The price-to-earnings ratio for Altria Group Inc. (NYSE: MO) is above average at 9.08x, Company’s 36-month beta value is 0.69.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for MO is 1.72B, and currently, short sellers hold a 2.80% ratio of that floaft. The average trading volume of MO on April 29, 2024 was 12.87M shares.
MO) stock’s latest price update
The stock of Altria Group Inc. (NYSE: MO) has decreased by -0.37 when compared to last closing price of 43.54. Despite this, the company has experienced a 3.06% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-28 that Altria Group Inc. experienced significant declines in cigarette sales, with Marlboro dropping by 8.7% and the discount segment declining by over 30%. Altria’s price hikes are no longer doing their magic as revenues declined year over year. We go over the challenges ahead and why we like another cigarette stock far more.
MO’s Market Performance
Altria Group Inc. (MO) has experienced a 3.06% rise in stock performance for the past week, with a -0.64% drop in the past month, and a 7.91% rise in the past quarter. The volatility ratio for the week is 1.65%, and the volatility levels for the past 30 days are at 1.49% for MO. The simple moving average for the last 20 days is 3.12% for MO stock, with a simple moving average of 2.78% for the last 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 3.14% 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 -9.70% of loss for the given period.
Volatility was left at 1.49%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares sank -0.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.38% upper at present.
During the last 5 trading sessions, MO rose by +3.06%, which changed the moving average for the period of 200-days by -5.06% in comparison to the 20-day moving average, which settled at $42.06. In addition, Altria Group Inc. saw 7.54% 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 0.39. The total capital return value is set at 0.48.
Based on Altria Group Inc. (MO), the company’s capital structure generated 1.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at -5.23. The interest coverage ratio of the stock is 12.2.
Currently, EBITDA for the company is 12.25 billion with net debt to EBITDA at 1.68. When we switch over and look at the enterprise to sales, we see a ratio of 4.47. The receivables turnover for the company is 278.7for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.48.
Conclusion
In a nutshell, Altria Group Inc. (MO) has experienced a mixed performance in recent times. The stock has received mixed “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.
