|Bid||53.68 x 200|
|Ask||53.70 x 300|
|Day's Range||52.59 - 53.70|
|52 Week Range||50.82 - 73.41|
|PE Ratio (TTM)||2.08|
|Forward Dividend & Yield||2.72 (4.60%)|
|1y Target Est||83.00|
In February, BAT said it planned to increase spending on "next generation" products by 500 million pounds in 2018. BAT, the world's second-biggest international tobacco company by revenue, currently trails Philip Morris International (PM.N) in tobacco-heating products.
Philip Morris International (PM) posted its 1Q18 earnings before the market opened on April 19, 2018. The company reported adjusted EPS (earnings per share) of $1 on revenue of $6.9 billion. The company’s EPS rose 2.0% YoY (year-over-year), while its revenue rose 13.7%.
Weak shipment volumes stemming from declining cigarette sales have long been a hurdle for firms in the tobacco space. However, RRPs are likely to continue expanding.
Zacks Investment Ideas feature highlights: Phillip Morris International, Altria and British American Tobacco
Philip Morris International said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan. Altria and British American Tobacco shares also slid. Philip Morris International PM shares plummeted 17 percent, on track for the company's worst day since it spun off from Altria in 2008, after PMI posted mixed first-quarter results and said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan.
There is a lot to be liked about British American Tobacco pl.c. (LSE:BATS) as an income stock, over the past 10 years it has returned an average of 4.00% perRead More...
A slim, USB-chargeable e-cigarette that comes in flavors like “crème brulée” and “cool cucumber,” the Juul has quickly become one of the most popular such products among teens and young adults. While experts, parents and teachers say they’re worried about the trend, young adults may be missing one of the crucial reasons why, a new study published in the peer-reviewed journal Tobacco Control has found. Only a minority of young people who were familiar with or had recently used the Juul knew that it contains the addictive stimulant nicotine, according to the study.
Philip Morris International (PM), an American tobacco company, is scheduled to announce its 1Q18 earnings before the market opens on April 19, 2018. In 4Q17, Philip Morris posted adjusted EPS (earnings per share) of $1.31 on revenues of $8.29 billion. The increase of 3.8% in total shipment volume, growth in RRP (reduced risk products) sales, and better-than-expected revenue in 4Q17 appear to have increased investors’ confidence, leading to a rise in the company’s stock price.
Unfortunately, Altria Group Inc (NYSE:MO) stinks right now. Year-to-date, the MO stock price is down nearly 15%, and given the broader ugliness in the markets, I’m expecting further pain. We must also acknowledge that as a “vice stock,” Altria has significant headwinds.
Tobacco stocks are trading lower on Wednesday, after another blow from the Food and Drug Administration. The FDA issued its Advanced Notice for Proposed Rulemaking (ANPRM) for characterizing flavors in tobacco products including menthol cigarettes, signaling its intent to regulate these, in both traditional and e-cigarettes. This follows on the heels of its proposed rule for nicotine in tobacco products, released just last week.
The Food and Drug Administration is taking the first step toward implementing a rule about the role that flavors, including menthol, play in attracting users to certain tobacco products.
The Food and Drug Administration will consider restricting the use of menthol flavoring in cigarettes, the second move in a week by the agency to make smoking less enjoyable as part of an ambitious anti-tobacco ...
Shares of British American Tobacco pl.c. (LSE:BATS) will begin trading ex-dividend in 3 days. To qualify for the dividend check of £0.49 per share, investors must have owned the sharesRead More...
British American Tobacco (BAT) today published its Annual Report and Sustainability Report - both of which outline the Company's commitment to transform tobacco by offering an unrivalled suite of potentially reduced-risk products that address the varied preferences of today's consumers. Complementing its existing combustible portfolio, BAT now offers a wide range of potentially reduced-risk products, including Next Generation Products (NGPs), comprising vapour and tobacco heating products (THPs), as well as oral tobacco and nicotine products, such as snus and moist snuff.
The FDA is taking the first step toward implementing a rule about the role flavors, including menthol, play in attracting users to certain tobacco products.