Altria Group Inc

Latest Altria Group Inc News and Updates

  • People discussing finances together such as dividend stocks
    Real Insights

    Stocks With the Highest Dividend Yields in 2021

    Whether you're already in the dividend game or you want to be a part of it, these stocks are reaping the highest rewards in 2021.
    By Rachel Curry
  • uploads///
    Consumer

    Why Altria Group’s 3Q17 Revenues Missed Analysts’ Estimates

    The net revenues from Altria Group’s Smokeable Products segment fell 1.5% from ~$4.5 billion to ~$4.4 billion.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    Philip Morris Stock Falls on Weak 3Q17 Earnings

    Philip Morris International (PM) announced its 3Q17 earnings on October 19. The company posted adjusted EPS (earnings per share) of $1.27 on revenues of $7.47 billion.

    By Rajiv Nanjapla
  • uploads///Seg
    Company & Industry Overviews

    Philip Morris’s Low 2014 Volumes in Latin America and Canada Segments

    In 2014, Philip Morris’s Latin America and Canada segment reported a 2.3% decline in net revenues. The region had the company’s lowest revenues, at 11%.

    By Penny Morgan
  • uploads///US
    Macroeconomic Analysis

    Government Sector Influenced Personal Income and Expenses Rose

    According to the BEA, personal income rose 0.30% to $52.5 billion in August 2015. This was below the consensus estimate of 0.40%.

    By Lara Sheldon
  • uploads///rai pm
    Company & Industry Overviews

    Why Did Reynolds American Rise on June 20?

    Reynolds American (RAI) has a market cap of $73.4 billion. It rose by 1.6% to close at $51.03 per share on June 20, 2016.

    By Gabriel Kane
  • uploads///S
    Company & Industry Overviews

    Costco Rose, Citigroup Upgraded the Stock

    The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.

    By Val Kensington
  • uploads///
    Consumer

    Why Analysts Expect Altria’s Net Margin to Rise in 3Q17

    For 3Q17, analysts expect Altria Group (MO) to report a gross margin, EBITDA margin, and net margin of 62.3%, 51.8%, and 31.6%, respectively.

    By Rajiv Nanjapla
  • uploads///Vaping
    Cannabis

    Why Vaping May Not Be a Gold Mine for Cannabis Players

    In recent years, vaping devices or e-cigarettes have been considered safer than tobacco cigarettes. However, the rise in vaping is now a matter of concern.

    By Sirisha Bhogaraju
  • uploads///Altria
    Company & Industry Overviews

    Altria’s Dividend Yield Gets More Attractive

    On August 23, the markets tumbled due to the escalating trade war. The S&P 500 Index lost around 2.6%. Altria stock held out and lost just 0.4%.

    By Rekha Khandelwal, CFA
  • uploads///Trump
    Cannabis

    Cannabis Industry Heats Up, Trump Might Ban Vaping

    Cannabis legalization is heating up. More states are coming forward to legalize marijuana. Cannabis is also gaining global popularity.

    By Sushree Mohanty
  • uploads///Cronos group
    Cannabis

    Cronos Group Joins Altria to Bet on Cannabidiol Market

    Cannabis company Cronos Group has expanded its presence in the US cannabidiol market through a tie-up with tobacco company Altria Group.

    By Sushree Mohanty
  • uploads///pm pm
    Company & Industry Overviews

    What’s the Latest News from Philip Morris?

    Philip Morris International (PM) has a market cap of $136.3 billion. It rose 0.47% to close at $88.18 per share on December 6, 2016.

    By Gabriel Kane
  • uploads///pm pm
    Company & Industry Overviews

    Philip Morris Plans to Increase Market Share of iQOS

    Philip Morris International (PM) has a market cap of $153.4 billion. It rose by 0.14% to close at $99 per share on August 12, 2016.

    By Gabriel Kane
  • uploads///vaping
    Cannabis

    Vaping Concerns Grow, FDA and FTC Investigate Juul

    Vaping has become very popular. However, investigations by the FTC and FDA sparked more concerns. Juul’s vaping devices could cause seizures.

    By Sushree Mohanty
  • uploads///
    Consumer

    What Are Analysts Recommending for Altria?

    The FDA’s (Food and Drug Administration) recent announcement could have compelled analysts to lower their 12-month target price for Altria Group (MO).

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Cannabis

    Why Trump Has Banned Flavored e-Cigarettes

    On January 2, as reported by CNBC, the FDA banned most fruit- and mint-flavored nicotine products. The move aims to reduce teen usage of these products.

    By Margaret Patrick
  • uploads///events
    Company & Industry Overviews

    Key Events for Consumer Stocks: January 22–26

    On January 16, 2018, Goldman Sachs upgraded Procter & Gamble (PG) to a “neutral” from a “sell” and increased the target price for the stock to $88 from $83.

    By Sushree Mohanty
  • uploads///rai pm
    Company & Industry Overviews

    Why Did Reynolds American Rise 14% on October 21?

    Price movement Reynolds American (RAI) has a market cap of $67.3 billion. It rose 14.0% to close at $53.78 per share on October 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 13.8%, 10.3%, and 19.6%, respectively, on the same day. RAI is trading 14.1% above its 20-day moving average, 11.2% […]

    By Gabriel Kane
  • uploads///
    Consumer

    Why Altria’s Stock Fell despite Beating 2Q17 Revenue Estimates

    Altria Group (MO) announced its 2Q17 earnings on July 27, 2017. The company has posted EPS (earnings per share) of $1.03 on revenues, net of excise taxes, of $5.07 billion.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Company & Industry Overviews

    Tobacco Giants Philip Morris and Altria Could Merge

    Behemoth tobacco companies Philip Morris (PM) and Altria (MO) might be getting back together after separating more than a decade ago.

    By Sirisha Bhogaraju
  • uploads///pm pm
    Company & Industry Overviews

    Philip Morris Starts Its New Manufacturing Facility in Italy

    Price movement Philip Morris International (PM) has a market cap of $159.0 billion. It fell 0.19% to close at $101.53 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.7%, 1.4%, and 17.9%, respectively, on the same day. PM is trading 1.4% above its 20-day moving average, […]

    By Gabriel Kane
  • uploads///events
    Company & Industry Overviews

    Key Dates for Consumer Stocks in the First Week of October

    On September 28, Goldman Sachs upgraded Brown-Forman (BF-B) to “neutral” from “sell” and raised the target price to $56 from $51.

    By Sushree Mohanty
  • uploads///Part
    Miscellaneous

    Anheuser-Busch InBev Bids for SABMiller: Analysis

    On October 7, Anheuser-Busch InBev announced a formal cash bid of 42.2 pounds per share to SABMiller’s board. This was the third offer rejected by SABMiller.

    By Phalguni Soni
  • uploads///Q Wine overview
    Earnings Report

    Altria’s Wine Segment Delivered Robust 1Q16 Results

    Altria Group’s (MO) wine segment’s 1Q16 net revenue rose 8.2% to $0.15 billion compared to $0.13 billion in 1Q15.

    By Penny Morgan
  • uploads///rai pm
    Earnings Report

    A Look at Reynolds American’s 3Q16 Performance

    Price movement Reynolds American (RAI) has a market cap of $66.3 billion. It fell 2.1% to close at $46.29 per share on October 19, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.7%, -2.9%, and 2.9%, respectively, on the same day. RAI is trading 2.2% below its 20-day moving average, 4.5% […]

    By Gabriel Kane
  • uploads///CRON_
    Cannabis

    Cronos Group Receives Rare ‘Buy’ Rating from MKM Partners

    MKM Partners analyst Bill Kirk likes Cronos Group’s healthy cash position, strong track record, and its relationship with Altria (NYSE:MO).

    By Rajiv Nanjapla
  • uploads///Does Vaping Cannabis Avoid Cancer Caused by Smoking
    Cannabis

    Vaping Cannabis or Smoking Tobacco: Burning Questions

    During its latest earnings call, Aphria (APHA) stated that vapes and concentrates could form a major share of Canada’s recreational market by 2021.

    By Adam Jones
  • uploads///sharon mccutcheon aeJ mmQ unsplash
    Consumer

    Dividend Investors Can Bet on These 2 Consumer Stocks

    Procter & Gamble’s strong underlying sales, margin expansion, and consistent dividend growth make it a top stock for income-seeking investors.

    By Amit Singh
  • uploads///
    Consumer

    Why Altria’s Valuation Multiple Fell

    Due to high visibility in Altria Group’s (MO) earnings, we have opted for a forward PE (price-to-earnings) ratio for our analysis.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    Why Did Philip Morris’s Net Margins Decline in 3Q17?

    For 3Q17, Philip Morris International (PM) posted a gross margin, an EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and a net margin of 63.4%, 44.1%, and 26.4%, respectively.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    What’s Expected for Altria’s Earnings

    Analysts’ expectations For the next four quarters, analysts expect Altria Group (MO) to post EPS (earnings per share) of $3.51, which represents 11.1% growth from the $3.16 seen in the last four quarters. Earnings growth Altria’s EPS growth is expected to be driven by revenue growth, net margin expansion, and share repurchases. For the next four […]

    By Rajiv Nanjapla
  • uploads///
    Consumer

    How Analysts View Philip Morris’s Revenues in 3Q17

    For the next four quarters, analysts expect Philip Morris International (PM) to post net revenues of ~$30.7 billion.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    What Drove Philip Morris’s Revenue in Q3 2018?

    In the third quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.17 billion.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    What Drove Philip Morris’s Revenue in the Fourth Quarter?

    In the fourth quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.39 billion.

    By Rajiv Nanjapla
  • uploads///cigarette _
    Consumer

    Philip Morris Stock Rose 3 Percent Due to Earnings Surprise

    Philip Morris stock has risen as much as 3.2% in the pre-market session today as of 8:55 AM ET. The company posted its second-quarter results.

    By Ambrish Shah
  • uploads///AdobeStock_
    Consumer

    Will Altria’s Q2 Earnings Be a Boom or Bust?

    Analysts expect Altria to report revenues of $5.08 billion in the second quarter of 2020—a fall of 2.2% from $5.19 billion in the second quarter of 2019.

    By Rajiv Nanjapla
  • uploads///philip morris attractive
    Consumer

    Why Philip Morris Looks Attractive at These Levels

    So far this year, Philip Morris (NYSE:PM) has lost 17.0% of its stock value. The stock has underperformed the broader equity markets.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    Philip Morris Stock Rises after FDA Approves IQOS

    On Tuesday, the FDA authorized Philip Morris’s IQOS, an electrically heated tobacco unit, to be marketed as a modified risk tobacco product.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Consumer

    Barclays Downgrades Altria, Worries about Declining Market Share

    Today, Gaurav Jain of Barclays downgraded Altria Group (NYSE:MO) from “overweight” to “equal weight.” He also lowered his target price from $50 to $43.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    What to Expect from Philip Morris in Q2

    This year, Philip Morris stock has been subdued, losing 13.6% of its value. The company is set to report its second-quarter earnings on July 21.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Cannabis

    Cronos and Altria’s Deal: Does It Make Sense Now?

    Cronos Group, one of the more resilient cannabis stocks, hasn’t escaped the gloom in the cannabis sector. It’s down 37.44% year-to-date on the Nasdaq.

    By Margaret Patrick
  • uploads///cigarette and cannabis sales
    Cannabis

    How’s COVID-19 Impacting Cigarette and Cannabis Sales?

    Layoffs amid COVID-19 led to a decline in disposable income, which had a negative impact on the cigarette and cannabis industries.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Consumer

    How Do Philip Morris and Altria Compare in 2020?

    So far this year, Philip Morris International (NYSE:PM) and Altria Group (NYSE:MO) have underperformed the broader equity markets.

    By Rajiv Nanjapla
  • uploads///altria good investment
    Consumer

    Altria Stock Is a No-Brainer with 9.3% Dividend Yield

    Investing in Altria stock is a no-brainer considering the company’s solid track record of dividend payments and low valuation.

    By Amit Singh
  • uploads///philip morris buy after results
    Consumer

    Is It Time for Investors to Buy Philip Morris?

    Despite the impressive first-quarter performance, Philip Morris’s stock price has declined. As of May 7, the company was trading at $70.14.

    By Rajiv Nanjapla
  • uploads///cronos group downgrade
    Cannabis

    Raymond James Downgraded Cronos before Its Q1 Earnings

    Cronos Group (NASDAQ:CRON) will likely report its results for the first quarter of fiscal 2020 on May 8 before the market opens.

    By Sushree Mohanty
  • uploads///altria upcoming earnings
    Consumer

    What Can Investors Expect from Altria’s Q1 Results?

    Currently, 14 analysts cover Altria stock. Many analysts have a bullish view on the stock due to its higher dividend yield and lower valuation.

    By Sushree Mohanty
  • uploads///philip morris results beat
    Consumer

    Philip Morris Beats Top and Bottom-Line Estimates in Q1

    Philip Morris reported its earnings results for the first quarter of 2020. The company reported an adjusted EPS of $1.21 on revenues of $7.15 billion.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    What to Expect from Philip Morris’s Q1 Earnings

    As of April 13, Philip Morris (NYSE:PM) was trading at 73.95—a fall of 11.3% since the announcement of its fourth-quarter earnings on February 6.

    By Rajiv Nanjapla
  • uploads///cronos group earnings expectations
    Cannabis

    What to Expect from Cronos Group’s Q4 Earnings Today

    Cronos Group will report its fourth-quarter and fiscal 2019 results after the market closes today—a delay from the original date of February 27.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Consumer

    2 High-Yielding Dividend Tobacco Stocks during Downturn

    Investors should find safety in high-yielding dividend stocks amid the downturn. Altria and Philip Morris both deliver stable earnings and constant dividends.

    By Rajiv Nanjapla
  • uploads///Altria_
    Consumer

    Morgan Stanley Upgrades Altria Group to ‘Overweight’

    On March 16, Morgan Stanley upgraded Altria Group (NYSE:MO) from “equal weight” to “overweight” with a target price of $49.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Consumer

    Are Philip Morris’s Numbers Attractive in 2020?

    As of March 10, Philip Morris (PM) was trading at $84.73—a fall of 0.4% since the beginning of this year. PM has outperformed the broader equity market and its peers.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Consumer

    Should You Consider Buying Altria Group?

    As of March 6, Altria Group (NYSE:MO) was trading at $42.15—a fall of 15.9% since the company reported its earnings for the fourth quarter of 2020 on January 30.

    By Rajiv Nanjapla
  • uploads///OGI_pic
    Cannabis

    What to Expect from Cronos Group’s Q4 Earnings

    Cronos Group will report its fourth-quarter earnings before the market opens on Thursday. Analysts expect double-digit revenue growth sequentially.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    Philip Morris Beats Analysts’ Top and Bottom-Line Estimates

    Today, Philip Morris reported its fourth-quarter earnings. For the quarter, the company posted an adjusted EPS of $1.22 on revenues of $7.71 billion.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    What to Expect from Philip Morris in Q4

    Philip Morris will report its Q4 earnings before the market opens on Thursday. Analysts expect the company’s revenue to rise and its adjusted EPS to fall. 

    By Rajiv Nanjapla
  • uploads///MO
    Consumer

    Altria Meets Earnings Estimates, Misses on Revenue

    Today, Altria Group reported its fourth-quarter earnings, which ended on December 31. For the quarter, the company reported revenue of $6.0 billion.

    By Rajiv Nanjapla
  • uploads///AdobeStock_
    Consumer

    Altria Stock: Inexpensive Valuation, High Dividend Yield

    Altria (MO) stock has recovered recently and risen by about 8% in a month. However, the stock has underperformed peers and broader markets this year.

    By Amit Singh
  • uploads///chris liverani dBI_MyRk unsplash
    Get Real

    Get Real: New Targets and Turnaround Hopes

    In this morning’s edition of our daily market newsletter, Get Real, we looked at Trump’s new tariff targets, a 5G network launch, and turnaround hopes.

    By Grace Nightingale
  • uploads///AdobeStock_
    Consumer

    Why Citigroup Prefers Altria over Philip Morris

    Citigroup has upgraded Altria and downgraded Philip Morris. It expects lower cigarette volume declines and has a favorable outlook on traditional tobacco.

    By Amit Singh
  • uploads///AdobeStock_
    Cannabis

    Cronos Group’s Q3 Earnings: What to Expect

    Analysts expect Cronos Group to report revenue of $14.62 million Canadian dollars in fiscal Q3 2019. This implies a YoY (year-over-year) rise of 288.74%.

    By Margaret Patrick
  • uploads///market restless
    Materials

    Get Real: Why Is the Market Restless?

    In today’s Get Real, we saw Tesla’s plans for China, AMD’s expectations for 2020, the state of crude oil prices, and more.

    By Grace Nightingale
  • uploads///earnings season clouds
    Materials

    Get Real: Roller Coaster Continues This Earnings Season

    AT&T stock is prospering, while Netflix’s problems could be rising. We also have the latest earnings including U.S. Steel and Chevron today.

    By Grace Nightingale
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Altria Gives Juul Labs Update, Stock Gets Beating

    When Altria posted its earnings yesterday, things looked positive. However, after news about Juul Labs, MO stock lost momentum and closed 2.6% lower.

    By Amit Singh
  • uploads///AdobeStock_
    Consumer

    Why Altria Could Jump on Its Q3 Earnings Beat

    Altria (MO) posted better-than-expected third-quarter earnings results today. As expected, lower cigarette shipment volumes remained a drag.

    By Amit Singh
  • uploads///AdobeStock_
    Consumer

    Altria in Q3: What Analysts Expect from Its Earnings

    Altria (MO) is scheduled to report its third-quarter earnings results on October 31. Analysts expect its earnings to continue to improve year-over-year.

    By Amit Singh
  • uploads///bernie sanders _
    Cannabis

    Here’s Bernie Sanders’ Plan to Legalize Marijuana

    Bernie Sanders released his plan to legalize marijuana in the US. He pledged to declassify marijuana as a controlled substance in the first 100 days.

    By Margaret Patrick
  • uploads///AdobeStock_
    Company & Industry Overviews

    Will Altria Erase Its Losses and Turn Positive?

    On October 18, Citigroup upgraded Altria stock to “neutral” from “sell.” It expects the negative news surrounding vaping to boost cigarette volumes.

    By Amit Singh
  • uploads///AdobeStock_
    Cannabis

    Juul’s Valuation Cut by Darsana—Will Others Follow?

    Many hedge funds have been reaping the benefits of a rise in Juul’s valuation. However, they didn’t foresee a massive potential vaping-related issue.

    By Anuradha Garg
  • uploads///Cronos
    Cannabis

    Cronos: What’s the Word on Wall Street?

    Cronos Group (CRON) reported its Q2 results last month. Despite better-than-expected sales, its Q2 losses widened and its stock has fallen 23% since then.

    By Sirisha Bhogaraju
  • uploads///Altria
    Company & Industry Overviews

    Altria Stock: Key Indicators and Risks

    Altria (MO) stock has lagged the broader market in 2019. On August 17, the CDC noted that it is investigating lung diseases linked to e-cigarette use.

    By Rekha Khandelwal, CFA
  • uploads///Altria stock
    Company & Industry Overviews

    Altria: What Will Drive Long-Term Growth?

    Altria (MO) stock has dipped roughly 5% so far in 2019, underperforming the broader market. MO stock is trading about 10% above its 52-week low price.

    By Rekha Khandelwal, CFA
  • uploads///dividend stock
    Consumer

    Why These Dividend-Paying Consumer Stocks Look Attractive

    As the broader markets take a hit, dividend-paying consumer stocks seem like a safe bet due to the sector’s defensive nature.

    By Amit Singh
  • uploads///Canopy Growth
    Cannabis

    How Will Canopy Growth Capture the US Vaping Market?

    On Thursday, Canopy Growth announced its entry into the US vaporizer market. The company entered into a distribution agreement with Greenlane Holdings.

    By Adam Jones
  • uploads///Altria
    Consumer

    Altria’s Q2 Revenue Tops Estimates, Earnings In Line

    Today, Altria Group (MO) reported its second-quarter earnings results. In the quarter, the company had adjusted EPS of $1.10.

    By Rajiv Nanjapla
  • uploads///MO
    Consumer

    Could Altria’s Q2 Results Boost Its Stock Price?

    Altria Group (MO) is set to report its second-quarter earnings before the market opens on July 30. In the quarter, analysts expect the company’s revenue and EPS to rise.

    By Rajiv Nanjapla
  • uploads///Philip Morris
    Consumer

    Philip Morris Rises Over 8% After Its Impressive Q2 Results

    Philip Morris International (PM) reported its second-quarter earnings results on Thursday. The company reported adjusted EPS of $1.46.

    By Rajiv Nanjapla
  • uploads///Altria_
    Consumer

    Altria Rises After Goldman Sachs Calls It a ‘Buy’

    On Friday, Goldman Sachs upgraded Altria Group (MO) from a “neutral” to a “buy” while keeping its price target unchanged at $59.

    By Rajiv Nanjapla
  • uploads///MO_
    Miscellaneous

    Why Did Altria Stock Fall 4.5% on June 21?

    Scott Gottlieb’s comments might have led to a fall in Altria’s stock price on June 21. At the closing on June 21, the company was trading at $48.00—a fall of 4.5% from the previous day’s closing price.

    By Rajiv Nanjapla
  • uploads///MO
    Consumer

    Why Tobacco Stocks Fell on May 28

    On May 28, Altria Group (MO) fell 4.8%, while British American Tobacco (BTI) fell 4.1%.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    How Does Philip Morris’s Valuation Multiple Compare with Peers?

    Today, Philip Morris International (PM) was trading ~0.8% higher at 11:05 AM EST.

    By Rajiv Nanjapla
  • uploads///MO
    Consumer

    Altria Fell ~6% after Posting Disappointing Q1 Earnings

    Altria failed to meet analysts’ revenue and EPS expectations for the first quarter.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    Philip Morris Stock Fell despite Strong Q1 Results

    Despite strong first-quarter results, Philip Morris was trading in the red early on April 18.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    Can IQOS Sales Drive Philip Morris’s Revenue in Q1 2019?

    Analysts expect Philip Morris International (PM) to post revenue of $6.74 billion in the first quarter.

    By Rajiv Nanjapla
  • uploads///grocery store _
    Consumer

    Consumer Staples Stocks: Stragglers in Q1

    Despite 10.5% growth in the first quarter, the Consumer Staples Select Sector SPDR ETF (XLP) lagged the benchmark index, which rose 13.1%.

    By Amit Singh
  • uploads///MO
    Consumer

    Why Did Altria Stock Fall ~4.8% on April 3?

    The FDA’s announcement caused Altria’s stock price to fall. On April 3, the stock price fell to a low of $53.43 before closing the day at $53.98.

    By Rajiv Nanjapla
  • uploads///Tobacco
    Consumer

    Why Tobacco Stocks Registered Impressive Gains in Q1

    Sin stocks marked healthy growth in the first quarter. Molson Coors and Brown-Forman stocks rose 6.2% and 10.9%, respectively.

    By Amit Singh
  • uploads///grocery _
    Consumer

    These Consumer Staples Stocks Marked Stellar Gains in Q1

    The Consumer Staples Select Sector SPDR ETF (XLP) rose 10.5% in the first quarter of 2019.

    By Amit Singh
  • uploads///MO_
    Company & Industry Overviews

    Altria Completed Its Investment in Cronos Group

    On March 8, Altria (MO) announced that it completed its previously announced investment of ~$1.8 billion in Cronos Group.

    By Rajiv Nanjapla
  • uploads///
    Consumer

    Philip Morris: Valuation Multiple versus Peers

    The strengthening broader equity market and strong fourth-quarter earnings have increased Philip Morris’s (PM) stock price, which has led to an increase in its valuation multiple.

    By Rajiv Nanjapla
  • uploads///PM
    Consumer

    Philip Morris Stock Up ~30% this Year: More Upside?

    After losing 36.8% of its stock value in 2018, Philip Morris International (PM) began 2019 on a strong note.

    By Rajiv Nanjapla
  • uploads///MO_
    Company & Industry Overviews

    Altria’s Stock Price Rose More than 2% on February 22

    According to a Bloomberg report on February 22, JUUL Lab’s management expects its revenues to rise to $3.4 billion in 2019.

    By Rajiv Nanjapla
  • uploads///PYX
    Consumer

    Why Pyxus International Stock Rose Over 33% after Its Q3 Results

    Pyxus International (PYX) posted its fiscal 2019 third-quarter earnings results after the market closed on February 11.

    By Rajiv Nanjapla
  • uploads///
    Company & Industry Overviews

    How Altria Could Benefit from Its Cronos Group Investment

    On December 7, Altria Group (MO) announced that it had invested $1.8 billion in Cronos Group (CRON) for a 45% stake in the company, which could increase 10% over the next four years.

    By Rajiv Nanjapla
  • uploads///
    Company & Industry Overviews

    Digging Deep into Altria’s Investment in JUUL Labs

    On December 20, Altria Group (MO) announced a $12.8 billion investment in JUUL Labs for a 35% stake in the e-cigarette company.

    By Rajiv Nanjapla
  • uploads///PM
    Consumer

    Strong Fourth-Quarter Earnings Drove Philip Morris Stock

    In the fourth quarter, Philip Morris outperformed analysts’ EPS estimate of $1.16 and revenue estimate of $7.39 billion.

    By Rajiv Nanjapla
  • uploads///marijuana _
    Company & Industry Overviews

    What’s Driving the Recent Gains in Cronos Group?

    On February 4, Cronos Group (CRON) surged ~12% on the Canadian exchange. The stock has more than doubled since the beginning of 2019.

    By Adam Jones
  • uploads///
    Consumer

    What Drove Altria’s Revenue in the Fourth Quarter?

    The segment has posted revenue of $4.1 billion, which represents a rise of 1.9% from $3.94 billion in the fourth quarter of 2017.

    By Rajiv Nanjapla
  • © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.