Stock Market Recap: Altria Group Inc. (MO) Concludes at 46.93, a 0.49 Surge/Decline

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After finishing at $46.70 in the prior trading day, Altria Group Inc. (NYSE: MO) closed at $46.93, up 0.49%. In other words, the price has increased by $0.49 from its previous closing price. On the day, 9.55 million shares were traded. MO stock price reached its highest trading level at $47.21 during the session, while it also had its lowest trading level at $46.54.

Ratios:

Our goal is to gain a better understanding of MO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.48.

UBS Downgraded its Neutral to Sell on November 10, 2022, while the target price for the stock was maintained at $38.

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 May 02 ’24 when Whitaker Charles N. sold 22,487 shares for $43.95 per share. The transaction valued at 988,360 led to the insider holds 173,485 shares of the business.

Davis Robert Matthews bought 1,200 shares of MO for $48,599 on Nov 06 ’23. The Director now owns 8,473 shares after completing the transaction at $40.50 per share. On Nov 06 ’23, another insider, Clarke Ian L.T., who serves as the Director of the company, bought 1,100 shares for $40.57 each. As a result, the insider paid 44,625 and bolstered with 7,145 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, MO now has a Market Capitalization of 80608370688 and an Enterprise Value of 102092210176. As of this moment, Altria’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.83, and their Forward P/E ratio for the next fiscal year is 8.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.94. Its current Enterprise Value per Revenue stands at 4.991 whereas that against EBITDA is 8.296.

Stock Price History:

The Beta on a monthly basis for MO is 0.69, which has changed by 0.029618263 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, MO has reached a high of $47.19, while it has fallen to a 52-week low of $39.06. The 50-Day Moving Average of the stock is 3.18%, while the 200-Day Moving Average is calculated to be 10.40%.

Shares Statistics:

The stock has traded on average 10.20M shares per day over the past 3-months and 7565700 shares per day over the last 10 days, according to various share statistics. A total of 1.76B shares are outstanding, with a floating share count of 1.72B. Insiders hold about 0.14% of the company’s shares, while institutions hold 61.87% stake in the company. Shares short for MO as of 1718323200 were 31190253 with a Short Ratio of 3.06, compared to 1715731200 on 35042610. Therefore, it implies a Short% of Shares Outstanding of 31190253 and a Short% of Float of 1.82.

Dividends & Splits

In the trailing 12 months, MO’s forward annual dividend rate was 3.88, compared to 3.92 this year. Against a Trailing Annual Dividend Yield of 0.08308351The stock’s 5-year Average Dividend Yield is 7.98. The current Payout Ratio is 84.11% for MO, which recently paid a dividend on 2024-06-14 with an ex-dividend date of 1718323200. Stock splits for the company last occurred on 1997-04-11 when the company split stock in a 3:1 ratio.

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