|Bid||38.57 x 800|
|Ask||38.58 x 1100|
|Day's Range||38.54 - 39.08|
|52 Week Range||30.67 - 55.77|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||1.74|
|Forward Dividend & Yield||2.70 (6.92%)|
|1y Target Est||46.96|
BTI's dividend yield has flared to 7% as the stock price has dipped about 30% recently -- a drag for existing shareholders but a burning opportunity for new investors.
In March 2019, British American Tobacco p.l.c. (LON:BATS) released its most recent earnings announcement, which...
On Friday, Goldman Sachs upgraded Altria Group (MO) from a “neutral” to a “buy” while keeping its price target unchanged at $59.
OUTSIDE THE BOX In late June, San Francisco banned e-cigarette sales completely. That means no bricks-and-mortar sales. And no e-cigarette deliveries for online purchases. Many cities already restrict vaping and e-cigarette sales.
Philip Morris' (PM) Q2 performance to gain from pricing and advancements in RRPs. However, low cigarette sales volumes are a worry.
● Reckitt Benckiser edged higher after it reached a deal with the US Department of Justice and Federal Trade Commission to exclude it from an investigation into alleged mis-selling of Suboxone film, an opiate addiction treatment, by its demerged business Indivior. “We think that the quick settlement is good news, as it provides clarity and protects RB’s US business from lengthy legal struggles,” said Kepler Cheuvreux. ● Indivior itself surged after reporting that sales of Suboxone film had held up in spite of generic competition entering the market in February.
Contrary to conventional wisdom, you don't need a hefty trust fund or deep pockets like mutual funds and other institutional players to start investing.
The Morningstar U.S. Consumer Defensive Index gained 5% quarter to date through June 21, in line with the 3% uptick in the broader market (Exhibit 1). Sector performance has strengthened over the last three months - source: Morningstar Analysts As a whole, the sector isn't terribly attractive valuation-wise.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
Declining cigarette sales and volumes continue to pressure large tobacco companies. To combat falling tobacco demand, industry giant Altria Group, Inc. (MO) has raised its prices six cents per pack, or $3 per carton, according to Wells Fargo analyst Bonnie Herzog, per Barron's. Herzog argues that the move demonstrates Altria's pricing power, adding that British American Tobacco p.l.c.
British American Tobacco said in a news release Wednesday that it expects global industry volume to be down by around 3.5 percent in 2019. Despite a guide for lower volume shipments, British American said it remains on track for constant currency revenue growth in the mid-to-upper half of its long-term guidance of 3-5 percent.
The warning highlighted the challenges dogging the tobacco industry as smokers, particularly in the United States, turn to less harmful alternatives such as e-cigarettes and vaping products. The maker of Lucky Strike and Dunhill cigarettes said it expects global industry volumes to fall around 3.5% this year, compared with its earlier estimate of a 3% drop. BAT said it would invest further in what it calls its "New Category" business and announced plans to consolidate the portfolio, which makes tobacco heating product glo and Vype e-cigarettes as well as snuff and nicotine pouches.
The maker of Lucky Strike and Dunhill cigarettes forecast global industry volumes to fall around 3.5% this year, with the U.S. expected to decline 4%-5%. Demand for cigarettes has been slowing, particularly in the United States, as smokers turn to alternatives such as e-cigarettes and vaping products, prompting companies to rapidly expand their non-cigarette products. BAT said it would invest further in what it calls its "New Category" business and announced plans to consolidate the portfolio, which makes tobacco heating product glo and Vype e-cigarettes as well as snuff and nicotine pouches.
Under FDA regulation of e-cigarettes that began in 2016, e-cigarettes, known by the agency as electronic nicotine delivery systems, or ENDS, that were already on the market had to apply for FDA approval to remain available after August 2021.
Since Friday, Altria Group Inc. (MO), Philip Morris International Inc. (PM), and British American Tobacco PLC (BTI) have all fallen 5.1%, 5.9%, and 5.7% respectively as of market close on Wednesday, May 29. And opened Thursday with very little change.
Vape-maker Juul hits back on San Fran's unanimous vote to ban e-cigarette sales over underage vaping concerns. Yahoo Finance's Zack Guzman & Kristin Myers, along with NY Post Hedge Fund reporter Carleton English discuss with Stanford University Professor Dr. Robert Jackler.