Sunday, April 11, 2021

Altria Group Inc. [MO] Revenue clocked in at $26.15 billion, up 20.76% YTD: What’s Next?

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Altria Group Inc. [NYSE: MO] price plunged by -1.98 percent to reach at -$1.0. The company report on March 24, 2021 that Altria Group, Inc. Director and Chairman of the Board of Directors Thomas F. Farrell II Announces Decision to Retire From Altria’s Board of Directors.

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Thomas F. Farrell II, a director of Altria Group, Inc. (“Altria”) since 2008 and independent Chairman of Altria’s Board of Directors (the “Board”), notified Altria of his decision to retire from service on the Board following the completion of his current term. Consequently, Mr. Farrell will not stand for re-election to the Board at Altria’s 2021 Annual Meeting of Shareholders, which is presently anticipated to be held on May 20, 2021. The Board will evaluate Board leadership succession and intends to appoint a new Chairman at its organizational meeting following the 2021 Annual Meeting.


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“Tom’s contributions over the past 13 years have been immeasurable,” said Billy Gifford, Altria’s Chief Executive Officer. “We thank him for his distinguished service and wish him the very best.”.

A sum of 9177867 shares traded at recent session while its average daily volume was at 9.25M shares. Altria Group Inc. shares reached a high of $49.92 and dropped to a low of $49.14 until finishing in the latest session at $49.51.

The one-year MO stock forecast points to a potential downside of -1.33. The average equity rating for MO stock is currently 2.20, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Altria Group Inc. [MO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MO shares is $48.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MO stock is a recommendation set at 2.20. 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.

Citigroup have made an estimate for Altria Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 16, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on January 20, 2021, representing the official price target for Altria Group Inc. stock. Previously, the target price had yet another raise to $43, while Barclays analysts kept a Equal Weight rating on MO stock.

The Average True Range (ATR) for Altria Group Inc. is set at 1.07, with the Price to Sales ratio for MO stock in the period of the last 12 months amounting to 3.52. The Price to Book ratio for the last quarter was 32.36, with the Price to Cash per share for the same quarter was set at 2.66. Price to Free Cash Flow for MO in the course of the last twelve months was 49.39 with Quick ratio for the last quarter at 0.60.

MO Stock Performance Analysis:

Altria Group Inc. [MO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.54. With this latest performance, MO shares gained by 11.79% in over the last four-week period, additionally plugging by 28.43% over the last 6 months – not to mention a rise of 52.90% 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 MO stock in for the last two-week period is set at 62.64, with the RSI for the last a single of trading hit 58.38, and the three-weeks RSI is set at 63.90 for Altria Group Inc. [MO]. The present Moving Average for the last 50 days of trading for this stock 44.56, while it was recorded at 50.56 for the last single week of trading, and 41.76 for the last 200 days.

Insight into Altria Group Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Altria Group Inc. [MO] shares currently have an operating margin of +73.88 and a Gross Margin at +83.84. Altria Group Inc.’s Net Margin is presently recorded at +21.40.

Return on Total Capital for MO is now 46.08, given the latest momentum, and Return on Invested Capital for the company is 13.92. Return on Equity for this stock inclined to 98.42, with Return on Assets sitting at 9.22. When it comes to the capital structure of this company, Altria Group Inc. [MO] has a Total Debt to Total Equity ratio set at 1,038.08. Additionally, MO Total Debt to Total Capital is recorded at 91.21, with Total Debt to Total Assets ending up at 62.16. Long-Term Debt to Equity for the company is recorded at 985.24, with the Long-Term Debt to Total Capital now at 86.57.

Reflecting on the efficiency of the workforce at the company, Altria Group Inc. [MO] managed to generate an average of $628,028 per employee. Receivables Turnover for the company is 102.92 with a Total Asset Turnover recorded at a value of 0.43.Altria Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.80.

MO Stock EPS

With the latest financial reports released by the company, Altria Group Inc. posted 1.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.98/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.20%. 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 MO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Altria Group Inc. go to 4.42%.

Altria Group Inc. [MO] Insider Position Details

There are presently around $55,627 million, or 61.30% of MO stock, in the hands of institutional investors. The top three institutional holders of MO stocks are: VANGUARD GROUP INC with ownership of 151,602,507, which is approximately -0.956% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 130,577,620 shares of the stock with an approximate value of $6.46 billion in MO stocks shares; and CAPITAL WORLD INVESTORS, currently with $5.61 billion in MO stock with ownership of nearly 7.374% of the company’s market capitalization.

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Positions in Altria Group Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 765 institutional holders increased their position in Altria Group Inc. [NYSE:MO] by around 51,889,224 shares. Additionally, 796 investors decreased positions by around 85,826,861 shares, while 205 investors held positions by with 985,841,968 shares. The mentioned changes placed institutional holdings at 1,123,558,053 shares, according to the latest SEC report filing. MO stock had 199 new institutional investments in for a total of 3,948,454 shares, while 110 institutional investors sold positions of 13,508,679 shares during the same period.

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