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NYSE:PM

Philip Morris International (PM) Stock Price, News & Analysis

$125.87
+0.25 (+0.20%)
(As of 03:10 PM ET)
Today's Range
$125.34
$126.99
50-Day Range
$101.67
$127.45
52-Week Range
$87.23
$128.22
Volume
3.11 million shs
Average Volume
5.29 million shs
Market Capitalization
$195.67 billion
P/E Ratio
24.58
Dividend Yield
4.13%
Price Target
$117.05

Philip Morris International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
6.8% Downside
$117.05 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.92mentions of Philip Morris International in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$3.30 M Sold Last Quarter
Proj. Earnings Growth
9.92%
From $6.45 to $7.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.12 out of 5 stars

Consumer Staples Sector

26th out of 133 stocks

Cigarettes Industry

1st out of 5 stocks

PM stock logo

About Philip Morris International Stock (NYSE:PM)

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

PM Stock Price History

PM Stock News Headlines

Philip Morris Just Hiked Its Dividend, But It's Not Enough
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Philip Morris International (NYSE:PM) PT Raised to $145.00
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Philip Morris: Strong Cash Flow At A Lower Valuation
See More Headlines
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Company Calendar

Ex-Dividend for 7/8 Dividend
6/21/2024
Dividend Payable
7/08/2024
Last Earnings
7/23/2024
Today
9/16/2024
Ex-Dividend for 10/10 Dividend
9/26/2024
Dividend Payable
10/10/2024
Next Earnings (Confirmed)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
82,700
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$117.05
High Stock Price Target
$145.00
Low Stock Price Target
$87.50
Potential Upside/Downside
-7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$7.81 billion
Pretax Margin
12.34%

Debt

Sales & Book Value

Annual Sales
$36.45 billion
Cash Flow
$7.41 per share
Book Value
($6.08) per share

Miscellaneous

Outstanding Shares
1,554,557,000
Free Float
1,552,536,000
Market Cap
$195.86 billion
Optionable
Optionable
Beta
0.55

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Key Executives

  • Mr. Jacek OlczakMr. Jacek Olczak (Age 59)
    CEO & Director
    Comp: $6.2M
  • Mr. Emmanuel Babeau (Age 57)
    Chief Financial Officer
    Comp: $3.53M
  • Mr. Frederic de Wilde (Age 57)
    President of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
    Comp: $3.33M
  • Ms. Stacey KennedyMs. Stacey Kennedy (Age 51)
    President of Americas Region & CEO of US Business
    Comp: $4.43M
  • Mr. Stefano Volpetti (Age 52)
    President of Smoke-Free Inhalable Products & Chief Consumer Officer
    Comp: $2.57M
  • Mr. Scott Coutts
    Senior Vice President of Operations
  • Mr. Frank De Rooij (Age 58)
    Vice President of Treasury & Corporate Finance
  • Mr. Michael Voegele (Age 51)
    Chief Digital & Information Officer
  • Mr. James R. Bushnell
    Vice President of Investor Relations & Financial Communications
  • Mr. Yann Guerin (Age 47)
    Senior VP & General Counsel

Should I Buy Philip Morris International Stock? PM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Philip Morris International Inc.:

  • Philip Morris International Inc. stock price has been steadily increasing, reaching $126.75 on Tuesday, which indicates positive momentum in the market.
  • Analysts have raised the price target for Philip Morris International Inc., with a consensus rating of "Moderate Buy" and a consensus price target of $117.05, suggesting potential for growth.
  • Recent insider trading activities show that corporate insiders are selling shares, which could indicate confidence in the company's future performance.
  • Philip Morris International Inc. reported strong quarterly earnings data, beating EPS estimates and showing revenue growth, which could attract investor interest.
  • Positive analyst ratings, including upgrades to "buy" and "overweight," indicate favorable market sentiment towards Philip Morris International Inc.

Cons

Investors should be bearish about investing in Philip Morris International Inc. for these reasons:

  • Philip Morris International Inc. has a negative return on equity of 113.32%, which may raise concerns about the company's financial health and profitability.
  • The stock's price-to-earnings ratio of 24.65 and price-to-earnings growth ratio of 2.45 may indicate that the stock is overvalued, potentially leading to limited upside for investors.
  • While revenue has shown growth, the net margin of 9.41% may be considered low compared to industry peers, impacting the company's overall profitability.
  • The beta of 0.55 suggests that Philip Morris International Inc. stock is less volatile than the market average, which could limit potential returns for investors seeking higher risk-reward opportunities.
  • Despite positive analyst ratings, one analyst has rated the stock as a sell, indicating differing opinions on the company's future performance and potential risks involved.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these Philip Morris International pros and cons to contact@marketbeat.com.

PM Stock Analysis - Frequently Asked Questions

How have PM shares performed this year?

Philip Morris International's stock was trading at $94.08 at the beginning of 2024. Since then, PM stock has increased by 33.5% and is now trading at $125.59.
View the best growth stocks for 2024 here
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings results on Tuesday, July, 23rd. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. The company's quarterly revenue was up 5.6% compared to the same quarter last year.
Read the conference call transcript
.

Does Philip Morris International have any subsidiaries?

Philip Morris International subsidiaries include these companies: Productora Tabacalera de Colombia, Swedish Match (South Africa), Rothmans LLP, Lakson Tobacco Company Limited (Philip Morris International), Rocker Producuction AB, Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, and others.

Who are Philip Morris International's major shareholders?

Top institutional shareholders of Philip Morris International include Bank of New York Mellon Corp (0.85%), First Eagle Investment Management LLC (0.69%), Legal & General Group Plc (0.67%) and Ninety One UK Ltd (0.61%). Insiders that own company stock include Andre Calantzopoulos, Wilde Frederic De, Werner Barth, Massimo Andolina, Stacey Kennedy and Reginaldo Dobrowolski.
View institutional ownership trends
.

How do I buy shares of Philip Morris International?

Shares of PM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Philip Morris International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Philip Morris International investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

This page (NYSE:PM) was last updated on 9/16/2024 by MarketBeat.com Staff

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