|Bid||48.23 x 900|
|Ask||48.42 x 1100|
|Day's Range||48.17 - 48.73|
|52 Week Range||35.83 - 52.59|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||20.69|
|Earnings Date||Oct 28, 2021|
|Forward Dividend & Yield||3.60 (7.41%)|
|Ex-Dividend Date||Sep 14, 2021|
|1y Target Est||55.23|
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 1985, Philip Morris announced a $5.75-billion buyout of General Foods. What Else Was Going On In The World: In 1985, the popular comic strip “Calvin and Hobbes” debuted. Route 66 was officially removed from the U.S. Highway System. The year-end fed funds interest rate was 10.75%. General Foods Acquisition: Philip Morris announced a buyout of General Foods at a price o
Chinese property owner Evergrande looks as though it may default on its debts, and many fear this could spark a domino effect causing a global economic recession, which is why the stock market plunged last week. Colgate-Palmolive (NYSE: CL), Airbnb (NASDAQ: ABNB), and Altria (NYSE: MO) are three stocks that could help insulate your portfolio from the next downturn. A safe place with thick walls and a well-stocked pantry is the consumer staples sector, and Colgate-Palmolive is one of the most solid companies in it.
Philip Morris International's stock offers a compelling combination of value and growth prospects.