How Altria’s Valuation Multiple Compares to Peers
As of March 9, 2017, Altria was trading at a PE multiple of 22.7x compared to 21.4x before the announcement of its 4Q16 earnings.
Analysts are expecting Altria Group (MO) to post EPS (earnings per share) of $3.30 in 2017. That represents a rise of 8.9% from $3.03 in 2016.
Analysts are expecting Altria to post revenue of ~$19.8 billion in 2017, which represents a rise of 2.3% from ~$19.3 billion in 2016.
On March 9, 2017, Altria Group (MO) hit its 52-week high of $76.44 and closed at $76.19. That’s a 7.0% rise since its 4Q16 earnings on February 1, 2017.
As of March 8, PG was trading at a 12-month forward PE ratio of 22.7x. The company is now trading at a higher valuation multiple than the S&P 500 Index.
Of the 20 analysts covering Procter & Gamble (PG) stock, 40.0% have rated the stock as a “buy” as of March 8.
Procter & Gamble (PG) has a great track record of rewarding investors with higher dividends, share buyback plans, and share exchanges.
Procter & Gamble (PG) has embarked on a restructuring plan that aims to reduce costs and generate healthy margins.
Despite challenges, Procter & Gamble reported a 2.5% YoY rise in organic sales and volumes in the first half of fiscal 2017.
Procter & Gamble shares have risen 7.2% YTD as of March 8, and the stock has risen ~3.1% since it announced better-than-expected fiscal 2Q17 on January 20.
As of February 27, 2017, analysts are expecting Philip Morris stock to rise 0.40% from its current level.
In 4Q16, the European Union generated 27.9% of Philip Morris’s total revenue. The EEMA generated 25.8%.
Philip Morris management currently expects the currency exchange to negatively impact the company’s 2017 EPS by $0.08 from an earlier estimate of $0.18.
Philip Morris’s better-than-expected fiscal 4Q16 earnings and the increase in 2017 EPS guidance appear to have increased investor confidence.
Since the announcement of its 4Q16 earnings on February 2, 2017, Philip Morris (PM) stock has risen 13.3%. On February 27, 2017, the stock hit an all-time high.
The 12-month forward PE (price-earnings) multiple of Mondelēz International (MDLZ) rose 0.8% to 20.9x on February 8 in reaction to the company’s 4Q16 results and 2017 outlook.
Mondelēz International (MDLZ) has been streamlining its business and reducing costs to improve its profitability.
Mondelēz International (MDLZ) generated revenue of $6.77 billion in 4Q16, missing the consensus Wall Street analyst revenue estimate of $6.89 billion.
After exceeding analysts’ earnings expectations in the first three quarters of 2016, Mondelēz International’s (MDLZ) earnings in 4Q16 didn’t meet the consensus Wall Street analyst estimate.
On February 8, Mondelēz International (MDLZ) stock rose 1.2% to $44.47 in reaction to the company’s 4Q16 results.