Altria Group Inc (NYSE: MO) has reported earnings for its third fiscal quarter (ending September 30) of $1.34 versus $1.22 for the same period a year ago — an increase of 10%. For the latest four quarters through September 30, E.P.S. were $5.91 compared to $4.90 a year ago — an increase of 21%.
Recent Price Action
Altria Group Inc (NYSE: MO) stock enjoyed a very large increase of 7.8% on 10/31/24. The shares closed at $54.46. Moreover, trading volume in this advance was exceptionally high at 321% of normal. The stock has risen 9.4% during the last week and has been exceptionally strong 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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