Stocks of Philip Morris International Inc (NYSE:PM) traded higher last session on Wall Street, up 1.29% to $149.89.
PM stock price is now 17.58% away from the 50-day moving average and 27.45% away from the 200-day moving average. The market capitalization of the company currently stands at $233.06B.
With the price target of $140, Morgan Stanley recently initiated with Overweight rating for Philip Morris International Inc (NYSE: PM). , while ‘Societe Generale’ rates the stock as ‘Hold’
In other news, CRISTINA OKA DOBROWOLSKI, Member of immediate family of bought 3,000 shares of the company’s stock on Feb 12 ’25. The stock was bought for $448,230 at an average price of $149.41. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 12 ’25, Officer REGINALDO DOBROWOLSKI bought 5,000 shares of the business’s stock. A total of $749,400 was incurred on buying the stock at an average price of $149.88. A total of 0.44% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.82 and a high of $148.53. According to the stock market information, the enterprise value for the company is $250646085632, which is based on a 33.15 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 0.59. The fifty day moving average price for PM is $127.1156 and a two-hundred day moving average price translates $117.3377 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-09-30. The company reported revenue of $9.91 billion for the quarter, compared to $9.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.42 percent.
