The price of Altria Group Inc (NYSE:MO) shares last traded on Wall Street rose 1.49% to $55.25.
MO stock price is now 7.24% away from the 50-day moving average and 17.78% away from the 200-day moving average. The market capitalization of the company currently stands at $93.64B.
With the price target enhanced from $44.50 to $48, Citigroup maintained Neutral rating for Altria Group Inc (NYSE: MO). , while ‘Stifel’ rates the stock as ‘Buy’
In other news, Whitaker Charles N., Sr. VP, Chief HR Off. & CCO sold 22,487 shares of the company’s stock on May 02 ’24. The stock was sold for $988,360 at an average price of $43.95. Upon completion of the transaction, the Sr. VP, Chief HR Off. & CCO now directly owns 173,485 shares in the company, valued at $9.59 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Altria Group Inc has had a low of $39.25 and a high of $55.05. According to the stock market information, the enterprise value for the company is $116946419712, which is based on a 9.33 price-to-earnings ratio, a 2.24 price-to-earnings-growth ratio, and a beta of 0.65. The fifty day moving average price for MO is $51.5216 and a two-hundred day moving average price translates $46.90885 for the stock.
The latest earnings results from Altria Group Inc (NYSE: MO) was released for 2024-09-30. The company reported revenue of $6.26 billion for the quarter, compared to $6.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.35 percent.
