The price-to-earnings ratio for Philip Morris International Inc (NYSE: PM) is above average at 19.05x. The 36-month beta value for PM is also noteworthy at 0.59. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for PM is 1.55B, and at present, short sellers hold a 0.48% of that float. The average trading volume of PM on May 06, 2024 was 6.08M shares.
PM) stock’s latest price update
Philip Morris International Inc (NYSE: PM)’s stock price has soared by 0.09 in relation to previous closing price of 97.31. Nevertheless, the company has seen a gain of 2.50% in its stock price over the last five trading days. The Motley Fool reported 2024-05-05 that Zyn has taken the U.S. market by storm. The unit economics of Zyn are very beneficial for Philip Morris.
PM’s Market Performance
Philip Morris International Inc (PM) has seen a 2.50% rise in stock performance for the week, with a 8.10% gain in the past month and a 4.74% surge in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 1.88% for PM. The simple moving average for the last 20 days is 4.83% for PM’s stock, with a simple moving average of 4.55% for the last 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 5.47% 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 -3.28% of loss for the given period.
Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +8.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.81% upper at present.
During the last 5 trading sessions, PM rose by +2.50%, which changed the moving average for the period of 200-days by -1.39% in comparison to the 20-day moving average, which settled at $93.31. In addition, Philip Morris International Inc saw 3.53% 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 PM starting from De Wilde Frederic, who sale 20,000 shares at the price of $96.42 back on Apr 25 ’24. After this action, De Wilde Frederic now owns 178,447 shares of Philip Morris International Inc, valued at $1,928,400 using the latest closing price.
Andolina Massimo, the President, Europe Region of Philip Morris International Inc, sale 8,250 shares at $93.63 during a trade that took place back on Mar 15 ’24, which means that Andolina Massimo is holding 94,629 shares at $772,448 based on the most recent closing price.
Stock Fundamentals for PM
Current profitability levels for the company are sitting at:
- 0.35 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 0.29.
Based on Philip Morris International Inc (PM), the company’s capital structure generated 1.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at -4.89. The interest coverage ratio of the stock is 7.85.
Currently, EBITDA for the company is 14.04 billion with net debt to EBITDA at 3.36. When we switch over and look at the enterprise to sales, we see a ratio of 5.5. The receivables turnover for the company is 7.11for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In summary, Philip Morris International Inc (PM) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
