As of Thursday close, Altria Group Inc.’s (NYSE:MO) stock was down -$0.18, moving down -0.42 percent to $42.57. The average number of shares traded per day over the past five days has been 7,007,200 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.35 fall in that time frame. In the last twenty days, the average volume was 7,112,930, while in the previous 50 days, it was 7,400,568.
Since last month, MO stock retreated -6.19%. Shares of the company fell to $42.46 on 08/17/23, the lowest level in the past month. A 52-week high of $48.99 was reached on 01/24/23 after having rallying from a 52-week low of $40.35. Since the beginning of this year, MO’s stock price has dropped by -6.87% or -$3.14, and marked a new high 4 times. However, the stock has declined by -13.10% since its 52-week high.
Valuation Metrics
Right now, Altria Group Inc. (MO) has a P/E ratio of about 11.18. The stock’s beta is 0.63.
The latest dividend of $0.94 per share was paid out, remained unchanged from last year’s $0.94. On Thursday August 25 2022, a $0.04 dividend increase was announced.
Financial Health
In the three months ended June 29, Altria Group Inc.’s quick ratio stood at 0.30, while its current ratio was 0.40, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 57.40% percent. In the year ended June 29, EBITDA margin amounted to 78.26%, whereas operating margins totaled 46.60%. Based on annual data, MO earned $14.25 billion in gross profit and brought in $25.1 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 45.30%. Return on equity (ROE) for the past 12 months was -171.10%.
In Altria Group Inc.’s quarter-end financial report for June 29, it reported total debt of $24.07 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MO’s revenue fell -35.55% to $4.29 billion during the quarter, while net income inched up to $4.83 billion. While analysts expected Altria Group Inc. to report $1.3 quarterly earnings, the actual figure was $1.31 per share, beating the consensus estimate by 0.80%. During the quarter, the company generated $2.97 billion in EBITDA. The liabilities of Altria Group Inc. were 40.93 billion at the end of its most recent quarter ended June 29, and its total debt was $27.2 billion. The value of shareholders’ equity is $1.77 billion.
Technical Picture
This quick technical analysis looks at Altria Group Inc.’s (MO) price momentum. With a historical volatility rate of 5.65%, the RSI 9-day stood at 11.76% on 17 August.
With respect to its five-day moving average, the current Altria Group Inc. price is down by -3.07% percent or -$1.35. At present, MO shares trade -6.77% below its 20-day simple moving average and -3.18% percent below its 100-day simple moving average. However, the stock is currently trading approximately -4.68% below its SMA50 and -8.08% below its SMA200.
Stochastic coefficient K was 2.03% and Stochastic coefficient D was 2.45%, while ATR was 0.53. Given the Stochastic reading of 2.93% for the 14-day period, the RSI (14) reading has been calculated as 20.91%. As of today, the MACD Oscillator reading stands at -0.76, while the 14-day reading stands at -1.17.
Analyst Ratings
Altria Group Inc. (MO) has been rated Hold by analysts. According to 2 brokerage firms, MO is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Altria Group Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $49.00, the current consensus forecast for the stock is $37.00 – $70.00. Based on these forecasts, analysts predict Altria Group Inc. (MO) will achieve an average price target of $49.44.
