Philip Morris International Inc. [NYSE: PM] closed the trading session at $87.72 on 03/12/21. The day’s price range saw the stock hit a low of $86.8548, while the highest price level was $87.79. The company report on March 8, 2021 that Philip Morris International Announces Yearlong Exploration of Inclusion—Furthering the Company’s Commitment to Equality.
On International Women’s Day, Philip Morris International Inc. (PMI) (NYSE: PM) announced the launch of a yearlong research and convening initiative entitled “Inclusive Future.” Following a year when inclusion and diversity efforts moved center stage amid the global pandemic, the absence of a single authoritative approach to effectively measure inclusion in business has become even more apparent. To address this need, PMI’s Inclusive Future initiative will explore best practices and established thought leadership to advance the discourse surrounding inclusivity and devise effective and timely ways to promote inclusive cultures. PMI recognizes workplace inclusion and diversity as vital to creativity and innovation—both essential drivers of the company’s business transformation as it works to achieve its vision of a smoke-free future and contribute to a fairer, more equitable world.
“Measuring diversity is the easy part. Measuring and understanding inclusivity is far more complex, as we discovered through trialing inclusivity measurement efforts at PMI,” commented Silke Muenster, Chief Diversity Officer at PMI. “While established frameworks, language, and tools exist for measuring inclusivity, it is clear that they are far from adequate. In the context of a world that shifted radically in 2020, this new initiative will help us to develop compelling ways to further inclusion within the PMI global organization and, we hope, beyond our walls as well.”.
The stocks have a year to date performance of 5.95 percent and weekly performance of 1.81 percent. The stock has been moved at 9.09 percent over the last six months. The stock has performed 2.07 percent around the most recent 30 days and changed 3.68 percent over the most recent 3-months.
If compared to the average trading volume of 4.98M shares, PM reached to a volume of 3042621 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Philip Morris International Inc. [PM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PM shares is $98.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PM stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Philip Morris International Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 20, 2021. The new note on the price target was released on December 15, 2020, representing the official price target for Philip Morris International Inc. stock. Previously, the target price had yet another drop from $90 to $80, while UBS kept a Neutral rating on PM stock.
The Average True Range (ATR) for Philip Morris International Inc. is set at 1.66, with the Price to Sales ratio for PM stock in the period of the last 12 months amounting to 4.70. Price to Free Cash Flow for PM in the course of the last twelve months was 73.09 with Quick ratio for the last quarter at 0.60.
PM stock trade performance evaluation
Philip Morris International Inc. [PM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.81. With this latest performance, PM shares gained by 2.07% in over the last four-week period, additionally plugging by 9.09% over the last 6 months – not to mention a rise of 21.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PM stock in for the last two-week period is set at 62.34, with the RSI for the last a single of trading hit 65.56, and the three-weeks RSI is set at 60.60 for Philip Morris International Inc. [PM]. The present Moving Average for the last 50 days of trading for this stock 83.69, while it was recorded at 86.91 for the last single week of trading, and 78.46 for the last 200 days.
Philip Morris International Inc. [PM]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Philip Morris International Inc. [PM] shares currently have an operating margin of +42.04 and a Gross Margin at +66.38. Philip Morris International Inc.’s Net Margin is presently recorded at +28.00.
Return on Total Capital for PM is now 55.06, given the latest momentum, and Return on Invested Capital for the company is 50.59. Additionally, PM Total Debt to Total Capital is recorded at 163.87, with Total Debt to Total Assets ending up at 71.95.
Reflecting on the efficiency of the workforce at the company, Philip Morris International Inc. [PM] managed to generate an average of $113,183 per employee. Receivables Turnover for the company is 7.68 with a Total Asset Turnover recorded at a value of 0.65.Philip Morris International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for Philip Morris International Inc. [PM] stock
With the latest financial reports released by the company, Philip Morris International Inc. posted 1.21/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Philip Morris International Inc. go to 11.21%.
Philip Morris International Inc. [PM]: Insider Ownership positions
There are presently around $101,517 million, or 75.50% of PM stock, in the hands of institutional investors. The top three institutional holders of PM stocks are: VANGUARD GROUP INC with ownership of 122,884,229, which is approximately -0.652% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 90,439,001 shares of the stock with an approximate value of $7.93 billion in PM stocks shares; and CAPITAL WORLD INVESTORS, currently with $7.22 billion in PM stock with ownership of nearly -1.178% of the company’s market capitalization.
Positions in Philip Morris International Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 838 institutional holders increased their position in Philip Morris International Inc. [NYSE:PM] by around 50,503,245 shares. Additionally, 811 investors decreased positions by around 49,771,886 shares, while 244 investors held positions by with 1,057,004,768 shares. The mentioned changes placed institutional holdings at 1,157,279,899 shares, according to the latest SEC report filing. PM stock had 223 new institutional investments in for a total of 3,430,155 shares, while 79 institutional investors sold positions of 3,846,310 shares during the same period.