Philip Morris International (NYSE:PM – Get Free Report) updated its FY26 earnings guidance on Wednesday. The company provided EPS guidance of $7.26-7.39 for the period, compared to the consensus EPS estimate of $7.79.
Philip Morris International Price Performance
Shares of Philip Morris International stock traded up $0.41 during trading on Wednesday, hitting $149.21. 3,954,895 shares of the company were exchanged, compared to its average volume of 5,528,442. The firm’s fifty day moving average price is $128.31 and its 200 day moving average price is $125.73. Philip Morris International has a 1-year low of $87.82 and a 1-year high of $151.22. The firm has a market capitalization of $232.00 billion, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 2.63 and a beta of 0.55.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.06. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. As a group, equities research analysts anticipate that Philip Morris International will post 7.13 earnings per share for the current year.
Philip Morris International Announces Dividend
Analysts Set New Price Targets
A number of brokerages recently commented on PM. JPMorgan Chase & Co. raised their price objective on shares of Philip Morris International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday. StockNews.com downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Barclays reduced their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. UBS Group lifted their target price on Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a research report on Friday, February 7th. Finally, Stifel Nicolaus upped their price target on Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $141.22.
Get Our Latest Research Report on PM
Insider Transactions at Philip Morris International
In related news, VP Reginaldo Dobrowolski sold 5,000 shares of Philip Morris International stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total transaction of $749,400.00. Following the completion of the sale, the vice president now owns 20,799 shares of the company’s stock, valued at approximately $3,117,354.12. The trade was a 19.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.14% of the stock is currently owned by corporate insiders.
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.
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