Philip Morris International Inc (NYSE: PM) Stocks Rise 52.45% YTD; What Next For It?

Philip Morris International Inc (NYSE:PM)’s traded shares stood at 1.39 million during the latest session, with the company’s beta value hitting 0.54. At the last check today, the stock’s price was $183.47, to imply an increase of 0.05% or $0.1 in intraday trading. The PM share’s 52-week high remains $183.94, putting it -0.26% down since that peak but still an impressive 46.08% since price per share fell to its 52-week low of $98.93.

Analysts have given a consensus recommendation of Buy for Philip Morris International Inc (PM), translating to a mean rating of 2.00. Of 15 analyst(s) looking at the stock, 1 analyst(s) give PM a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 12 recommend it as a Buy.

Philip Morris International Inc (NYSE:PM) trade information

After registering a 0.05% upside in the latest session, Philip Morris International Inc (PM) has traded red over the past five days. The 5-day price performance for the stock is 0.83%, and 11.99% over 30 days. With these gigs, the year-to-date price performance is 52.45%.

The extremes give us $107 and $155 for target low and target high price respectively. As such, PM has been trading 15.52% off suggested target high and 41.68% from its likely low.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.38% for the past 5-year period. While 2025 is set for a 13.64% return in earnings, projections for the next 5 years are at 11.26% annually.

PM Dividends

Philip Morris International Inc has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Philip Morris International Inc has a forward dividend ratio of 5.35, with the share yield ticking at 2.92% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is CAPITAL WORLD INVESTORS with 115.57 million shares, or about 7.4325% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.71 billion.

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