Philip Morris International Inc (NYSE:PM) shares traded 1.19% higher at $164.11 on Wall Street last session.
PM stock price is now 6.57% away from the 50-day moving average and 25.96% away from the 200-day moving average. The market capitalization of the company currently stands at $255.44B.
On January 16, 2025, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $140, while ‘Argus’ rates the stock as ‘Hold’
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 $4.4 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 0.18% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $92.94 and a high of $165.00. According to the stock market information, the enterprise value for the company is $299183603712, which is based on a 36.30 price-to-earnings ratio, a 3.77 price-to-earnings-growth ratio, and a beta of 0.50. The fifty day moving average price for PM is $153.9972 and a two-hundred day moving average price translates $130.2825 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-12-31. The company reported revenue of $9.71 billion for the quarter, compared to $9.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.28 percent.
