Philip Morris International (PM) has demonstrated robust performance with a string of gains, hitting an all-time high driven by strong demand for its smoke-free products. The smoke-free business now constitutes 39% of the revenue, indicating a significant shift in the company’s strategy given the global decrease in traditional smoking. The leading tobacco company is also leveraging pricing to drive earning per share growth for 2025. ZYN, a smoke-free nicotine pouch, is expanding, playing a crucial role in uplifted profit forecasts. Dividends remain strong with the company declaring a regular quarterly dividend of $1.35 per share multiple times.
Despite the exceptional performance, some believe the stock is undervalued by 28%. Industry experts highlight PM as a stable low-risk and low-volatility option, and an attractive dividend stock. However, the company has seen a minor decline set against shifting market dynamics. It's worth noting that PMI's earnings have decreased over the past five years, but shareholders have seen an increased total return of 166% over the same period. Overall, the outlook for PM remains positive for 2025.
Philip Morris International PM News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 21 Jun 2025 00:43:00 GMT - Rating 6 - Innovation 8 - Information 8 - Rumor -4
