Stocks of Philip Morris International Inc (NYSE:PM) traded higher last session on Wall Street, up 3.12% to $169.14.
PM stock price is now 5.79% away from the 50-day moving average and 24.74% away from the 200-day moving average. The market capitalization of the company currently stands at $263.27B.
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With the price target maintained at $170, UBS recently Upgraded its rating from Sell to Neutral for Philip Morris International Inc (NYSE: PM). , while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Dahlgren Lars, Pres. Smoke-Free Oral Products sold 3,679 shares of the company’s stock on Mar 06 ’25. The stock was sold for $562,740 at an average price of $152.96. Upon completion of the transaction, the Pres. Smoke-Free Oral Products now directly owns 26,828 shares in the company, valued at $4.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’25, Officer LARS DAHLGREN bought 3,679 shares of the business’s stock. A total of $562,739 was incurred on buying the stock at an average price of $152.96. A total of 0.88% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $98.93 and a high of $176.49.
The company reported revenue of $9.3 billion for the quarter, compared to $8.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.78 percent. For the current quarter, analysts expect PM to generate $10.34B in revenue.
