Somewhat Positive News Coverage Somewhat Unlikely to Affect Philip Morris International (PM) Stock Price

Media headlines about Philip Morris International (NYSE:PM) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Philip Morris International earned a news impact score of 0.10 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0891741995665 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

PM has been the subject of several analyst reports. Zacks Investment Research cut shares of Philip Morris International from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Piper Jaffray Companies reissued a “buy” rating and issued a $130.00 price target on shares of Philip Morris International in a research note on Sunday, October 22nd. Goldman Sachs Group raised shares of Philip Morris International from a “buy” rating to a “conviction-buy” rating and set a $135.00 price target for the company in a research note on Thursday, September 28th. Wells Fargo & Co reissued an “outperform” rating and issued a $140.00 price target on shares of Philip Morris International in a research note on Tuesday, October 10th. Finally, Jefferies Group reissued a “hold” rating and issued a $120.00 price target on shares of Philip Morris International in a research note on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. Philip Morris International has a consensus rating of “Hold” and a consensus target price of $124.23.

Philip Morris International (NYSE PM) traded up $0.10 during trading hours on Friday, hitting $104.81. 2,376,700 shares of the company were exchanged, compared to its average volume of 4,149,329. The company has a debt-to-equity ratio of -2.91, a current ratio of 1.13 and a quick ratio of 0.68. The stock has a market cap of $162,635.88, a PE ratio of 23.14, a P/E/G ratio of 2.12 and a beta of 0.90. Philip Morris International has a 1 year low of $89.97 and a 1 year high of $123.55.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Thursday, October 19th. The company reported $1.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.38 by ($0.11). The company had revenue of $7.50 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Philip Morris International had a negative return on equity of 67.59% and a net margin of 9.32%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.25 EPS. equities analysts predict that Philip Morris International will post 4.75 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 11th. Investors of record on Thursday, December 21st will be given a dividend of $1.07 per share. The ex-dividend date of this dividend is Wednesday, December 20th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.08%. Philip Morris International’s payout ratio is currently 94.48%.

In related news, Chairman Louis C. Camilleri sold 108,979 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $108.38, for a total transaction of $11,811,144.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company 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.

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