In yesterday’s Wall Street session, Philip Morris International Inc (NYSE:PM) shares traded at $94.27, up 0.34% from the previous session.
PM stock price is now 2.40% away from the 50-day moving average and 0.70% away from the 200-day moving average. The market capitalization of the company currently stands at $146.35B.
, while ‘UBS’ rates the stock as ‘Sell’
In other news, Barth Werner, Pr.Combusibles&GlobalComb.Mktg sold 5,000 shares of the company’s stock on Mar 07 ’24. The stock was sold for $457,300 at an average price of $91.46. Upon completion of the transaction, the Pr.Combusibles&GlobalComb.Mktg now directly owns 102,918 shares in the company, valued at $9.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’24, Vice President and Controller Dobrowolski Reginaldo sold 2,000 shares of the business’s stock. A total of $181,380 was realized by selling the stock at an average price of $90.69. This leaves the insider owning 9,726 shares of the company worth $0.92 million. A total of 0.20% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.23 and a high of $101.92. According to the stock market information, the enterprise value for the company is $191.20B, which is based on a 18.80 price-to-earnings ratio, a 1.85 price-to-earnings-growth ratio, and a beta of 0.63. The fifty day moving average price for PM is $92.03 and a two-hundred day moving average price translates $93.64 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for Dec, 2023. According to the Tobacco Company, earnings per share came in at $1.36, missing analysts’ expectations of $1.45 by -0.09. This compares to $1.61 EPS in the same period last year. The company reported revenue of $9.05 billion for the quarter, compared to $8.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.98 percent. For the current quarter, analysts expect PM to generate $8.46B in revenue.
