Philip Morris International Inc (NYSE: PM) is -1.56% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PM stock was last observed hovering at around $117.55 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $118.47, the stock is -2.91% and -6.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.94 million and changing 0.78% at the moment leaves the stock 4.28% off its SMA200. PM registered 24.51% gain for a year compared to 6-month gain of 12.75%. The firm has a 50-day simple moving average (SMA 50) of $126.6562 and a 200-day simple moving average (SMA200) of $113.47845.
The stock witnessed a -6.58% loss in the last 1 month and extending the period to 3 months gives it a -1.36%, and is -2.09% 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 1.66% over the week and 1.43% over the month.
Philip Morris International Inc (PM) has around 82700 employees, a market worth around $184.20B and $37.00B in sales. Current P/E ratio is 18.79 and Fwd P/E is 16.77. Profit margin for the company is 26.50%. Distance from 52-week low is 34.90% and -11.69% from its 52-week high. The company has generated returns on investments over the last 12 months (28.38%).
with sales reaching $9.47B over the same period.The EPS is expected to grow by 8.29% this year, but quarterly earnings will post 7.07% year-over-year. Quarterly sales are estimated to grow 4.65% in year-over-year returns.
Philip Morris International Inc (PM) Top Institutional Holders
2793.0 institutions hold shares in Philip Morris International Inc (PM), with institutional investors hold 80.60% of the company’s shares. The shares outstanding are 1.55B, and float is at 1.55B with Short Float at 0.59%. Institutions hold 80.51% 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).
