|Bid||73.06 x 100|
|Ask||73.07 x 800|
|Day's Range||72.85 - 73.41|
|52 Week Range||60.82 - 77.79|
|PE Ratio (TTM)||9.90|
|Dividend & Yield||2.44 (3.32%)|
|1y Target Est||N/A|
The tobacco giant's second-quarter earnings will tell a lot about its future direction.
Improved economic conditions and rising consumer confidence favor the consumer staples sector. However, competitive pressure weigh down on some of the stocks.
Despite strong brand portfolio, we believe declining demand for cigarettes due to the ongoing anti-tobacco campaigns and rising cigarette prices will continue to hurt Altria's (MO) earnings.