Tobacco and nicotine products company British American Tobacco (BTI 0.48%) recently said it had repurchased 150,000 shares of stock at an average price of about $32. Companies repurchase their stock all the time; once purchased, it's taken out of circulation, which reduces the number of shares outstanding. Many companies routinely repurchase shares, regardless of the stock's valuation. However, prudent management teams will consider the stock's valuation to ensure the repurchases are as effective as possibl ...

Source: Kristi Blokhin / Shutterstock.com Altria's forward price-to-earnings ratio of 8.97x might seem average. However, reinvigorated growth paired with its forward dividend yield of 8.61% speaks volumes. The stocks of iconic brands are en masse. However, the informational asymmetry linked to the financial markets means that few are undervalued. Methodologically, my screening process emphasized fundamental attributes, valuation multiples, technical analysis, and event-driven aspects. Moreover, I ensured th ...

British American Tobacco has a huge yield, but it also has a huge problem. Investors should probably temper their expectations. Could that high yield present an opportunity for investors who want to achieve millionaire status by retirement? From a big-picture point of view, British American Tobacco is trying to milk a cash cow business so that it can build up newer businesses to replace it. Along the way, it is pumping out cash to investors via dividends, too, so they stick around. This is a difficult balan ...

The current interest rate environment has imposed a downward pressure on asset valuations across the board. This is a quite mathematical consequence, where higher risk-free rate increases the discount rate, which, in turn, decreases the result that stems from discounted future cash flows. This dynamic has strongly played out for duration heavy asset classes such as fixed income, real estate and equities that exhibit relatively fixed income streams (e.g., that are backed by long contracts that limit a meanin ...

British American Tobacco PLC BTI stock is turning heads on Wall Street with a classic bullish signal approaching: the Golden Cross. The Golden Cross is just one of several technical metrics supporting a bullish stance on British American Tobacco. The stock is currently trading at $32.13, well above its 5, 20, and 50-day exponential moving averages (EMAs). This positioning indicates a strong bullish trend, reinforced by slight buying pressure in the market. Fueling the Fire: BTI's Bold Buyback This move is a ...

In that light, British American Tobacco looks like a safe stock for value-focused and income investors at current prices. Crackdown on illegal vaping products With Phillip Morris International unable to meet consumer demand for its nicotine pouches, expect British American Tobacco's rival product to gain market share. British American Tobacco: Betting on the future of nicotine Given the Zyn shortages around the country, many consumers might switch to the British American Tobacco brand instead. Velo sales gr ...

Early this year I issued an article on British American Tobacco (NYSE:BTI) arguing that the multiple is so low that it provides an inherent safety in terms of keeping the downside risk limited. Plus, the argument was that so depressed multiple warrants a very enticing entry point for investors to capture high yielding dividend streams. In addition, looking at the underlying business profile it was clear that the business is at a much safer position than what could be implied by the multiple (i.e., P/FCF of ...

Still, with thousands of publicly traded opportunities available, there are compelling hidden gems that occasionally sprout up. We're talking about companies that offer high yields – more than 7% — and yet are tied to relevant businesses. If you're ready to take the risk, below are three high-yield dividend stocks to consider. Not everything is so enticing about RIO stock, I must say. In particular, Rio only pays out on a semi-annual basis. Therefore, it's not the best platform if you're seeking to pay your ...

When I last covered British American Tobacco (NYSE:BTI) the major tobacco player had just recently announced a substantial write-down in some of its businesses leading to a fairly steep decline in the share price. Since then, the share price has only improved marginally and remains quite low as concerns remain over the future of tobacco and the persistent decline in volumes in its traditional cigarette business. However, BTI has continued to see strong growth in its new generation products segment and recen ...

There is a changing regulatory landscape for the burgeoning U.S. nicotine market. New nicotine products have taken the United States by storm in the last decade. These include e-vapor devices (vapes) and nicotine pouches. Traditional tobacco companies have invested and acquired start-ups in the space with mixed success. In recent years, the vaping sector has been disrupted by disposable devices, mainly from foreign countries. Even though these products are not approved by the U.S. government and are technic ...