After finishing at $90.88 in the prior trading day, Philip Morris International Inc (NYSE: PM) closed at $91.15, up 0.30%. In other words, the price has increased by $+0.27 from its previous closing price. On the day, 8019193 shares were traded.
Ratios:
Our goal is to gain a better understanding of PM 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 44.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.75.
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 Mar 15 ’24 when Andolina Massimo sold 8,250 shares for $93.63 per share. The transaction valued at 772,448 led to the insider holds 94,629 shares of the business.
Barth Werner sold 5,000 shares of PM for $457,300 on Mar 07 ’24. The Pr.Combusibles&GlobalComb.Mktg now owns 102,918 shares after completing the transaction at $91.46 per share. On Mar 05 ’24, another insider, Dobrowolski Reginaldo, who serves as the Vice President and Controller of the company, sold 2,000 shares for $90.69 each. As a result, the insider received 181,380 and left with 9,726 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 141.09B and an Enterprise Value of 185.94B. As of this moment, Philip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.18, and their Forward P/E ratio for the next fiscal year is 12.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.05. Its current Enterprise Value per Revenue stands at 5.29 whereas that against EBITDA is 13.90.
Stock Price History:
Over the past 52 weeks, PM has reached a high of $101.92, while it has fallen to a 52-week low of $87.23. The 50-Day Moving Average of the stock is 91.83, while the 200-Day Moving Average is calculated to be 93.70.
Shares Statistics:
The stock has traded on average 5.14M shares per day over the past 3-months and 7.05M shares per day over the last 10 days, according to various share statistics. A total of 1.55B shares are outstanding, with a floating share count of 1.55B. Insiders hold about 0.20% of the company’s shares, while institutions hold 79.36% stake in the company. Shares short for PM as of Feb 29, 2024 were 7.07M with a Short Ratio of 1.38, compared to 6.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.46% and a Short% of Float of 0.46%.
Dividends & Splits
In the trailing 12 months, PM’s forward annual dividend rate was 5.14, compared to 5.17 this year. Against a Trailing Annual Dividend Yield of 5.66%, it implies a Forward Annual Dividend Yield of 5.70%. The stock’s 5-year Average Dividend Yield is 5.48.
Earnings Estimates
Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $1.41 for the current quarter, with a high estimate of $1.46 and a low estimate of $1.38, while EPS last year was $1.23. The consensus estimate for the next quarter is $1.64, with high estimates of $1.72 and low estimates of $1.55.
Analysts are recommending an EPS of between $6.49 and $6.32 for the fiscal current year, implying an average EPS of $6.4. EPS for the following year is $7.03, with 14 analysts recommending between $7.34 and $6.8.
Revenue Estimates
8 analysts predict $8.46B in revenue for the current quarter. It ranges from a high estimate of $8.65B to a low estimate of $8.21B. As of the current estimate, Philip Morris International Inc’s year-ago sales were $8.11B, an estimated increase of 4.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $9.35B, an increase of 8.10% over than the figure of $4.30% in the same quarter last year. There is a high estimate of $9.52B for the next quarter, whereas the lowest estimate is $9.23B.
A total of 14 analysts have provided revenue estimates for PM’s current fiscal year. The highest revenue estimate was $37.67B, while the lowest revenue estimate was $36.45B, resulting in an average revenue estimate of $37.19B. In the same quarter a year ago, actual revenue was $35.25B, up 5.50% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $39.58B in the next fiscal year. The high estimate is $40.92B and the low estimate is $37.96B. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.
