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

Company Overview

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.

Key Stats

• Today's Range: $129.83 to $131.81
• 50-Day Range: $118.35 to $132.79
• 52-Week Range: $87.82 to $134.15
• Volume: 4.11 million shs
• Average Volume: 5.66 million shs
• Market Capitalization: $202.11 billion
• P/E Ratio: 20.63
• Dividend Yield: 4.15%
• Price Target: $131.50
• Consensus Rating: Moderate Buy

Philip Morris International Stock Analysis - MarketRank™

Philip Morris International scored higher than 87% of companies evaluated by MarketBeat, and ranked 30th out of 142 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Philip Morris International has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 7 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Philip Morris International has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.14%

Earnings Growth

Earnings for Philip Morris International are expected to grow by 10.14% in the coming year, from $6.51 to $7.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Philip Morris International is 20.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Philip Morris International is 20.63, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.34.

Price to Earnings Growth Ratio

Philip Morris International has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.65% of the float of Philip Morris International has been sold short.

Short Interest Ratio / Days to Cover

Philip Morris International has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Philip Morris International has recently increased by 21.75%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Philip Morris International is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Philip Morris International has been increasing its dividend for 17 years.

Dividend Coverage

The dividend payout ratio of Philip Morris International is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 75.31% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -4.58

Percentage of Shares Shorted

0.65% of the float of Philip Morris International has been sold short.

Short Interest Ratio / Days to Cover

Philip Morris International has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Philip Morris International has recently increased by 21.75%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.41

News Sentiment

Philip Morris International has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 36 news articles for Philip Morris International this week, compared to 16 articles on an average week.

Search Interest

Only 39 people have searched for PM on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.

MarketBeat Follows

Only 24 people have added Philip Morris International to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Philip Morris International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,208,902.00 in company stock.

Percentage Held by Insiders

Only 0.13% of the stock of Philip Morris International is held by insiders.

Percentage Held by Institutions

78.63% of the stock of Philip Morris International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 start of the year. Since then, PM shares have increased by 38.2% and is now trading at $129.99.
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 earnings results on Tuesday, October, 22nd. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.09. The firm's revenue was up 8.4% on a year-over-year basis.
Read the conference call transcript.

Does Philip Morris International have any subsidiaries?

The following companies are subsidiaries of Philip Morris International: 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?

Philip Morris International's top institutional investors include State Street Corp (3.52%), Geode Capital Management LLC (2.06%), FMR LLC (1.49%) and Wellington Management Group LLP (1.08%). 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 Cisco Systems (CSCO), Home Depot (HD), Chevron (CVX), Altria Group (MO), Meta Platforms (META), Bristol-Myers Squibb (BMY) and AT&T (T).

Company Calendar

• Ex-Dividend for 10/10 Dividend: 9/26/2024
• Dividend Payable: 10/10/2024
• Last Earnings: 10/22/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Cigarettes
• Sub-Industry: Tobacco
• Current Symbol: NYSE:PM
• CUSIP: 71817210
• CIK: 1413329
• Web: www.pmi.com
• Phone: (203) 905-2410
• Fax: N/A
• Employees: 82,700
• Year Founded: 2008

Price Target and Rating

• Average Stock Price Target: $131.50
• High Stock Price Target: $155.00
• Low Stock Price Target: $87.50
• Potential Upside/Downside: +1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.30
• Trailing P/E Ratio: 20.63
• Forward P/E Ratio: 19.97
• P/E Growth: 2.3
• Net Income: $7.81 billion
• Net Margins: 10.35%
• Pretax Margin: 12.52%
• Return on Equity: -117.94%
• Return on Assets: 15.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.89
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: $84.58 billion
• Price / Sales: 2.39
• Cash Flow: $7.29 per share
• Price / Cash Flow: 17.82
• Book Value: ($4.96) per share
• Price / Book: -26.21

Miscellaneous

• Outstanding Shares: 1,554,830,000
• Free Float: 1,552,812,000
• Market Cap: $202.11 billion
• Optionable: Optionable
• Beta: 0.54