71.28 0.00 (0.00%)
After hours: 5:23PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||70.90 - 71.57|
|52 Week Range||60.01 - 77.79|
|PE Ratio (TTM)||8.88|
|Earnings Date||Feb 1, 2018|
|Forward Dividend & Yield||2.64 (3.71%)|
|1y Target Est||76.62|
After a blissful holiday season, investors’ focus has shifted to the fourth quarter reporting cycle, which is probably the most significant among all quarters. This earnings season is on the verge of being in full swing and the trend so far appears quite good. Notably, 44 S&P 500 companies have already posted results with earnings up 11.4% on revenue growth of 7.5%, per the latest Earnings Preview report.
On January 19, 2018, Jefferies upgraded Altria Group (MO) from “hold” to “buy,” and raised its target price from $72 to $81. The new price target represents a return potential of 13.9% based on its current stock price of $71.12. Jefferies analyst Owen Bennett is optimistic on tobacco companies, based on them having a lower valuation than other staples.
NEW YORK, NY / ACCESSWIRE / January 22, 2018 / U.S. markets rebounded on Friday, posting a weekly gain, as positive earnings outweighed worries of a government shutdown. The Dow Jones Industrial Average ...
Walla Walla, WA, based Investment company Baker Boyer National Bank buys Altria Group Inc, Alphabet Inc during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, ...
Shares of Philip Morris International (PM) and Altria Group (MO) are higher on Friday, thanks to an upgrade from Jefferies. Analyst Owen Bennett and his team boosted their rating on Philip Morris and Altria to Buy from Hold, writing that they're bullish on the tobacco sector in 2018, given the stocks' discounts to other staples and their reasonable valuations. As for specific stock catalysts, Bennett writes that Philip Morris should benefit from the Tobacco Products Scientific Advisory Committee's review of its iQOS system expected next week, which could help it gain ground after recent pressures. At Altria, he writes that the focus will be on whether it can halt share declines at its Marlboro brand. Bennett also upgraded Japan Tobacco (JAPAY) to Hold from Sell, although he's still concerned that earnings expectations are too high for the stock.
WASHINGTON (AP) — Imagine if cigarettes were no longer addictive and smoking itself became almost obsolete; only a tiny segment of Americans still lit up. That's the goal of an unprecedented anti-smoking plan being carefully fashioned by U.S. health officials.
Altria Group, Inc. will host a live audio webcast on Thursday, February 1, 2018, at 9:00 a.m. Eastern Time to discuss its 2017 fourth-quarter and full-year business results.
Declining demand for tobacco products and stringent government regulations have been weighing upon Altria (MO). However, management has been actively working toward producing smokeless products.
Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On this day in 1964, the U.S. government issued its first health warning against cigarettes. ...
As of December 27, 2017, Altria Group (MO) was trading at $72.43. On the same day, analysts were expecting the company’s stock to reach $72.92 in next 12 months, which…
For the next four quarters, analysts expect Altria Group (MO) to post EPS (earnings per share) of $3.51, which represents 11.1% growth from the $3.16 seen in the last four quarters.…