Philip Morris International Inc (NYSE: PM) is 37.69% higher on its value in year-to-date trading and has touched a low of $87.82 and a high of $134.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PM stock was last observed hovering at around $131.72 in the last trading session, with the day’s loss setting it -2.18%.
Currently trading at $129.54, the stock is 0.34% and 4.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.47 million and changing -1.66% at the moment leaves the stock 20.57% off its SMA200. PM registered 40.88% gain for a year compared to 6-month gain of 29.24%. The firm has a 50-day simple moving average (SMA 50) of $124.3872 and a 200-day simple moving average (SMA200) of $107.2506.
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The stock witnessed a 8.89% loss in the last 1 month and extending the period to 3 months gives it a 7.95%, and is 4.28% up 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 2.27% over the week and 2.39% over the month.
Philip Morris International Inc (PM) has around 82700 employees, a market worth around $201.41B and $37.00B in sales. Current P/E ratio is 20.55 and Fwd P/E is 18.19. Profit margin for the company is 26.50%. Distance from 52-week low is 47.51% and -3.44% from its 52-week high. The company has generated returns on investments over the last 12 months (28.38%).
with sales reaching $9.54B over the same period.The EPS is expected to grow by 7.84% this year, but quarterly earnings will post 7.17% year-over-year. Quarterly sales are estimated to grow 5.41% in year-over-year returns.
Philip Morris International Inc (PM) Top Institutional Holders
2796.0 institutions hold shares in Philip Morris International Inc (PM), with institutional investors hold 80.54% of the company’s shares. The shares outstanding are 1.55B, and float is at 1.55B with Short Float at 0.65%. Institutions hold 80.44% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 137.2 million shares valued at $13.9 billion. The investor’s holdings represent 8.8345% of the PM Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 115.57 million shares valued at $11.71 billion to account for 7.442 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 98.98 million shares representing 6.3733% and valued at over $10.03 billion, while CAPITAL INTERNATIONAL INVESTORS holds 6.2061 of the shares totaling 96.38 million with a market value of $9.77 billion.
Philip Morris International Inc (PM) Insider Activity
The most recent transaction is an insider sale by Volpetti Stefano, the company’s Pr.SmokeFree&ChiefCons.Officer. SEC filings show that Volpetti Stefano sold 10,000 shares of the company’s common stock on Oct 31 ’24 at a price of $132.48 per share for a total of $1.32 million. Following the sale, the insider now owns 91780.0 shares.
Still, SEC filings show that on Oct 23 ’24, Calantzopoulos Andre (Chairman) disposed off 101,918 shares at an average price of $129.85 for $13.23 million. The insider now directly holds 959,761 shares of Philip Morris International Inc (PM).
