Altria Group Inc. (NYSE: MO) on Monday, plunged -2.38% from the previous trading daybefore settling in for the closing price of $52.96. Within the past 52 weeks, MO’s price has moved between $39.06 and $54.95.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 0.91%. The company achieved an average annual earnings per share of 3.13%. With a float of $1.70 billion, this company’s outstanding shares have now reached $1.76 billion.
Considering the fact that the conglomerate employs 6400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.26%, operating margin of 58.19%, and the pretax margin is 63.37%.
Altria Group Inc. (MO) Breakdown of a Key Holders of the stock
Observing investor behavior towards Tobacco industry stocks is more important than anything else. The insider ownership of Altria Group Inc. is 0.14%, while institutional ownership is 60.18%. The most recent insider transaction that took place on May 02 ’24, was worth 988,360. In this transaction Sr. VP, Chief HR Off. & CCO of this company sold 22,487 shares at a rate of $43.95, taking the stock ownership to the 173,485 shares. Before that another transaction happened on Nov 06 ’23, when Company’s Director bought 1,200 for $40.50, making the entire transaction worth $48,599. This insider now owns 8,473 shares in total.
Altria Group Inc. (MO) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.17 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.18) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.84% during the next five years compared to 4.39% growth over the previous five years of trading.
Altria Group Inc. (NYSE: MO) Trading Performance Indicators
Altria Group Inc. (MO) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.35. Likewise, its price to free cash flow for the trailing twelve months is 10.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.80, a number that is poised to hit 1.35 in the next quarter and is forecasted to reach 5.31 in one year’s time.
Technical Analysis of Altria Group Inc. (MO)
Compared to the last year’s volume of 10.24 million, its volume of 8.04 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.48%. Additionally, its Average True Range was 0.76.
During the past 100 days, Altria Group Inc.’s (MO) raw stochastic average was set at 74.10%, which indicates a significant increase from 2.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.46% in the past 14 days, which was higher than the 16.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.85, while its 200-day Moving Average is $44.81. Nevertheless, the first resistance level for the watch stands at $52.13 in the near term. At $52.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.81. If the price goes on to break the first support level at $51.45, it is likely to go to the next support level at $51.19. Now, if the price goes above the second support level, the third support stands at $50.77.
Altria Group Inc. (NYSE: MO) Key Stats
Market capitalization of the company is 88.21 billion based on 1,717,626K outstanding shares. Right now, sales total 24,483 M and income totals 8,130 M. The company made 6,209 M in profit during its latest quarter, and 3,803 M in sales during its previous quarter.
