Philip Morris International (PM) continues its pursuit towards a
smoke-free future, bolstered by robust full-year earnings and Q1 results that exceeded market expectations. A rise in
demand for heated tobacco sticks, perhaps due to the company's strategic
Zyn product, contributed to this favourable performance. Ongoing market optimism is evident in the stock's substantial
three-year 40% return. However, investors have raised concerns about the company's
CEO compensation, suggesting the remuneration doesn't reflect corporate performance. Nevertheless, despite the 7% fall, the stock is considered by analysts as promising with potential for
double-digit upside. Strategic
SWOT analysis of PM points to a positive long-term outlook, countering the notion of the company being undervalued at a 44% discount. Lastly, a potential near-term launch of its
flagship heated tobacco device in Texas underscores PM's revitalized focus on
reduced-risk products.
Philip Morris International PM News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 14:45:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 6
