Philip Morris International Inc (PM) average volume reaches $5.29M: Is Wall Street expecting a rally?

Philip Morris International Inc (NYSE: PM) kicked off on Monday, up 0.65% from the previous trading day, before settling in for the closing price of $120.62. Over the past 52 weeks, PM has traded in a range of $87.23-$128.22.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 3.59%. While this was happening, its average annual earnings per share was recorded 6.66%. With a float of $1.55 billion, this company’s outstanding shares have now reached $1.55 billion.

Let’s determine the extent of company efficiency that accounts for 82700 employees.

Philip Morris International Inc (PM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Tobacco Industry. The insider ownership of Philip Morris International Inc is 0.17%, while institutional ownership is 80.09%. The most recent insider transaction that took place on Aug 22 ’24, was worth 2,386,000. In this transaction Pr SSEA CIS & MEA Region of this company sold 20,000 shares at a rate of $119.30, taking the stock ownership to the 138,447 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Officer proposed sale 20,000 for $119.30, making the entire transaction worth $2,386,000.

Philip Morris International Inc (PM) Earnings and Forecasts

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According to the Wall Street analysts, stocks earnings will be around 6.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.37% during the next five years compared to -0.25% drop over the previous five years of trading.

Philip Morris International Inc (NYSE: PM) Trading Performance Indicators

Take a look at Philip Morris International Inc’s (PM) current performance indicators. Last quarter, stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.21. Likewise, its price to free cash flow for the trailing twelve months is 18.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.65, a number that is poised to hit 1.82 in the next quarter and is forecasted to reach 7.05 in one year’s time.

Technical Analysis of Philip Morris International Inc (PM)

Looking closely at Philip Morris International Inc (NYSE: PM), its last 5-days average volume was 5.98 million, which is a jump from its year-to-date volume of 5.43 million. As of the previous 9 days, the stock’s Stochastic %D was 34.86%. Additionally, its Average True Range was 1.76.

During the past 100 days, Philip Morris International Inc’s (PM) raw stochastic average was set at 78.03%, which indicates a significant increase from 28.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.71% in the past 14 days, which was lower than the 15.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $119.55, while its 200-day Moving Average is $101.74. However, in the short run, Philip Morris International Inc’s stock first resistance to watch stands at $121.93. Second resistance stands at $122.46. The third major resistance level sits at $123.15. If the price goes on to break the first support level at $120.71, it is likely to go to the next support level at $120.02. Should the price break the second support level, the third support level stands at $119.49.

Philip Morris International Inc (NYSE: PM) Key Stats

The company with the Market Capitalisation of 188.75 billion has total of 1,554,557K Shares Outstanding. Its annual sales at the moment are 35,174 M in contrast with the sum of 7,813 M annual income. Company’s last quarter sales were recorded 9,468 M and last quarter income was 2,406 M.