News stories about Philip Morris International (NYSE:PM) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Philip Morris International earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.0834135065958 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Philip Morris International’s (PM) “Overweight” Rating Reiterated at Piper Jaffray Companies (americanbankingnews.com)
- Here's What's Ahead for Altria Group in 2018 (finance.yahoo.com)
- SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Philip Morris International Inc. – PM (finance.yahoo.com)
- Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Philip Morris International Inc. – PM (finance.yahoo.com)
- What? Philip Morris Wants Out of the Cigarette Business? (finance.yahoo.com)
Shares of Philip Morris International (NYSE PM) traded down $0.36 during midday trading on Friday, hitting $104.50. The stock had a trading volume of 5,513,751 shares, compared to its average volume of 3,940,890. The company has a debt-to-equity ratio of -2.91, a quick ratio of 0.68 and a current ratio of 1.13. Philip Morris International has a 12-month low of $89.97 and a 12-month high of $123.55. The stock has a market capitalization of $162,309.72, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 1.89 and a beta of 0.89.
Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Thursday, October 19th. The company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.11). Philip Morris International had a negative return on equity of 67.59% and a net margin of 9.32%. The business had revenue of $7.50 billion during the quarter, compared to analysts’ expectations of $7.75 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. research analysts expect that Philip Morris International will post 4.75 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Shareholders of record on Thursday, December 21st were issued a dividend of $1.07 per share. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $4.28 annualized dividend and a yield of 4.10%. Philip Morris International’s payout ratio is currently 94.48%.
A number of equities research analysts have issued reports on the company. Piper Jaffray Companies restated an “overweight” rating and set a $137.00 price objective (up from $130.00) on shares of Philip Morris International in a research report on Thursday. Jefferies Group restated a “hold” rating and set a $120.00 price objective on shares of Philip Morris International in a research report on Thursday, September 28th. Cowen reiterated a “buy” rating on shares of Philip Morris International in a report on Sunday, September 24th. Goldman Sachs Group began coverage on Philip Morris International in a report on Monday, October 2nd. They issued a “buy” rating on the stock. Finally, Societe Generale upgraded Philip Morris International from a “hold” rating to a “buy” rating in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. Philip Morris International presently has an average rating of “Hold” and an average price target of $124.77.
In other Philip Morris International news, Chairman Louis C. Camilleri sold 108,979 shares of the firm’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $108.38, for a total transaction of $11,811,144.02. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.23% of the company’s stock.
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Philip Morris International Company Profile
Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.
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