Philip Morris International Inc (NYSE: PM) has reported earnings for its third fiscal quarter (ending September 30) of $1.98 versus $1.32 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $6.31 compared to $5.15 a year ago.
Recent Price Action
On 10/22/24, Philip Morris International Inc (NYSE: PM) stock enjoyed a major increase of 10.5%, closing at $131.41. Moreover, trading volume in this advance was exceptionally high at 277% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
PM is expected to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Philip Morris is currently unrated.
Rating Review
The stock is currently unrated.
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