Altria Group Inc (NYSE: MO) has reported earnings for its first fiscal quarter (ending March 31) of $1.21 versus $1.00 for the same period a year ago. E.P.S. were $4.78 for the latest four quarters through March 31 versus $3.11 for the same period a year ago.
Recent Price Action
On 4/25/24, Altria Group Inc (NYSE: MO) stock increased 1.4%, closing at $43.54. This advance was accompanied by normal trading volume. The stock has risen 5.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MO’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.
Altria Group is currently unrated.
Rating Review
The stock is currently unrated.
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