Philip Morris International Inc. has seen competitive outperformance on certain trading days, with declared regular quarterly dividend of $1.30 Per Share. Its shares have crossed the 5% Yield Mark, and it was ranked high on Forbes' 2024 Net Zero Leaders List. An investment by CenterBook Partners, the company's 2024 Earnings Outlook and strong performance despite currency impacts, its regular quarterly dividend, and presence at Deutsche Bank Global Consumer Conference were notable. The company's stock experienced growth, hitting a new 52-Week High at $104.60. The stock has been performing well with its first quarter 2024 Earnings beating revenue expectations but EPS lagging behind. With a focus on smoke-free future, Philip Morris stands out with Zyn-tastic Q1 results, following its acquisition of a Minority stake in Eastern Company. Critics, however, feel the sentiment is still eluding the stock. PMI's heated tobacco device is set to launch in Texas, implying a positive consensus for the brand's smoke-free strength. Despite facing a key test with US heated tobacco push, the stock presents as a valuable investment option, with Wall Street Analysts marking a 24% upside. The recent success of heated-tobacco devices has surpassed traditional Marlboro products pointing towards a smokeless future.
Philip Morris International PM News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sat, 08 Jun 2024 18:10:18 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2