Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Philip Morris International (PM) Stock Price

News coverage about Philip Morris International (NYSE:PM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Philip Morris International earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.9999118783365 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

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Shares of PM stock traded down $2.04 during mid-day trading on Friday, hitting $95.63. 5,709,201 shares of the stock were exchanged, compared to its average volume of 5,313,409. Philip Morris International has a 1 year low of $95.51 and a 1 year high of $123.55. The company has a market cap of $151,703.97, a PE ratio of 24.71, a PEG ratio of 1.83 and a beta of 0.85. The company has a current ratio of 1.35, a quick ratio of 0.80 and a debt-to-equity ratio of -3.06.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 8th. The company reported $1.31 EPS for the quarter, missing the Zacks’ consensus estimate of $1.35 by ($0.04). Philip Morris International had a net margin of 7.73% and a negative return on equity of 71.99%. The business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.17 billion. During the same quarter last year, the firm posted $1.10 EPS. The business’s quarterly revenue was up 19.0% on a year-over-year basis. equities research analysts expect that Philip Morris International will post 5.28 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Thursday, March 22nd will be issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Wednesday, March 21st. Philip Morris International’s dividend payout ratio (DPR) is presently 110.59%.

PM has been the topic of several recent analyst reports. Jefferies Group upgraded shares of Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 price target on the stock in a report on Friday, January 19th. Zacks Investment Research upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. Morgan Stanley lifted their price target on shares of Philip Morris International from $120.00 to $123.00 and gave the company an “overweight” rating in a report on Tuesday, January 30th. Citigroup cut their price target on shares of Philip Morris International from $117.00 to $114.00 and set a “neutral” rating on the stock in a report on Tuesday, January 16th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and issued a $137.00 price target (up previously from $130.00) on shares of Philip Morris International in a report on Thursday, January 11th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $124.57.

In other news, insider Marc S. Firestone sold 13,650 shares of Philip Morris International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $104.63, for a total value of $1,428,199.50. Following the completion of the transaction, the insider now owns 189,199 shares of the company’s stock, valued at approximately $19,795,891.37. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Andre Calantzopoulos sold 49,000 shares of Philip Morris International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $103.66, for a total value of $5,079,340.00. Following the completion of the transaction, the chief executive officer now directly owns 792,765 shares of the company’s stock, valued at approximately $82,178,019.90. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Philip Morris International (NYSE:PM)

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