Altria Group Inc [MO] Stock trading around $53.87 per share: What’s Next?

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Altria Group Inc [NYSE: MO] closed the trading session at $53.87.

The stocks have a year to date performance of 33.54 percent and weekly performance of 8.37 percent. The stock has been moved at 23.58 percent over the last six months. The stock has performed 7.78 percent around the most recent 30 days and changed 9.16 percent over the most recent 3-months.

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If compared to the average trading volume of 8.02M shares, MO reached to a volume of 10798843 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 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 $54.60 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 2.73. 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 October 08, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Sell. The new note on the price target was released on January 23, 2024, representing the official price target for Altria Group Inc stock. Previously, the target price had yet another raise to $52, while Stifel analysts kept a Buy rating on MO stock.

The Average True Range (ATR) for Altria Group Inc is set at 0.92, with the Price to Sales ratio for MO stock in the period of the last 12 months amounting to 4.44. Price to Free Cash Flow for MO in the course of the last twelve months was 10.63 with Quick ratio for the last quarter at 0.30.

MO stock trade performance evaluation

Altria Group Inc [MO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.37. With this latest performance, MO shares gained by 7.78% in over the last four-week period, additionally plugging by 23.58% over the last 6 months – not to mention a rise of 35.01% 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 69.13, with the RSI for the last a single of trading hit 74.52, and the three-weeks RSI is set at 65.03 for Altria Group Inc [MO]. The present Moving Average for the last 50 days of trading for this stock 51.40, while it was recorded at 51.81 for the last single week of trading, and 46.35 for the last 200 days.

Altria Group Inc [MO]: An insightful look at the core fundamentals

Altria Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.44.

Earnings per share (EPS) analysis for Altria Group Inc [MO] stock

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 4.16%.

Altria Group Inc [MO]: Institutional Ownership

There are presently around $60.79%, or 60.85%% of MO stock, in the hands of institutional investors. The top three institutional holders of MO stocks are: VANGUARD GROUP INC with ownership of 156.12 million shares, which is approximately 8.8805%. BLACKROCK INC., holding 125.5 million shares of the stock with an approximate value of $$5.72 billion in MO stocks shares; and BLACKROCK INC., currently with $$3.24 billion in MO stock with ownership which is approximately 3.9574%.