Altria Group Inc. (NYSE: MO) closed the day trading at 43.01 up 0.21% from the previous closing price of $42.92. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 7888968 shares were traded. MO reached its highest trading level at $43.77 during the session, while it also had its lowest trading level at $43.00.
For a better understanding of MO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on June 29, 2022, Downgraded its rating to Underweight and sets its target price to $36 from $53 previously.
On June 24, 2022, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also lowered its target price recommendation from $47 to $43.
Morgan Stanley Downgraded its Equal-Weight to Underweight on June 08, 2022, whereas the target price for the stock was revised from $54 to $50.
As of this moment, Altria’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.25, and their Forward P/E ratio for the next fiscal year is 8.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02.
Stock Price History:
Over the past 52 weeks, MO has reached a high of $57.05, while it has fallen to a 52-week low of $41.00. The 50-Day Moving Average of the stock is 44.16, while the 200-Day Moving Average is calculated to be 48.76.
Over the past 3-months, MO traded about 9.63M shares per day on average, while over the past 10 days, MO traded about 12.45M shares per day. A total of 1.81B shares are outstanding, with a floating share count of 1.80B. Insiders hold about 0.10% of the company’s shares, while institutions hold 60.20% stake in the company. Shares short for MO as of Jul 14, 2022 were 19.95M with a Short Ratio of 1.76, compared to 17.53M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.10% and a Short% of Float of 1.10%.
Dividends & Splits
MO’s forward annual dividend rate is 3.76, up from 3.42 a year ago. Against a Trailing Annual Dividend Yield of 7.97%, it implies a Forward Annual Dividend Yield of 8.21%. The stock’s 5-year Average Dividend Yield is 6.54. The current Payout Ratio is 370.30% for MO, which recently paid a dividend on Oct 10, 2022 with an ex-dividend date of Jun 13, 2022. Stock splits for the company last occurred on Apr 10, 1997 when the company split stock in a 3:1 ratio.
Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of $1.31 for the current quarter, with a high estimate of $1.38 and a low estimate of $1.23, while EPS last year was $1.22. The consensus estimate for the next quarter is $1.16, with high estimates of $1.2 and low estimates of $1.03.
Analysts are recommending an EPS of between $4.95 and $4.67 for the fiscal current year, implying an average EPS of $4.84. EPS for the following year is $5.08, with 17 analysts recommending between $5.32 and $4.61.
A total of 15 analysts have provided revenue estimates for MO’s current fiscal year. The highest revenue estimate was $21.33B, while the lowest revenue estimate was $20.51B, resulting in an average revenue estimate of $20.88B. In the same quarter a year ago, actual revenue was $21.11B, down -1.10% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $21.18B in the next fiscal year. The high estimate is $21.87B and the low estimate is $20.45B. The average revenue growth estimate for next year is up 1.40% from the average revenue estimate for this year.