Philip Morris International has been outlined as a strong investment by a number of brokers, despite experiencing inconsistent performance when compared to its competitors. The company’s noteworthy transition to
smoke-free products, such as heated-tobacco sticks and Zyn nicotine pouches, has generally met positive responses from investors and has even lead to them outperforming traditional products such as Marlboros. However, the company's decision to cut its full-year profit guidance led to a decrease in stock value. Despite this, analysts still see potential in the stock, citing various opportunities for potential growth, including its
strong Q1 results and strategic
SWOT insights.
Dividend yields of 5.6% continue to impress stakeholders, with regular
quarterly dividends being declared. Those with bearish views cast doubts on PMI's CEO compensation and are wary of the overstated rally. Amid this mix, however, PMI sets a new 1-year high share price at $100.74.
Philip Morris International PM News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sun, 19 May 2024 16:04:30 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor -3
