Altria Group Inc. (NYSE:MO) saw an upside of 0.27% to close Tuesday at $44.24 after adding $0.12 on the day. The 5-day average trading volume is 8,675,080 shares of the company’s common stock. It has gained $45.06 in the past week and touched a new high 1 time within the past 5 days. An average of 6,692,725 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,579,188.
MO’s 1-month performance is -1.58% or -$1.74 on its low of $43.72 reached on 08/08/23. The company’s shares have touched a 52-week low of $40.35 and high of $48.99, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, MO has lost -3.22% or -$1.47 and has reached a new high 4 times. However, the current price is down -9.70% from the 52-week high price.
Valuation Metrics
MO stock has a beta of 0.63. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.18 while the price to cash flow ratio at 41.76.
Altria Group Inc.’s quick ratio for the period ended June 29 was 0.30, with the current ratio over the same period at 0.40.. In terms of profitability, the gross margin trailing 12 months is 57.40%. The trailing 12-month EBITDA margin is 78.26% while for the period ending June 29, Altria Group Inc.’s operating margin was 46.60%. The firm’s gross profit as reported stood at $14.25 billion against revenue of $25.1 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 57.91% to $2.12 billion, while revenue of $1.79 billion was 15.59% off the previous quarter. Analysts expected MO to announce $1.18 per share in earnings in its latest quarter, but it posted $1.19, representing a 0.80% surprise. EBITDA for the quarter stood at more than $2.97 billion. MO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 40.93 billion, with total debt at $27.2 billion. Shareholders hold equity totaling $1.77 billion.
Let’s look briefly at Altria Group Inc. (MO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 30.14% to suggest the stock is trending Neutral, with historical volatility in this time period at 7.45%.
The stock’s 5-day moving average is $44.25, reflecting a -2.08% or -$0.94 change from its current price. MO is currently trading -3.07% above its 20-day SMA, -5.61% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.96% and SMA200 by-0.96%.
Stochastic %K and %D was 11.19% and 10.11% and the average true range (ATR) pointed at 0.57. The RSI (14) points at 36.71%, while the 14-day stochastic is at 20.72% with the period’s ATR at 0.57. The stock’s 9-day MACD Oscillator is pointing at -0.65 and -0.94 on the 14-day charts.
