Philip Morris International Inc [NYSE: PM] jumped around 2.21 points on Wednesday, while shares priced at $108.31 at the close of the session, up 2.08%.
Compared to the average trading volume of 5.16M shares, PM reached a trading volume of 5397203 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
What do top market gurus 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 $111.24 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 1.89. 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.
Argus have made an estimate for Philip Morris International Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 05, 2024. The new note on the price target was released on February 13, 2024, representing the official price target for Philip Morris International Inc stock. Previously, the target price had yet another drop from $105 to $86.50, while UBS kept a Sell rating on PM stock.
The Average True Range (ATR) for Philip Morris International Inc is set at 1.49, with the Price to Sales ratio for PM stock in the period of the last 12 months amounting to 4.71. Price to Free Cash Flow for PM in the course of the last twelve months was 18.83 with Quick ratio for the last quarter at 0.49.
How has PM stock performed recently?
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 5.40. With this latest performance, PM shares gained by 5.98% in over the last four-week period, additionally plugging by 14.60% over the last 6 months – not to mention a rise of 9.46% 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 73.80, with the RSI for the last a single of trading hit 78.57, and the three-weeks RSI is set at 70.38 for Philip Morris International Inc [PM]. The present Moving Average for the last 50 days of trading for this stock 101.67, while it was recorded at 106.09 for the last single week of trading, and 94.63 for the last 200 days.
Philip Morris International Inc [PM]: Deeper insight into the fundamentals
Philip Morris International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.49 and a Current Ratio set at 0.94.
Earnings analysis for Philip Morris International Inc [PM]
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 9.21%.
Insider trade positions for Philip Morris International Inc [PM]
The top three institutional holders of PM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PM stock with ownership which is approximately 5.1238%.