Altria Group Inc. (NYSE: MO) is -1.97% lower on its value in year-to-date trading and has touched a low of $40.35 and a high of $57.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MO stock was last observed hovering at around $44.94 in the last trading session, with the day’s loss setting it -0.13% off its average median price target of $49.00 for the next 12 months. It is also 34.1% off the consensus price target high of $68.00 offered by 19 analysts, but current levels are -21.11% lower than the price target low of $37.00 for the same period.
Currently trading at $44.81, the stock is -1.70% and -1.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.56 million and changing -0.29% at the moment leaves the stock -4.05% off its SMA200. MO registered -10.97% loss for a year compared to 6-month gain of 3.99%.
The stock witnessed a -3.51% loss in the last 1 month and extending the period to 3 months gives it a 2.87%, and is -1.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.18% over the week and 1.57% over the month.
Altria Group Inc. (MO) has around 6000 employees, a market worth around $79.59B and $25.24B in sales. Current P/E ratio is 17.41 and Fwd P/E is 8.88. Profit margin for the company is 18.60%. Distance from 52-week low is 11.05% and -21.45% from its 52-week high. The company has generated returns on investments over the last 12 months (35.60%).
Altria Group Inc. (MO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Altria Group Inc. (MO) is a “Hold”. 19 analysts offering their recommendations for the stock have an average rating of 2.70, where 11 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Altria Group Inc. is expected to release its quarterly report on 04/27/2023.The EPS is expected to shrink by -44.60% this year.
Altria Group Inc. (MO) Top Institutional Holders
The shares outstanding are 1.80B, and float is at 1.79B with Short Float at 0.93%.
Altria Group Inc. (MO) Insider Activity
A total of 2 insider transactions have happened at Altria Group Inc. (MO) in the last six months, with sales accounting for 1 and purchases happening 1 times.
Altria Group Inc. (MO): Who are the competitors?
The company’s main competitors (and peers) include Philip Morris International Inc. (PM) that is trading -0.85% down over the past 12 months.