Philip Morris International, Inc. shows a beta of 0.96 with its weekly and monthly volatility valued at 1.92% and 1.14% respectively. The corporation holds a 20-day simple moving average of -0.53% with a volume of -0.53%.
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Out of 11 analysts covering Philip Morris International Inc. (NYSE:PM) shares ended at $98.62 with 4.13 mln shares exchanging hands. Earnings per share (EPS) is 4.19, and this is looking to grow in the next year to 9.50% after growing -7.20% this past year. Its premium price brands include Marlboro Merit Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield and worldwide brands include Bond Street Lark Muratti Next Philip Morris and Red & White. During much of 2014 and 2015, Philip Morris had to deal with currency impacts that took away between $0.20 and $0.37 per share from its quarterly earnings. The stock is performing -1.61% year to date.
For this year, Philip Morris International, Inc. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of US and global copyright law.
Since becoming a public company in 2008, PMI has increased its annual dividend nine consecutive times, representing a total increase of 126.1% or a compound annual growth rate of 10.7%. (PM) sold shares in a trading activity completed on Tuesday April 26, 2016. They issued a “neutral” rating and a $106.00 price target for the company. Marlboro is Philip Morris most recognized brand. JPMorgan Chase & Co. upgraded Philip Morris International from a “neutral” rating to an “overweight” rating and set a $112.00 price target on the stock in a report on Friday, June 17th.
Receive Philip Morris International Inc News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Philip Morris International Inc with MarketBeat.com’s FREE daily email newsletter. Finally, Zacks Investment Research upgraded Philip Morris International from a “hold” rating to a “buy” rating and set a $113.00 price target on the stock in a report on Monday, May 16th.
Large investors have recently made changes to their positions in the stock.
Taking the valuation part to reach the estimation of Philip Morris International Inc, investors apply price-to-earnings ratio, which is shortened as P/E ratio.
In July, while announcing the second-quarter earnings, Philip Morris revised its yearly profit forecast up by 10% to 12% for 2016 when compared to the past year. Finally, FNY Managed Accounts LLC raised its stake in shares of Philip Morris International by 257.1% in the second quarter.
Dividend investors always like it when a stock they own decides to increase its quarterly payout, and some companies are predictable in when they’ll typically announce dividend hikes.
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Philip Morris International Inc is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Another $0.02 per share increase would put Philip Morris’ payout ratio at between 91% and 93% based on forward earnings projections, and the company might feel more comfortable with that conservative approach.
