The stock of Altria Group Inc. (NYSE:MO) decreased by -$0.2 on Monday to finish at $43.53, down -0.46 percent. The last five days have seen an average of 6,462,420 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$2.18. The average number of shares traded over the last 20 days was 6,973,645, while the average volume over the last 50 days totaled 7,412,932.
MO stock dropped -4.31% since last month. On 08/14/23, the company’s shares reached a one-month low of $43.44. The stock touched a high of $48.99 on 01/24/23, after rallying from a low of $40.35 in 52 weeks. The price of MO stock has declined by -4.77% or -$2.18 this year, reaching a new high 4 times. Still, the stock price is down -11.15% 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 11.44. Beta for the stock is 0.63. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.12, and the price-to-cash flow ratio of 9.04.
Company paid $0.94 per share in dividends, remained unchanged from $0.94 last year. A $0.04 dividend increase was reported on Thursday August 25 2022.
Financial Health
For the three months ended June 29, Altria Group Inc.’s quick ratio was 0.30, while its current ratio was 0.40, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 57.40% percent. Altria Group Inc.’s EBITDA margin for the year ended June 29 was 78.26%, whereas its operating margin stood at 46.60% for the same period. Based on annual data, it had gross profit of $14.25 billion and revenue of $25.1 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. MO’s return on assets (ROA) during the last 12 months has been 18.80%. There was a 45.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -171.10%.
Earnings Surprise
According to Altria Group Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.83 billion, while revenues fell by -35.55% to $4.29 billion. It was predicted that Altria Group Inc.’s quarterly earnings would be $1.31, but it ended up being $1.3, beating the consensus by 0.80%. EBITDA was $2.97 billion for the quarter. At the end of Altria Group Inc.’s most recent quarter ended June 29, its liabilities totaled 40.93 billion, while its total debt was $27.2 billion. Equity owned by shareholders amounts to $1.77 billion.
Technical Picture
Here’s a quick look at Altria Group Inc.’s (MO) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 19.67%, suggesting the stock is oversold, with a 6.57% historical volatility rate.
The stochastic %K and %D were 5.11% and 9.49% respectively, while the average true range (ATR) was 0.53. Based on the 14-day stochastic reading of 3.25%, the RSI (14) reading is 28.67%. On the 9-day MACD Oscillator, the stock is at -0.33, and the 14-day reading is at -0.83.
Analyst Ratings
Analysts have assigned Altria Group Inc. (MO) an Hold rating. MO is a stock that is recommended for selling by 2 brokerage firms, while 10 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is MO’s price target for the next 12 months?
The current consensus forecast for the stock is between $37.00 and $70.00, with a median target price of $49.00. In analyzing these forecasts, the average price target given by analysts for Altria Group Inc. (MO) is $49.44.
