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Better Dividend Stock: Philip Morris or Verizon Communications?
The Motley Fool· 2024-06-25 12:15
Which of these blue chip dividend stocks is the better buy?Dividend stocks have accounted for the vast majority of returns in the stock market since the start of the 20th century. Consequently, it is imperative to have at least a few top dividend payers in a well-rounded portfolio.Which dividend stocks are worth considering? Tobacco giant Philip Morris (PM 1.95%) and U.S. wireless titan Verizon Communications (VZ 2.31%) are two of the most popular high-yield dividend stocks in the market today. Here is a he ...
5% Yield: Philip Morris Is A Smokin' Deal In A Tricky Market
Seeking Alpha· 2024-06-21 15:14
GeorgePeters Introduction Generally speaking, when a stock price history looks like this, I quickly lose interest: Data by YCharts However, when the total return (capital gains + dividends) chart looks like this, I'm interested again: Data by YCharts As the title of this article and the charts above gave away, we're talking about Philip Morris International (NYSE:PM), the spin-off from Altria (MO), which I recently discussed in this article. In this article, I refer to it as PM (its ticker) and PMI (its ...
Zyn Sales Suspended: Philip Morris Halts Zyn Online Sales Following Subpoena
Investor Place· 2024-06-18 14:44
Philip Morris (NYSE:PM) stock is a hot topic on Tuesday as a subpoena from the Attorney General of the District of Columbia has suspended online sales of Zyn.Zyn sales being suspended online is a cautionary move by Philip Morris as it investigates the matters connected to the subpoena. That includes confirmed online sales of the flavored nicotine pouches in the D.C. area.This matters as D.C. is one of the regions in the U.S. that has a ban on the sale of flavored nicotine products. SMNA, an affiliate of Phi ...
Philip Morris International Inc. (PM) 2024 Deutsche Bank Global Consumer Conference (Transcript)
2024-06-04 20:17
Financial Data and Key Metrics Changes - The company expects strong performance for 2024, confirming solid growth in Q2 and strong organic performance for H1 in terms of revenue and adjusted EPS evolution [3][8] - The adjusted EPS growth guidance has been revised upward to between 9% and 11% before ForEx impact, with reported growth expected to be between 4.2% and 6.2% [8][9] - The company is targeting a volume of around 560 million cans for ZYN in the US in 2024, with plans for a new production location in 2025 [6] Business Line Data and Key Metrics Changes - The smokefree portfolio, particularly IQOS, continues to show strong momentum, with over 10% growth in Japan and emerging growth in markets like Germany, Spain, and Mexico [4][5] - ZYN has experienced significant growth in the US, with Q1 growth close to 80%, although supply tensions are being addressed to improve availability [6][7] - The combustible business remains resilient, with Q1 volume almost flat and strong pricing power, targeting a price increase of 6% to 7% for 2024 [7][8] Market Data and Key Metrics Changes - The heat-not-burn category, particularly in Japan, has gained over 50% market share when combined with combustibles, indicating strong market potential [14][15] - Emerging markets such as Indonesia and Egypt are showing promising traction for IQOS, while ZYN is also gaining traction in various countries [5][21] Company Strategy and Development Direction - The company aims to leverage its combustible business to maximize the impact on smoke-free product growth, maintaining leadership in combustibles to facilitate this transition [31][42] - The focus is on organic growth, with no immediate plans for significant M&A following the Swedish Match acquisition, emphasizing the optimization of existing portfolios [49][50] - The company has been recognized as a leader in reducing greenhouse gas emissions, highlighting its commitment to sustainability [11] Management's Comments on Operating Environment and Future Outlook - Management believes the nicotine market is evolving, with a shift towards less risky products, and sees potential for growth in the smoke-free category [36][38] - The company acknowledges the challenges posed by currency fluctuations but is focused on delivering performance in dollar terms through pricing and cost management [9][56] - There is confidence in the long-term growth trajectory of the smoke-free category, with expectations of continued expansion despite the decline of combustibles [38][64] Other Important Information - The company is actively engaging with lenders to support its transformation towards smoke-free products, indicating a positive outlook for raising capital [44][45] - Share buybacks are under consideration, contingent on maintaining a healthy net debt to EBITDA ratio and reflecting the company's value [47] Q&A Session All Questions and Answers Question: Can you talk about ILUMA and its impact on market share in Japan? - ILUMA has provided a boost to market share and growth in Japan due to its superior quality and user experience, contributing to the heat-not-burn category's success [12][13] Question: How does the company view competition in the heat-not-burn category? - The heat-not-burn category is distinct from vaping, requiring significant R&D investment and technology, making it difficult for new entrants to penetrate [18][20] Question: What is the potential size of the nicotine pouch category? - The nicotine pouch category currently represents 3% to 4% of the nicotine market in the US, with potential to grow to 10%, 15%, or even 20% in the future [25] Question: How does the company plan to manage its combustible business? - The strategy is to leverage the combustible business to support the growth of smoke-free products while maximizing pricing capacity [31][32] Question: What is the company's stance on share buybacks? - Share buybacks are considered when within the established financial framework, with a focus on organic growth and maintaining financial health [47][49] Question: How does the company view the impact of the dollar on its operations? - The company is focused on growing its US dollar business to mitigate currency volatility while also exploring growth opportunities in other markets [53][56]
Philip Morris: Undervalued Growth Stock At An Inflection Point
Seeking Alpha· 2024-06-03 14:00
bleex Philip Morris International Inc. (NYSE:PM) is the world's largest publicly traded tobacco company, engaged in the manufacture and marketing of tobacco and related nicotine products. Originally founded in 1847, Philip Morris International (hereafter referred to as PMI) is now a $155 billion (by market cap) global tobacco and nicotine behemoth that employs more than 80,000 people. FY 2023 revenue can be broken down mainly geographically: Europe, 38%; South and Southeast Asia, Commonwealth of Independent ...
Philip Morris: Heavily Discounted With Potential Double-Digit Upside
seekingalpha.com· 2024-05-20 05:59
Tatyana Berkovich Overview As an investor who values the income generated from my portfolio, high-yielding stocks like Philip Morris (NYSE:PM) are a must-have within my portfolio. This is because of the attractive nature of the qualified dividend distribution and the cash flow heavy business. I initially covered PM at the beginning of the year in January, and since then, the price has surpassed my price target of $96 per share. However, we can see that Philip Morris experienced the least amount of total ret ...
Philip Morris International: The Smoke-Free Future Is Now Here
seekingalpha.com· 2024-05-17 20:38
The exterior of an IQOS store. noel bennett As a dividend growth investor, the future of my investments is what matters to me most. This is because achieving my financial goals hinges on making my money work very hard for me. Paradoxically, I find that seeing the future requires going back into the past and working my way to the present day. That can allow me to judge the trajectory of a company's corporate culture. When a business maintains a culture of innovation and responsiveness to its customers, it al ...
Is Trending Stock Philip Morris International Inc. (PM) a Buy Now?
Zacks Investment Research· 2024-05-02 14:01
Philip Morris (PM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this seller of Marlboro and other cigarette brands have returned +5.6% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Tobacco industry, to which Philip Morris belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be head ...
IQOS Helps Philip Morris Navigate Well In Q1
Forbes· 2024-04-29 13:00
MADRID, SPAIN - 2023/10/24: Pedestrians walk past the heated tobacco and electronic cigarette ... [+] products brand and manufactured by Philip Morris International (PMI), IQOS, seen in Madrid. (Photo by Xavi Lopez/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPhilip Morris (NYSE: PM) recently reported its Q1 results, with revenues and earnings above the street estimates. The company reported revenue of $8.8 billion and adjusted earnings of $1.50 per share, compared to the ...
Philip Morris Stock Has 24% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-28 22:24
Its products might be controversial, but the company has many admirers in the investment community.Despite their reputation as "sin stocks," tobacco company shares have historically enjoyed rather wide popularity among investors. Many investors like them because of their high margins, robust cash flow, and the high dividends they typically pay. That outsized interest helps explain why more than a few analysts are bullish on the sector.Tobacco industry mainstay Philip Morris International (PM -1.11%) was the ...