Philip Morris International (NYSE:PM) Issues Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Philip Morris International (NYSE:PM) posted its quarterly earnings results on Thursday. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.06, Zacks reports. Philip Morris International had a net margin of 9.24% and a negative return on equity of 120.08%. Philip Morris International updated its FY 2025 guidance to 7.040-7.170 EPS and its Q1 2025 guidance to 1.580-1.630 EPS.

Philip Morris International Trading Down 0.6 %

Shares of PM opened at $144.40 on Friday. The stock’s 50-day moving average price is $125.44 and its two-hundred day moving average price is $123.61. The stock has a market cap of $224.51 billion, a P/E ratio of 32.02, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. Philip Morris International has a 1 year low of $87.82 and a 1 year high of $146.78.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were given a dividend of $1.35 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.74%. Philip Morris International’s payout ratio is 119.73%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PM. Stifel Nicolaus upped their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday. Morgan Stanley assumed coverage on shares of Philip Morris International in a report on Thursday, January 16th. They set an “overweight” rating and a $140.00 price target for the company. UBS Group upped their price objective on shares of Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a research note on Friday. JPMorgan Chase & Co. lifted their target price on shares of Philip Morris International from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Finally, Barclays cut their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $134.35.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.