
Philip Morris International Inc. (PM)
152.00 USD -6.06 (-3.83%) Volume: 28.41M
Philip Morris International Inc.’s stock price stands at 152.00 USD, experiencing a drop of -3.83% in the recent trading session with a volume of 28.41M shares, yet boasting an impressive YTD increase of +26.30%, highlighting its robust performance in the stock market.
Latest developments on Philip Morris International Inc.
Philip Morris International Inc. (PM) has been making headlines with its recent expansion in the U.S. market, including the launch of a new IQOS ILUMA production line. The company’s solid year-to-date gains have also caught the attention of investors, with record third-quarter earnings reported amid a surge in smoke-free products. Despite facing some cautious profit guidance, Philip Morris remains optimistic, surpassing revenue expectations and raising its annual outlook. The stock price movements today reflect a mix of investor disappointment and excitement, as the company continues to push forward with its smoke-free initiatives and strengthen its case for IQOS modified risk status. Overall, Philip Morris International Inc. remains a key player in the tobacco industry, with a focus on innovation and growth in smoke-free products.
Philip Morris International Inc. on Smartkarma
Analysts at Baptista Research on Smartkarma are bullish on Philip Morris International, highlighting the company’s recent strong performance in the smoke-free product segment. In their report titled “Philip Morris International Powers Profits with ZYN and IQOS—How Long Can the Surge Last?”, they point out significant growth trajectories for products like IQOS, ZYN, and VEEV, leading to a robust increase in adjusted diluted earnings per share. Despite notable challenges, the analysts see positive developments contributing to the company’s financial success.
In another report by Baptista Research titled “Philip Morris International: How Important Is The Growth & Capacity Expansion Of ZYN And Its IQOS Innovation For The Future Of The Company?”, analysts emphasize the strong start to the year for Philip Morris International. The company saw double-digit growth in organic net revenue, operating income, and adjusted diluted EPS, driven by the success of its smoke-free business. With ZYN shipment volumes surpassing expectations and IQOS showing growth despite regulatory challenges, analysts are optimistic about the future growth potential of Philip Morris International.
A look at Philip Morris International Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Philip Morris International has a strong outlook for the long term, with high scores in resilience and dividends. The company’s resilience score of 5 indicates that it is well-positioned to weather economic downturns and market fluctuations. Additionally, with a dividend score of 4, investors can expect consistent and reliable returns from the company. While the growth and momentum scores are not as high, the overall outlook for Philip Morris International remains positive.
As a global leader in the tobacco industry, Philip Morris International Inc. focuses on producing, selling, and distributing a wide range of branded cigarettes and tobacco products outside of the United States. With a diverse portfolio of both international and local brands, the company is well-established in markets around the world. Investors can rely on Philip Morris International‘s strong dividend performance and resilience, making it a solid choice for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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