Headlines about Philip Morris International (NYSE:PM) have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Philip Morris International earned a coverage optimism score of 1.86 on their scale. InfoTrie also assigned news stories about the company an news buzz score of 4 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have impacted Philip Morris International’s analysis:
- Philip Morris (PM) Stock Moves -0.35%: What You Should Know (finance.yahoo.com)
- Philip Morris International Beats Q3 Estimates, but Q4 May Be Harder (fool.com)
- Joe Camel illustrator: E-cig maker Juul's marketing 'seems more egregious' (finance.yahoo.com)
- Philip Morris International Inc. to Webcast Presentation at the Morgan Stanley Global Consumer & Retail Conference (finance.yahoo.com)
- Philip Morris International (PM) Earns News Impact Score of 0.70 (americanbankingnews.com)
Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Societe Generale set a $95.00 target price on shares of Philip Morris International and gave the stock a “hold” rating in a report on Monday, October 22nd. Citigroup raised their target price on shares of Philip Morris International from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 19th. ValuEngine raised shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Finally, Sanford C. Bernstein assumed coverage on shares of Philip Morris International in a report on Tuesday, October 16th. They set an “outperform” rating and a $97.00 target price on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. Philip Morris International presently has an average rating of “Buy” and an average price target of $98.08.
NYSE:PM traded down $0.30 during mid-day trading on Friday, reaching $89.18. The stock had a trading volume of 5,159,256 shares, compared to its average volume of 6,770,145. The stock has a market capitalization of $138.46 billion, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 2.04 and a beta of 0.58. Philip Morris International has a 12 month low of $76.21 and a 12 month high of $111.25.
Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Thursday, October 18th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.16. The business had revenue of $7.50 billion for the quarter, compared to analysts’ expectations of $7.16 billion. Philip Morris International had a net margin of 8.20% and a negative return on equity of 78.80%. The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the firm posted $1.27 earnings per share. As a group, sell-side analysts predict that Philip Morris International will post 5.01 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Wednesday, September 26th were paid a $1.14 dividend. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $4.56 dividend on an annualized basis and a yield of 5.11%. Philip Morris International’s dividend payout ratio (DPR) is 92.49%.
Philip Morris International Company Profile
Philip Morris International Inc, through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, Philip Morris, Merit, Virginia S., Muratti, and Next.
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