Altria Group Inc. [MO] Revenue clocked in at $25.83 billion, up 16.41% YTD: What’s Next?

Altria Group Inc. [NYSE: MO] price plunged by -0.65 percent to reach at -$0.31. The company report on July 29, 2021 that Altria Reports 2021 Second-Quarter and First-Half Results; Narrows 2021 Full-Year Earnings Guidance.

Altria Group, Inc. (Altria) (NYSE: MO) reports its 2021 second-quarter and first-half business results and narrows its 2021 full-year adjusted diluted earnings per share (EPS) guidance.

“Altria delivered outstanding results in the second quarter, thanks to the continued strength of our tobacco businesses and the hard work of our highly talented employees,” said Billy Gifford, Altria’s Chief Executive Officer. “Our teams have continued their commitment to Moving Beyond SmokingTM by deepening their understanding of adult tobacco consumer preferences, expanding the awareness and availability of our smoke-free product portfolio, and amplifying our voice on harm reduction within the scientific and public health communities.”.

A sum of 5798720 shares traded at recent session while its average daily volume was at 7.16M shares. Altria Group Inc. shares reached a high of $48.69 and dropped to a low of $47.70 until finishing in the latest session at $47.73.

The one-year MO stock forecast points to a potential upside of 11.25. 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 $53.78 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.

Redburn have made an estimate for Altria Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 17, 2021. The new note on the price target was released on May 05, 2021, representing the official price target for Altria Group Inc. stock. Previously, the target price had yet another raise from $40 to $58, while Jefferies kept a Buy rating on MO stock.

The Average True Range (ATR) for Altria Group Inc. is set at 0.77, with the Price to Sales ratio for MO stock in the period of the last 12 months amounting to 3.46. The Price to Book ratio for the last quarter was 27.12, with the Price to Cash per share for the same quarter was set at 1.00.

MO Stock Performance Analysis:

Altria Group Inc. [MO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.25. With this latest performance, MO shares dropped by -0.21% in over the last four-week period, additionally plugging by 17.07% over the last 6 months – not to mention a rise of 15.99% 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 50.76, with the RSI for the last a single of trading hit 51.78, and the three-weeks RSI is set at 49.71 for Altria Group Inc. [MO]. The present Moving Average for the last 50 days of trading for this stock 48.07, while it was recorded at 47.96 for the last single week of trading, and 45.21 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 +52.77 and a Gross Margin at +62.73. Altria Group Inc.’s Net Margin is presently recorded at +21.40.

Return on Total Capital for MO is now 32.91, 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 0.40 and a Current Ratio set at 0.70.

MO Stock EPS

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 4.47%.

Altria Group Inc. [MO] Insider Position Details

There are presently around $53,455 million, or 61.60% of MO stock, in the hands of institutional investors. The top three institutional holders of MO stocks are: VANGUARD GROUP INC with ownership of 152,254,937, which is approximately 0.43% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 138,762,212 shares of the stock with an approximate value of $6.62 billion in MO stocks shares; and CAPITAL WORLD INVESTORS, currently with $5.95 billion in MO stock with ownership of nearly 9.899% 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 July and at the time of the July reporting period, where 856 institutional holders increased their position in Altria Group Inc. [NYSE:MO] by around 58,762,633 shares. Additionally, 758 investors decreased positions by around 64,186,268 shares, while 247 investors held positions by with 996,987,346 shares. The mentioned changes placed institutional holdings at 1,119,936,247 shares, according to the latest SEC report filing. MO stock had 176 new institutional investments in for a total of 8,803,049 shares, while 101 institutional investors sold positions of 4,389,915 shares during the same period.

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