Published: Tue, May 15, 2018
Markets | By Otis Pena

Philip Morris International (PM) Rating Lowered to Buy at Goldman Sachs


The company has a debt-to-equity ratio of -2.82, a current ratio of 1.16 and a quick ratio of 0.68. The ratio has increased, as 162 investment managers increased or started new positions, while 158 cut down and sold their holdings in CDW Corp. Abner Herrman & Brock Llc sold 15,683 shares as Philip Morris International In (PM)'s stock declined 7.57%. Bank of America dropped their price objective on shares of Philip Morris International from $115.00 to $113.00 and set a "neutral" rating on the stock in a research note on Friday, February 9th. It was last traded at $80.86 apiece. About 208,484 shares traded. Philip Morris International had a net margin of 7.50% and a negative return on equity of 72.40%. It has underperformed by 25.48% the S&P500.

More notable recent Philip Morris International Inc. Finally, Jefferies Group upgraded Philip Morris International from a hold rating to a buy rating and set a $124.00 price target on the stock in a report on Friday, January 19th. Cibc Bank USA boosted its stake in shares of Philip Morris International by 1.1% in the fourth quarter.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 8th. Moreover, Busey Trust Com has 0.1% invested in Philip Morris International Inc.

According to Finviz reported data, The SMA20 of the stock is at -5.82 percent, SMA50 is -15.3 percent, while SMA200 is -23.14 percent. Comparatively, PM posted earnings of $1.35 per share in the same quarter, a year earlier. As PM has a P/S, P/E and P/B estimations of 4.26, 16.63 and 0 separately. The company's revenue for the quarter was up 19.0% compared to the same quarter last year. research analysts anticipate that Philip Morris International will post 5.25 earnings per share for the current year. The insider Zielinski Miroslaw bought $489,360.

Philip Morris International Inc, through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. (NYSE:PM) on Wednesday, February 21. Also, insider Marc S. Firestone sold 13,650 shares of the company's stock in a transaction dated Thursday, February 22nd.

Supreme Court acquits Navjot Singh Sidhu in 1988 road rage case
Sidhu, who joined the Indian National Congress in 2017, was convicted under Section 323 (causing hurt) of the India Penal Code. There is not a single evidence that suggests that the cause of death was a cardiac arrest and not brain haemorrhage.


In related news, insider Jerry Whitson purchased 3,000 shares of the business's stock in a transaction dated Wednesday, April 25th. Philip Morris International Inc. Over the past week, McDonald's Corporation (NYSE:MCD) shares have performed 0.22%.

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.14, from 0.97 in 2017Q3. (NYSE:PM). Westwood Holdings reported 2,594 shares stake. 109 funds opened positions while 493 raised stakes. For Philip Morris International Inc., specifically, the RSI metric has reached 30.29. (NYSE:PM) shares were sold by CALANTZOPOULOS ANDRE. The Price to Sales (P/S) ratio of the stock is 4.31, while P/B (Price to Book) stands at 0. Nwq Invest owns 977,525 shares for 0.04% of their portfolio. Lincoln Limited Co stated it has 2,981 shares. Quinn Opportunity Prns Limited Com holds 84,430 shares. 2,800 are held by Argyle Capital Management. Glob X Co Ltd Co invested 0% of its portfolio in CVR Partners, LP (NYSE:UAN). Philip Morris International Inc. (NYSE:PM) for 42,677 shares. After a recent examination, this company's shares' first resistance level is sitting at 82.47. Barton Mgmt owns 0.16% invested in Philip Morris International Inc. Front Row Advisors LLC acquired a new stake in shares of Philip Morris International in the fourth quarter valued at $118,000. Raymond James Assoc owns 29,979 shares. Facebook Inc (NASDAQ:FB) was raised too.

Philip Morris International, Inc. was covered by a number of analysts recently, 6 rated the stock as Buy, 6 rated Outperform, 5 rated Hold, 1 gave an Underperform and 0 rated sell. Therefore 76% are positive.

Productivity proportions: Investigating the productivity proportions of Philip Morris International Inc. stock, the speculator will discover its ROE, ROA, ROI remaining at -50%, 14.4%, and 39.5%, individually. The stock's average target of $81.60 is 3.87% above today's ($78.56) share price. Philip Morris had 16 analyst reports since November 15, 2017 according to SRatingsIntel. Deutsche Bank initiated Philip Morris International Inc. (NYSE:PM) has "Buy" rating given on Friday, October 20 by Cowen & Co. Deutsche Bank has "Buy" rating and $12000 target. JP Morgan maintained the shares of PM in report on Tuesday, April 19 with "Neutral" rating. This short time frame picture represents a downward movement of current price over average price of last 20 days. The firm has "Buy" rating given on Thursday, March 22 by Needham. Goldman Sachs upgraded the stock to "Buy" rating in Monday, September 12 report. Finally, Legacy Capital Partners Inc. lifted its holdings in shares of Philip Morris International by 3.7% in the third quarter. The firm has "Buy" rating given on Friday, August 18 by Piper Jaffray. Ledyard National Bank now owns 20,224 shares of the company's stock worth $2,137,000 after buying an additional 464 shares during the period. Inc. boosted its stake in Philip Morris International by 3.3% during the fourth quarter. The New York-based Sandhill Capital Partners Llc has invested 3.31% in the stock. Greenwich Management, a Connecticut-based fund reported 22,249 shares. Looking at stock performance for the past six months, shares are -21.23%. About 240,301 shares traded.

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