What Recent Market Trends Mean for Altria Group Inc.’s (MO) Stock

The stock of Altria Group Inc. (MO) has gone down by -0.46% for the week, with a -1.23% drop in the past month and a 0.43% rise in the past quarter. The volatility ratio for the week is 1.28%, and the volatility levels for the past 30 days are 1.30% for MO. The simple moving average for the last 20 days is -1.42% for MO’s stock, with a simple moving average of 8.13% for the last 200 days.

Is It Worth Investing in Altria Group Inc. (NYSE: MO) Right Now?

The price-to-earnings ratio for Altria Group Inc. (NYSE: MO) is above average at 8.56x. The 36-month beta value for MO is also noteworthy at 0.68. 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.”

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The public float for MO is 1.70B, and at present, short sellers hold a 1.47% of that float. The average trading volume of MO on October 21, 2024 was 8.03M shares.

MO) stock’s latest price update

The stock of Altria Group Inc. (NYSE: MO) has decreased by -0.26 when compared to last closing price of 49.74.Despite this, the company has seen a loss of -0.46% in its stock price over the last five trading days. 247wallst.com reported 2024-10-20 that Investing in the stock market has proved to be the surest way to creating significant wealth over time.

Analysts’ Opinion of MO

Many brokerage firms have already submitted their reports for MO stocks, with Citigroup repeating the rating for MO by listing it as a “Neutral.” The predicted price for MO in the upcoming period, according to Citigroup is $48 based on the research report published on October 08, 2024 of the current year 2024.

Stifel gave a rating of “Buy” to MO, setting the target price at $52 in the report published on April 14th of the previous year.

MO Trading at -3.62% 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 -9.72% of loss for the given period.

Volatility was left at 1.30%, however, over the last 30 days, the volatility rate increased by 1.28%, as shares sank -1.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.67% lower at present.

During the last 5 trading sessions, MO fell by -0.46%, which changed the moving average for the period of 200-days by +19.83% in comparison to the 20-day moving average, which settled at $50.33. In addition, Altria Group Inc. saw 22.98% 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 Whitaker Charles N., who sale 22,487 shares at the price of $43.95 back on May 02 ’24. After this action, Whitaker Charles N. now owns 173,485 shares of Altria Group Inc., valued at $988,360 using the latest closing price.

Davis Robert Matthews, the Director of Altria Group Inc., purchase 1,200 shares at $40.50 during a trade that took place back on Nov 06 ’23, which means that Davis Robert Matthews is holding 8,473 shares at $48,599 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 0.48. The total capital return value is set at 0.47.

Based on Altria Group Inc. (MO), the company’s capital structure generated 1.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at -8.3. The interest coverage ratio of the stock is 12.17.

Currently, EBITDA for the company is 12.25 billion with net debt to EBITDA at 1.84. When we switch over and look at the enterprise to sales, we see a ratio of 5.06. The receivables turnover for the company is 295.82for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.

Conclusion

In summary, Altria Group Inc. (MO) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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