Philip Morris International (PM) Given Media Sentiment Rating of 0.21
Press coverage about Philip Morris International (NYSE:PM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Philip Morris International earned a news impact score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.9280914862178 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Highly Traded Stock: Philip Morris International, Inc. (NYSE:PM) (thefucomics.com)
- Stocks making its way to the top: Philip Morris International Inc. (PM) (nismagazine.com)
- Comparing the Valuation Multiples of Philip Morris and Altria Group (finance.yahoo.com)
- Better Buy: Philip Morris, British American Tobacco, or Altria? (finance.yahoo.com)
- Philip Morris’s Revenue Growth Could Outpace Altria in Next 4 Quarters (finance.yahoo.com)
Shares of Philip Morris International (NYSE PM) traded up $0.85 during mid-day trading on Tuesday, hitting $105.46. The company had a trading volume of 4,915,653 shares, compared to its average volume of 4,124,625. The company has a current ratio of 1.13, a quick ratio of 0.68 and a debt-to-equity ratio of -2.91. Philip Morris International has a twelve month low of $87.67 and a twelve month high of $123.55. The company has a market cap of $161,082.67, a P/E ratio of 23.10, a P/E/G ratio of 2.10 and a beta of 0.90.
Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Thursday, October 19th. The company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.11). Philip Morris International had a negative return on equity of 67.59% and a net margin of 9.32%. The business had revenue of $7.50 billion for the quarter, compared to the consensus estimate of $7.75 billion. During the same quarter in the prior year, the company earned $1.25 earnings per share. Philip Morris International’s quarterly revenue was up 7.4% compared to the same quarter last year. analysts anticipate that Philip Morris International will post 4.75 EPS for the current year.
Several research firms have recently issued reports on PM. Zacks Investment Research raised Philip Morris International from a “sell” rating to a “hold” rating in a report on Monday, October 30th. Wells Fargo & Company reissued an “outperform” rating and set a $140.00 target price on shares of Philip Morris International in a report on Tuesday, October 10th. Goldman Sachs Group raised Philip Morris International from a “buy” rating to a “conviction-buy” rating and set a $135.00 target price on the stock in a report on Thursday, September 28th. Piper Jaffray Companies set a $130.00 target price on Philip Morris International and gave the stock a “buy” rating in a report on Thursday, November 16th. Finally, Bank of America reduced their target price on Philip Morris International from $124.00 to $121.00 and set a “neutral” rating on the stock in a report on Friday, October 20th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $124.23.
In related news, Chairman Louis C. Camilleri sold 108,979 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $108.38, for a total transaction of $11,811,144.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is owned by corporate insiders.
Philip Morris International Company Profile
Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.
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