Altria Group Inc (NYSE: MO) is -0.38% lower on its value in year-to-date trading and has touched a low of $39.25 and a high of $58.03 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 $53.14 in the last trading session, with the day’s loss setting it -1.05%.
Currently trading at $52.09, the stock is -3.21% and -4.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.24 million and changing -1.98% at the moment leaves the stock 5.68% off its SMA200. MO registered 25.46% gain for a year compared to 6-month gain of 13.19%. The firm has a 50-day simple moving average (SMA 50) of $54.3142 and a 200-day simple moving average (SMA200) of $49.25545.
The stock witnessed a -7.72% loss in the last 1 month and extending the period to 3 months gives it a 3.97%, and is -0.55% 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 1.39% over the week and 1.55% over the month.
Altria Group Inc (MO) has around 6400 employees, a market worth around $89.34B and $20.36B in sales. Current P/E ratio is 8.80 and Fwd P/E is 9.72. Profit margin for the company is 50.39%. Distance from 52-week low is 32.71% and -10.24% from its 52-week high. The company has generated returns on investments over the last 12 months (51.04%).
The EPS is expected to grow by 3.65% this year.
Altria Group Inc (MO) Top Institutional Holders
2376.0 institutions hold shares in Altria Group Inc (MO), with institutional investors hold 61.02% of the company’s shares. The shares outstanding are 1.70B, and float is at 1.69B with Short Float at 1.67%. Institutions hold 60.95% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 156.12 million shares valued at $7.11 billion. The investor’s holdings represent 8.8805% of the MO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 125.5 million shares valued at $$5.72 billion to account for 7.1386 of the shares outstanding. The other top investors are STATE STREET CORP which holds 69.57 million shares representing 3.9574% and valued at over $3.24 billion, while CAPITAL WORLD INVESTORS holds 3.8039 of the shares totaling 66.87 million with a market value of $3.05 billion.
Altria Group Inc (MO) Insider Activity
The most recent transaction is an insider sale by Whitaker Charles N.,the company’sSr. VP, Chief HR Off. & CCO. SEC filings show that Whitaker Charles N. sold 22,487 shares of the company’s common stock on May 02 ’24 at a price of $43.95 per share for a total of $0.99 million. Following the sale, the insider now owns 0.17 million shares.
