Philip Morris International Inc (PM) Shares Decline Despite Market Challenges

The stock of Philip Morris International Inc (NYSE: PM) has decreased by -0.19 when compared to last closing price of 120.85.Despite this, the company has seen a loss of -0.14% in its stock price over the last five trading days. zacks.com reported 2024-09-27 that Here is how Philip Morris (PM) and Pilgrim’s Pride (PPC) have performed compared to their sector so far this year.

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 of 21.36x that is above its average ratio. Additionally, the 36-month beta value for PM is 0.58. 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.”

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The public float for PM is 1.55B and currently, short sellers hold a 0.61% ratio of that float. The average trading volume of PM on September 30, 2024 was 5.26M shares.

PM’s Market Performance

PM’s stock has seen a -0.14% decrease for the week, with a -1.59% drop in the past month and a 19.04% gain in the past quarter. The volatility ratio for the week is 1.16%, and the volatility levels for the past 30 days are at 1.52% for Philip Morris International Inc The simple moving average for the last 20 days is -2.51% for PM’s stock, with a simple moving average of 18.89% 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 1.36% 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 -5.93% of loss for the given period.

Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares sank -1.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.25% upper at present.

During the last 5 trading sessions, PM fell by -0.14%, which changed the moving average for the period of 200-days by +29.71% in comparison to the 20-day moving average, which settled at $123.62. In addition, Philip Morris International Inc saw 28.21% 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 $119.30 back on Aug 22 ’24. After this action, De Wilde Frederic now owns 138,447 shares of Philip Morris International Inc, valued at $2,386,000 using the latest closing price.

FREDERIC J DE WILDE, the Officer of Philip Morris International Inc, proposed sale 20,000 shares at $119.30 during a trade that took place back on Aug 22 ’24, which means that FREDERIC J DE WILDE is holding shares at $2,386,000 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 0.24. The total capital return value is set at 0.29.

Based on Philip Morris International Inc (PM), the company’s capital structure generated 1.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at -5.04. The interest coverage ratio of the stock is 7.74.

Currently, EBITDA for the company is 14.1 billion with net debt to EBITDA at 3.12. When we switch over and look at the enterprise to sales, we see a ratio of 6.37. 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 conclusion, Philip Morris International Inc (PM) has seen mixed 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.

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