Philip Morris International Inc
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
10 Consumer Stocks for Consistent Dividend Income
In addition to boosting dividends, many consumer stocks saw stellar growth in 2019. Most of these companies outperformed the benchmark index YTD.
Check Out These Dividend-Paying Consumer Stocks
Most consumer stocks have outperformed the broader markets so far this year amid an improved macroeconomic backdrop and the industry’s defensive nature.
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.
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.
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.
Renaissance Technologies: Analyzing Its Q3 13F
At the end of the third quarter, Bristol-Myers Squibb, Celgene, Biogen, UnitedHealth, and Walmart (WMT) were Renaissance Technologies’ top five buys.
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.
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.
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.
Altria Stock: Will Sluggishness End with Q3 Earnings?
Altria stock has recovered sharply in October. There’s positive momentum in the stock before the company’s earnings. The stock has risen 14% in October.
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.
Philip Morris: Earnings Beat, Sales Lag in Q3
Philip Morris reported mixed third-quarter results before the markets opened. The company posted revenues of $7.64 billion—up 1.8% YoY.
Will Philip Morris Stock Jump after Its Q3 Earnings?
Philip Morris will announce its third-quarter earnings results on October 17. We believe the pressure on the company’s top line could ease a bit.
Altria Stock: High Dividend Yield Eases Investors’ Pain
Since the lower stock price dented investors’ return, Altria has rewarded its shareholders through higher dividends and share repurchases.
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.
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.
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.
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.
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.
Philip Morris Raises EPS Guidance After Impressive Q2
On Thursday, Philip Morris reported its second-quarter earnings results. It reported adjusted EPS of $1.46 on revenue of $7.70 billion.
Why Analysts Expect Philip Morris’s Revenue and EPS to Fall in Q2
Philip Morris is scheduled to announce its second-quarter earnings results before the market opens on July 18. Analysts expect its revenue and EPS to fall.
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.
How Philip Morris’s Valuation Compare with Its Peers
The fall of 9.5% in Philip Morris International’s (PM) stock price since the announcement of its first-quarter earnings has led to a decline in its valuation multiple as well.
Has Philip Morris Stock Bottomed Out?
Philip Morris International (PM) was trading at $77.38, which represents a fall of 9.5% since its first-quarter earnings on April 18.
How Altria and Philip Morris’s Valuation Multiples Compare
Altria Group (MO) reported its first-quarter earnings on April 25.
Why Tobacco Stocks Fell on May 28
On May 28, Altria Group (MO) fell 4.8%, while British American Tobacco (BTI) fell 4.1%.
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.
Why Bank of America Upgraded Philip Morris
Today, Bank of America upgraded Philip Morris International (PM) from “underperform” to “neutral” and also raised its price target from $81 to $94.
What Led Altria’s Revenue to Fall in Q1 2019?
For the first quarter of 2019, Altria Group (MO) has posted revenue, net of excise tax, of $4.39 billion against analysts’ estimate of $4.59 billion.
Altria Fell ~6% after Posting Disappointing Q1 Earnings
Altria failed to meet analysts’ revenue and EPS expectations for the first quarter.
Philip Morris Stock Fell despite Strong Q1 Results
Despite strong first-quarter results, Philip Morris was trading in the red early on April 18.
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.
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%.
Altria’s Valuation Multiple Compared to Its Peers
As of April 3, Altria was trading at a forward PE ratio of 12.7x—compared to 13.3x before the FDA’s announcement.
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.
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.
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.
Why Analysts Are Expecting Philip Morris’s Revenue to Rise in 2019
For 2019, analysts are expecting Philip Morris International (PM) to post revenue of $30.68 billion, which represents a rise of 3.6% from $29.63 billion in 2018.
Philip Morris Outperformed Altria’s Revenue Growth in 2018
Philip Morris International (PM) posted a net revenue excluding excise tax of $29.63 billion in 2018.
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.
What Wall Street Expects of Philip Morris’s Revenue in 2019
For 2019, analysts expect Philip Morris International (PM) to report revenue of $30.69 billion, which represents growth of 3.6% from $29.63 billion in 2018.
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.
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.
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.
Soros Fund Management’s Top Buys in the Fourth Quarter
George Soros added 2.026 million shares of the SPDR Select Sector Fund (XLF) to its portfolio during the fourth quarter, giving it a weight of 1.5% in the portfolio.
What Drove Pyxus International’s Revenue in Q3 2019?
In the third quarter of fiscal 2019, Pyxus International (PYX) posted revenue of $524.5 million, a rise of 9.8% year-over-year.
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.
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.
Philip Morris Stock Rose Due to Strong Q4 Earnings
Philip Morris International (PM) posted its fourth-quarter earnings on February 7. The company posted an adjusted EPS of $1.25.
Analysts Favor ‘Buys’ ahead of Philip Morris’s Q4 Earnings
Since the beginning of 2019, Cowen and Company, Goldman Sachs, and Morgan Stanley have all lowered their price targets on PM stock.
Altria’s Valuation Multiple Rose after Fourth-Quarter Earnings
The optimism surrounding Altria Group’s (MO) recent investments in Juul and Cronos Group (CRON) has led to a rise in Altria’s stock price, which in turn has raised its valuation multiple.
Altria Met Analyst EPS Expectations in Q4 2018
Altria Group (MO) posted adjusted EPS of $0.95 in the fourth quarter, which represents growth of 4.4% from $0.91 in the corresponding quarter of 2017.
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.
Will Altria Outperform Analysts’ EPS Expectations in Q4 2018?
For the fourth quarter, analysts are expecting Altria Group (MO) to post adjusted EPS of $0.95, which represents a rise of 4.4% from $0.91 in the corresponding quarters of 2017.
What Analysts Are Expecting from Altria’s Revenue in Q4 2018
For the fourth quarter, analysts are expecting Altria Group (MO) to post revenue of $4.81 billion, which represents a rise of 2.1% from $4.71 billion in the corresponding quarter of 2017.
Can Altria’s Q4 2018 Earnings Boost Its Stock Price?
Altria Group (MO) is scheduled to post its fourth-quarter earnings before the market opens on January 31.
Altria Stock Fell More than 6% after Morgan Stanley’s Downgrade
On January 22, Morgan Stanley downgraded Altria from “equal weight” to “underweight.” Morgan Stanley lowered the target price from $54 to $45.
Altria Stock Falls on Cowen’s Downgrade
Today, Cowen and Company downgraded Altria Group (MO) from “outperform” to “market perform” due to the accelerating decline in Altia’s cigarette sales.
Altria Group: Analysts’ Recommendations
Among the 17 analysts that cover Altria Group (MO), 51.9% recommended a “buy” rating as of December 27.
Altria Stock Has Declined 21.8%: Is It Time to Buy?
As of December 27, Altria Group (MO) was trading at $48.70—a fall of 21.8% since its third-quarter earnings on October 25.
Altria Acquires 35% Stake in Juul Labs
Today, Altria Group (MO) announced a $12.8 billion investment in Juul Labs for a stake of 35% in the e-cigarette company.
Philip Morris Stock Tanks on Credit Suisse Downgrade
Today, Reuters reported that Credit Suisse downgraded Philip Morris International (PM) from “neutral” to “underperform” and lowered its price target to $74 from $92.
Altria Is Set to Invest $1.8 Billion in Cronos Group
Altria Group is all set to leverage growth opportunities in the cannabis space with its decision to buy a stake in Cronos Group.
Correction in Altria’s Stock Price: A Buying Opportunity?
As of November 21, Altria was trading at $54.39—a fall of 12.7% since the announcement of its third-quarter earnings on October 25.
Can Philip Morris’s Q3 2018 Earnings Boost Its Stock Price?
Philip Morris International (PM) plans to announce its Q3 earnings on October 18. Philip Morris’s stock price has declined by 22.1% YTD.
Can We Expect an Upside Potential in Altria Stock?
As of September 17, Altria Group (MO) stock was trading at $62.44, which represents a 7.9% rise since July 26.
Philip Morris Stock Fell on Jefferies Downgrade
Since the beginning of 2018, Philip Morris stock has fallen 24.6% due to an increase in tobacco regulations, a decline in cigarette shipment volumes, and rising competition.
Analysts Continue to Favor ‘Buys’ for Altria Group
On July 27, Altria Group (MO) was trading at $57.90. On the same day, analysts set their average price target for the company at $67.24.
Why Philip Morris’s Q2 2018 Earnings Failed to Impress
Philip Morris International (PM) reported its Q2 earnings on July 19, posting adjusted EPS of $1.41 on revenues of $7.73 billion.
How Altria’s Valuation Multiple Compares to Its Peers
Altria’s forward PE multiple has declined since the beginning of 2018. As of July 13, Altria was trading at a forward PE multiple of 14.0x.
Could Philip Morris’s Q2 2018 Earnings Boost Its Stock Price?
Philip Morris (PM) plans to release its Q2 earnings on July 19. On July 11, PM stock traded at $82.84, down 18.3% from its Q1 earnings.
Why Tobacco Stocks Got Smoked in H1 2018
Investors shunned the stocks of tobacco companies in the first half of 2018 following the decline in shipment volumes.
Consumer Staples Stocks: Separating the Wheat from the Chaff
The Consumer Staples Select Sector SPDR ETF (XLP) fell 9.4% in the first six months of 2018.
Philip Morris Stock Rose after Higher Quarterly Dividends
On June 8, Philip Morris International (PM) announced quarterly dividends of $1.14—a rise of 6.5% from its previous quarterly dividends of $1.07.
What’s the Dividend Yield of the Consumer Non-Cyclical Sector?
The consumer non-cyclical segment recorded a dividend yield of 3%.
What to Expect forPhilip Morris’s and Altria’s Revenue
Analysts expect Philip Morris International (PM) to post revenue of $31.3 billion in the next four quarters, representing 5.7% YoY (year-over-year) growth from $29.6 billion.
Altria’s Stock Price Falls on Weak Cigarette Shipment Volume
Altria Group (MO) posted its 1Q18 earnings before the market opened yesterday. What went wrong?
Why Philip Morris’s Net Margin Narrowed in 1Q18
Philip Morris International (PM) had gross, EBIT (earnings before interest, and tax), and net margins of 61.8%, 35.2%, and 22.6%, respectively, in 1Q18, compared with 64.1%, 39.5%, and 26.2%, in 1Q17.
What Analysts Recommend for Philip Morris
As of April 10, 2018, Philip Morris International (PM) was trading at $101.1.
What Are Altria’s and Philip Morris’s Dividend Policies?
On March 1, 2018, Altria announced dividends of $0.70 per share to be paid on April 10, 2018, to shareholders of record as of March 15, 2018.
Analysts’ 2018 Revenue Expectations for Philip Morris and Altria
Analysts are expecting Philip Morris International (PM) to post revenue of $31.9 billion in 2018, which represents a rise of 11%.
How Did Altria and Philip Morris Perform in 4Q17?
In this series, we’ll analyze the 4Q17 performances of Philip Morris and Altria, including revenues, margins, and EPS.