Market Resilience: Philip Morris International Inc (PM) Finishes Strong at 102.76, Up 1.07

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Philip Morris International Inc (NYSE: PM) closed the day trading at $102.76 up 1.07% from the previous closing price of $101.67. In other words, the price has increased by $1.07 from its previous closing price. On the day, 3.07 million shares were traded. PM stock price reached its highest trading level at $102.92 during the session, while it also had its lowest trading level at $101.68.

Ratios:

For a better understanding of PM, 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 38.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.87. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.94.

UBS Downgraded its Buy to Sell on January 23, 2024, whereas the target price for the stock was revised from $105 to $86.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 25 ’24 when De Wilde Frederic sold 20,000 shares for $96.42 per share. The transaction valued at 1,928,400 led to the insider holds 178,447 shares of the business.

Andolina Massimo sold 8,250 shares of PM for $772,448 on Mar 15 ’24. The President, Europe Region now owns 94,629 shares after completing the transaction at $93.63 per share. On Mar 07 ’24, another insider, Barth Werner, who serves as the Pr.Combusibles&GlobalComb.Mktg of the company, sold 5,000 shares for $91.46 each. As a result, the insider received 457,300 and left with 102,918 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PM now has a Market Capitalization of 159746588672 and an Enterprise Value of 207982280704. As of this moment, Philip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.10, and their Forward P/E ratio for the next fiscal year is 14.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47. Its current Enterprise Value per Revenue stands at 5.786 whereas that against EBITDA is 14.83.

Stock Price History:

The Beta on a monthly basis for PM is 0.60, which has changed by 0.022589326 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, PM has reached a high of $104.90, while it has fallen to a 52-week low of $87.23. The 50-Day Moving Average of the stock is 2.22%, while the 200-Day Moving Average is calculated to be 9.02%.

Shares Statistics:

Over the past 3-months, PM traded about 5.43M shares per day on average, while over the past 10 days, PM traded about 4141380 shares per day. A total of 1.55B shares are outstanding, with a floating share count of 1.55B. Insiders hold about 0.17% of the company’s shares, while institutions hold 78.80% stake in the company. Shares short for PM as of 1718323200 were 9214011 with a Short Ratio of 1.70, compared to 1715731200 on 10504499. Therefore, it implies a Short% of Shares Outstanding of 9214011 and a Short% of Float of 0.58999998.

Dividends & Splits

PM’s forward annual dividend rate is 5.20, up from 5.17 a year ago. Against a Trailing Annual Dividend Yield of 0.050850794The stock’s 5-year Average Dividend Yield is 5.47.

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