|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||63.06 - 64.30|
|52 Week Range||60.01 - 77.79|
|PE Ratio (TTM)||11.90|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||2.80 (4.39%)|
|1y Target Est||77.46|
Chris Verrone, Strategas Research Partners, discusses the selloff in consumer staples. The “Fast Money” traders weigh in.
Analysts are expecting Philip Morris International (PM) to post revenue of $31.9 billion in 2018, which represents a rise of 11% from $28.8 billion in 2017. The company’s management expects currency-neutral revenue growth at approximately 8%. Revenue growth is expected to be driven by an increase in product prices and growth in RRP (reduced risk products) sales.
In 4Q17, Philip Morris International (PM) posted net revenue of $8.3 billion, which represents growth of 19% from $7 billion in 4Q16. Growth was driven by an increase in total shipment volume of 3.8% and favorable pricing. Philip Morris had a strong performance in the European Union, Asia, Latin America, and Canada.
Amid numerous headwinds plaguing cigarette consumption, Altria (MO) manages to stay afloat in the industry on the back of smokeless products and strong pricing strategies.
WASHINGTON (AP) — Federal health officials took the first step Thursday to slash levels of addictive nicotine in cigarettes, an unprecedented move designed to help smokers quit and prevent future generations from getting hooked.
U.S. health officials took the first concrete steps toward cutting the nicotine content in cigarettes to nonaddictive levels, opening a public inquiry ahead of proposed regulations to lower nicotine levels....
The U.S. Food and Drug Administration is seeking public opinion as well as scientific research on the role nicotine plays in cigarette addiction, the agency said on Thursday, as it aims to lower tobacco-related deaths across the country. The latest steps are part of a comprehensive plan to regulate tobacco and nicotine that the agency announced last summer, FDA Commissioner Scott Gottlieb said in a statement https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm601039.htm. The FDA is seeking additional research and data for public review, Gottlieb said, as the agency deliberates on developing a nicotine product standard.
NEW YORK, NY / ACCESSWIRE / March 15, 2018 / U.S. markets' slide extended on Wednesday as concerns over a potential trade war with China continues to grow. The Dow Jones Industrial Average dropped 1.00 ...
Important news for shareholders and potential investors in Altria Group Inc (NYSE:MO): The dividend payment of $0.7 per share will be distributed into shareholder on 10 April 2018, and theRead More...
This weekend's Barron's cover story shows what the shortage of workers means for employers and investors. Other featured articles examine the prospects for a European company that has hit on a winning ...
One reason is that they tend to pay healthy dividends, and ultralow bond yields had chased some income-seekers into dividend-paying stocks. Campbell Soup (CPB), for example, is down 26% over the past year. The last time the stock carried a discount that large was more than 17 years ago, when the 10-year Treasury was about 5.7%.
The Zacks Analyst Blog Highlights: Pfizer, Verizon, Altria, Occidental Petroleum and Community Trust
Trump tariffs could harm global economic growth that was widely seen as the major driving force behind the stock market's rally in 2017.
NEW YORK, March 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...