Momentum at
Philip Morris International PM is in high gear, with the company maintaining a consistent quarterly dividend of
$1.35 per share, while pursuing its smoke-free transition. This strategy has been positively reflected in the stock performance, hitting new all-time highs and generating a
50% surge YTD as of May 27, 2025. The company's smoke-free products now account for
39% of revenue, depicting a shift in business paradigm. Barclays has increased the target price to
$220, reinforcing the positive sentiment. Notably, Philip Morris had a strong Q1 2025, with an upgraded full-year adjusted diluted EPS forecast. An investment from a billionaire and being named one of the best stock picks underlines the all-around optimism. However, potential investors should review the five-year decline in earnings and Wall Street Zen's downgrade to 'Hold'. Overall, Philip Morris seems to be on a solid growth trajectory, especially with smoke-free products such as ZYN gaining favor among consumers.
Philip Morris International PM News Analytics from Fri, 13 Dec 2024 08:00:00 GMT to Sat, 14 Jun 2025 07:24:50 GMT -
Rating 8
- Innovation 6
- Rumor -6
