume of PM was 5.75M shares.
PM) stock’s latest price update
Philip Morris International Inc (NYSE: PM) has experienced a rise in its stock price by 2.82 compared to its previous closing price of 91.20. However, the company has seen a gain of 5.54% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-18 that Besides Wall Street’s top -and-bottom-line estimates for Philip Morris (PM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
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 2.94% 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 -7.99% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares surge +1.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.55% upper at present.
During the last 5 trading sessions, PM rose by +5.54%, which changed the moving average for the period of 200-days by -3.78% in comparison to the 20-day moving average, which settled at $90.66. In addition, Philip Morris International Inc saw -0.33% 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 5.41. 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 mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
