Core Insights - Philip Morris International Inc. (PM) is a leading global tobacco and nicotine company with a market cap of $279.3 billion, transitioning from traditional cigarettes to smoke-free alternatives like the IQOS heated tobacco system [1] Performance Summary - PM stock has outperformed the broader market over the past 52 weeks, surging 37.7% compared to the S&P 500 Index's 14.3% gain [2] - Year-to-date, PM shares are up 11.9%, while the S&P 500 has only increased by 1.4% [2] - PM stock has also outpaced the State Street Consumer Staples Select Sector SPDR Fund (XLP), which saw a 4.7% increase over the past 52 weeks [3] Dividend and Earnings Outlook - On December 22, PM shares rose by 1.8% following the announcement of a quarterly dividend of $1.47 per share [5] - For FY2025, analysts project PM's earnings per share (EPS) to grow by 14.3% year-over-year to $7.51, with a strong earnings surprise history [5] - The consensus rating among 14 analysts covering PM is a "Moderate Buy," consisting of eight "Strong Buy" ratings, two "Moderate Buys," and four "Holds" [5] Analyst Ratings and Price Targets - Recently, Jefferies analyst Edward Mundy downgraded PM from "Buy" to "Hold" and reduced the price target from $220 to $180 [7] - The mean price target of $183.33 suggests a potential upside of 2.2%, while the highest price target of $200 indicates an upside of 11.5% from the current price [7]
Philip Morris Stock: Analyst Estimates & Ratings