Currently, there are 1.55B common shares owned by the public and among those 1.55B shares have been available to trade.
The company’s stock has a 5-day price change of 4.16% and -2.89% over the past three months. PM shares are trading 7.15% year to date (YTD), with the 12-month market performance up to 41.39% higher. It has a 12-month low price of $87.82 and touched a high of $134.15 over the same period. PM has an average intraday trading volume of 5.11 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.66%, 2.55%, and 12.02% respectively.
Institutional ownership of Philip Morris International Inc (NYSE: PM) shares accounts for 80.25% of the company’s 1.55B shares outstanding.
It has a market capitalization of $200.51B and a beta (3y monthly) value of 0.57. The stock’s trailing 12-month PE ratio is 20.46, while the earnings-per-share (ttm) stands at $6.30. The company has a PEG of 2.38 and a Quick Ratio of 0.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.79% over the week and 1.59% over the month.
Earnings per share for the fiscal year are expected to increase by 8.23%, and 7.69% over the next financial year. EPS should grow at an annualized rate of 8.58% over the next five years, compared to -0.25% over the past 5-year period.
Looking at the support for the PM, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on January 16, 2025, with the firm’s price target at $140. Societe Generale was of a view on February 13, 2024 that the stock is Hold, while UBS gave the stock Sell rating on January 23, 2024, issuing a price target of $105- $86.50. Redburn Atlantic on their part issued Neutral rating on November 16, 2023.
