Media headlines about Philip Morris International (NYSE:PM) have trended somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Philip Morris International earned a media sentiment score of 1.86 on their scale. InfoTrie also gave news headlines about the company an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Philip Morris International’s score:
- Philip Morris (PM) Stock Moves -0.35%: What You Should Know (finance.yahoo.com)
- Philip Morris International Beats Q3 Estimates, but Q4 May Be Harder (fool.com)
- Joe Camel illustrator: E-cig maker Juul's marketing 'seems more egregious' (finance.yahoo.com)
- Philip Morris International Inc. to Webcast Presentation at the Morgan Stanley Global Consumer & Retail Conference (finance.yahoo.com)
- Philip Morris International (PM) Earns News Impact Score of 0.70 (americanbankingnews.com)
NYSE:PM traded down $0.30 during mid-day trading on Friday, hitting $89.18. The stock had a trading volume of 5,159,256 shares, compared to its average volume of 6,770,145. Philip Morris International has a twelve month low of $76.21 and a twelve month high of $111.25. The company has a market capitalization of $138.46 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 2.04 and a beta of 0.58.
Philip Morris International (NYSE:PM) last issued its earnings results on Thursday, October 18th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.16. Philip Morris International had a net margin of 8.20% and a negative return on equity of 78.80%. The business had revenue of $7.50 billion during the quarter, compared to the consensus estimate of $7.16 billion. During the same period last year, the business posted $1.27 EPS. Philip Morris International’s revenue was up .4% on a year-over-year basis. Equities research analysts anticipate that Philip Morris International will post 5.01 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Wednesday, September 26th were issued a $1.14 dividend. The ex-dividend date was Tuesday, September 25th. This represents a $4.56 annualized dividend and a yield of 5.11%. Philip Morris International’s dividend payout ratio is currently 92.49%.
A number of research firms have recently commented on PM. Zacks Investment Research upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. Societe Generale set a $95.00 target price on shares of Philip Morris International and gave the company a “hold” rating in a research note on Monday, October 22nd. ValuEngine upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a research note on Thursday, October 18th. Citigroup raised their target price on shares of Philip Morris International from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, October 19th. Finally, Piper Jaffray Companies set a $99.00 target price on shares of Philip Morris International and gave the company a “buy” rating in a research note on Wednesday, October 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $98.08.
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About Philip Morris International
Philip Morris International Inc, through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, Philip Morris, Merit, Virginia S., Muratti, and Next.
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