Philip Morris International (NYSE:PM) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Philip Morris International (NYSE:PM - Get Free Report) issued its earnings results on Thursday. The company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.06, Zacks reports. Philip Morris International had a net margin of 9.24% and a negative return on equity of 120.08%. Philip Morris International updated its FY 2025 guidance to 7.040-7.170 EPS and its Q1 2025 guidance to 1.580-1.630 EPS.

Philip Morris International Trading Down 0.6 %

Shares of PM stock traded down $0.92 during trading hours on Friday, reaching $144.40. 7,207,465 shares of the company's stock were exchanged, compared to its average volume of 5,552,923. Philip Morris International has a 1 year low of $87.82 and a 1 year high of $146.78. The stock has a market cap of $224.51 billion, a PE ratio of 32.02, a PEG ratio of 2.55 and a beta of 0.55. The stock's fifty day moving average price is $125.66 and its two-hundred day moving average price is $123.97.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 26th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International's dividend payout ratio (DPR) is presently 119.73%.

Analysts Set New Price Targets

PM has been the subject of several research reports. UBS Group upped their target price on Philip Morris International from $105.00 to $120.00 and gave the stock a "sell" rating in a report on Friday. JPMorgan Chase & Co. upped their price target on shares of Philip Morris International from $125.00 to $145.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 23rd. Barclays lowered their target price on Philip Morris International from $155.00 to $145.00 and set an "overweight" rating for the company in a report on Wednesday, January 8th. Stifel Nicolaus lifted their price target on Philip Morris International from $145.00 to $160.00 and gave the company a "buy" rating in a report on Friday. Finally, Morgan Stanley initiated coverage on Philip Morris International in a research note on Thursday, January 16th. They set an "overweight" rating and a $140.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $134.35.

Philip Morris International Company Profile

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.