The stock of Altria Group Inc. (MO) has gone up by 0.48% for the week, with a 4.96% rise in the past month and a 5.39% rise in the past quarter. The volatility ratio for the week is 1.19%, and the volatility levels for the past 30 days are 1.35% for MO. The simple moving average for the past 20 days is 2.95% for MO’s stock, with a 3.38% simple moving average for the past 200 days.
Is It Worth Investing in Altria Group Inc. (NYSE: MO) Right Now?
Altria Group Inc. (NYSE: MO) has a price-to-earnings ratio of 9.13x that is above its average ratio. Additionally, the 36-month beta value for MO is 0.66. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for MO is 1.72B and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of MO on May 06, 2024 was 12.84M shares.
MO) stock’s latest price update
Altria Group Inc. (NYSE: MO)’s stock price has decreased by -0.89 compared to its previous closing price of 43.98. However, the company has seen a 0.48% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-05 that Altria’s stock delivered a total 7.5% total return since November 2023 when my initial bullish thesis was published. The company’s profitability and cash flow are rock-solid which helps in improving Altria’s balance sheet. Altria’s shift from traditional cigarettes to new products is developing successfully as the footprint of its e-vapor and nicotine pouch products is expanding rapidly.
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 2.79% 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 -7.97% of loss for the given period.
Volatility was left at 1.35%, however, over the last 30 days, the volatility rate increased by 1.19%, as shares surge +4.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.58% upper at present.
During the last 5 trading sessions, MO rose by +0.48%, which changed the moving average for the period of 200-days by -3.94% in comparison to the 20-day moving average, which settled at $42.44. In addition, Altria Group Inc. saw 8.06% 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 4.49. 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 conclusion, Altria Group Inc. (MO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
