Watching Altria Group Inc. (MO) For Insider Activity

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Altria Group Inc. (NYSE:MO) finished Thursday with an addition of $0.02 to close at $45.87, an upside of 0.04 percent. An average of 6,309,180 shares of common stock have been traded in the last five days. There was a gain of $0.28 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 7,891,045 shares traded, while the 50-day average volume stands at 7,942,686.

MO stock has increased by 0.11% in the last month. The company shares reached their 1-month lowest point of $45.19 on 11/30/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $40.35 and a high of $57.05 in 52 weeks. It has reached a new high 18 times so far this year and lost -3.21% or -$1.52 in price. In spite of this, the price is down -19.60% from the 52-week high.


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Valuation Metrics

Altria Group Inc. (MO) has a trailing price-to-earnings (P/E) ratio of 17.82. The stock’s beta is 0.66. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.22, and the price-to-cash flow ratio at 53.58.

The company has a payout ratio of 141.40%. The company’s most recent quarterly dividend payment was $0.94 a share, without any change from last year. Its latest increase dividend $0.04 reported on Thursday August 25 2022.

Financial Health

The quick ratio of Altria Group Inc. for the three months ended September 29 was 0.40, and the current ratio was 0.50, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $13.99 billion compared to revenue of $26.01 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Altria Group Inc.’s return on assets was 12.50%.

Earnings Surprise

For the three-month period that ended September 29, Altria Group Inc. had $25.05 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $891.0 million in the quarter, while revenues of $1.96 billion were grew 206.85%. The analyst consensus anticipated Altria Group Inc.’s latest quarter earnings to come in at $1.3 per share, but it turned out to be $1.28, a -1.50% surprise. For the quarter, EBITDA amounted to $3.17 billion. Shareholders own equity worth $1.79 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Altria Group Inc. (MO) price momentum. RSI 9-day as of the close on 29 December was 44.16%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.82%.

As of today, MO’s price is $46.04 +0.61% or $0.28 from its 5-day moving average. MO is currently trading -1.52% lower than its 20-day SMA and +3.73% higher than its 100-day SMA. However, the stock’s current price level is +2.46% above the SMA50 and -11.00% below the SMA200.

The stochastic %K and %D were 36.67% and 42.14%, respectively, and the average true range (ATR) was 0.71. With the 14-day stochastic at 28.10% and the average true range at 0.75, the RSI (14) stands at 48.12%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.34.

Analyst Ratings

UBS downgraded Altria Group Inc. (NYSE: MO) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Altria Group Inc. (MO) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell MO, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.

What is MO’s price target for the next 12 months?

Analysts predict a range of price targets between $37.00 and $68.00, with a median target of $49.00. Taking a look at these predictions, the average price target given by analysts for Altria Group Inc. (MO) stock is $49.07.

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