Press coverage about Philip Morris International (NYSE:PM) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Philip Morris International earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.6779458547445 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- The FDA is going after menthol cigarettes—and maybe even … (finance.yahoo.com)
- Technical Facts that Every Trader Should Know about Philip Morris International Inc. (PM) – Wall Street Morning (wallstreetmorning.com)
- Ex-Dividend Reminder: Philip Morris International, Best Buy and Las Vegas Sands – Nasdaq (nasdaq.com)
- What Analysts Are Recommending for Philip Morris and Altria (finance.yahoo.com)
- Philip Morris International Inc. (PM) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
Philip Morris International (NYSE:PM) traded down $1.47 during trading hours on Tuesday, hitting $100.27. The stock had a trading volume of 5,194,410 shares, compared to its average volume of 5,404,432. Philip Morris International has a fifty-two week low of $96.66 and a fifty-two week high of $123.55. The company has a market capitalization of $160,697.17, a P/E ratio of 25.91, a price-to-earnings-growth ratio of 1.94 and a beta of 0.85. The company has a debt-to-equity ratio of -3.06, a quick ratio of 0.80 and a current ratio of 1.35.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Investors of record on Thursday, March 22nd will be issued a $1.07 dividend. The ex-dividend date is Wednesday, March 21st. This represents a $4.28 annualized dividend and a dividend yield of 4.27%. Philip Morris International’s payout ratio is currently 110.59%.
Several research analysts have commented on PM shares. Zacks Investment Research lowered shares of Philip Morris International from a “hold” rating to a “sell” rating in a research note on Monday, December 11th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $137.00 price objective (up from $130.00) on shares of Philip Morris International in a research note on Thursday, January 11th. Citigroup dropped their price objective on shares of Philip Morris International from $117.00 to $114.00 and set a “neutral” rating for the company in a research note on Tuesday, January 16th. Jefferies Group raised shares of Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research note on Friday, January 19th. Finally, Morgan Stanley lifted their target price on Philip Morris International from $120.00 to $123.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 30th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Philip Morris International currently has an average rating of “Buy” and an average target price of $124.57.
In related news, 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 sale, the chief executive officer now directly owns 792,765 shares in the company, valued at $82,178,019.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Marc S. Firestone sold 13,650 shares of Philip Morris International stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $104.63, for a total value of $1,428,199.50. Following the completion of the sale, the insider now owns 189,199 shares of the company’s stock, valued at $19,795,891.37. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.
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About Philip Morris International
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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