Investors are always looking for stocks that are poised to beat at earnings season and Philip Morris International Inc. (PM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Philip Morris International is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date informatio ...

In its upcoming report, Philip Morris (PM) is predicted by Wall Street analysts to post quarterly earnings of $1.40 per share, reflecting an increase of 1.5% compared to the same period last year. Revenues are forecasted to be $8.45 billion, representing a year-over-year increase of 4.4%.The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initia ...

numismarty/iStock via Getty Images PM is undervalued The thesis of this article is to explain the risks hidden behind Philip Morris International Inc.'s (NYSE:PM) dividend yield. The chart below summarizes consensus ratings of the stock's dividend grades and compares them to the sector median. As seen, PM's dividend yield across all metrics receives an A grade. It is currently yielding almost ~6% (5.85% on an FWD basis to be exact), far higher than its 4-year average dividend yield of 5.41% and also the sec ...

This company is making all the right moves. But will shareholders be rewarded?Analysts estimate that millions of people die prematurely around the globe every year from habitual cigarette usage. This has been an issue for over a century, which is why people and governments are consistently working to reduce smoking levels among the global population. But what if I told you the largest driver of cigarette reduction today is one of the world's largest tobacco companies? Enter Phillip Morris International (PM ...

Philip Morris International Inc. (PM) has been benefiting from its focus on a smoke-free transition amid consumers’ rising inclination toward reduced-risk products (RRPs). Markedly, smoke-free products generated 39.3% of the company’s net revenues in the fourth quarter of 2023. Philip Morris aims to generate more than two-thirds of its total revenues from smoke-free products by 2030.Apart from this, the company enjoys pricing power as although higher pricing might lead to a possible decline in cigarette con ...

Baloncici/iStock Editorial via Getty Images Philip Morris International (NYSE:PM) is a well-run tobacco firm that makes continual gains in the smoke-free product segment. Philip Morris is seeing strong growth for its heated tobacco and electronic cigarette products, and the company has laid out ambitious growth targets to expand its tobacco-free product segments to a two-third revenue share by the end of the decade. Since Philip Morris is growing its profits in the smoke-free segment especially fast, a ...

Core Viewpoint - Philip Morris International presents an attractive investment opportunity due to its strong growth potential in smokeless products and a high dividend yield [1][8]. Group 1: Smokeless Opportunities - The company has successfully grown its combustible cigarette business internationally, achieving a 5.5% organic sales growth in 2023, driven by an 8.9% price increase [2]. - Smokeless products, particularly Zyn and Iqos, are key growth drivers, with Zyn experiencing a 62% volume growth in the U.S. in Q4 2023 [3]. - Iqos has also seen significant growth, ending 2023 with 28.6 million users, an increase of 3.7 million from the previous year [3]. - Zyn's unit economics are six times better than cigarettes, while Iqos has two times better unit economics, contributing over 39% to the company's revenue in Q4 [4]. - The company plans to test Iqos in the U.S. after acquiring rights from Altria, with a test launch in Austin, Texas, pending FDA approval [4][5]. Group 2: Attractive Dividend - Philip Morris International offers a 5.6% dividend yield, having increased its dividend by over 180% since its spin-off from Altria in 2008, reaching $5.20 per share [6]. - The company generated $9.2 billion in operating cash flow in 2023 and expects to produce $10 billion to $11 billion in 2024, indicating strong dividend coverage [6]. - The company aims to reduce its leverage from 3x to 2x by the end of 2026, which may lead to larger dividend increases in the future [7]. Group 3: Stock Valuation - The stock trades at a forward P/E of just over 14x, one of its lowest valuations in recent years, making it an attractive buy given its growth prospects and high dividend yield [10].

Philip Morris is planning to launch IQOS in the U.S.More than any of the big three tobacco stocks, which includes Altria (MO -1.89%) and British American Tobacco (BTI -0.73%), Philip Morris International (PM -0.89%) has found success in next-gen, heated-tobacco products.In 2023, 36.4% of its adjusted-net revenue came from smoke-free products, up from 32.1% in 2022, and most of those sales came from IQOS, its heat-not-burn product, which now has 28.6 million users out of its total of 33 million smoke-free pr ...

Global tobacco giant Philip Morris International (PM -0.66%) has been stuck in the mud for five years. The stock has zigged-zagged up and down, but it currently sits roughly where it did in 2019.But that could soon change. The company has been working hard to develop and acquire its next-generation products to drive the growth needed to take the stock to new heights.Want to know more? Here's why Philip Morris is a smoking-hot buy today.Next-generation growthPhilip Morris cut its teeth selling Marlboro cigar ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Philip Morris (PM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Philip Morris International cu ...