A new trading day began on Tuesday, with Altria Group Inc. (NYSE: MO) stock price up 2.04% from the previous day of trading, before settling in for the closing price of $49.06. MO’s price has ranged from $39.06 to $54.95 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 0.91%. Meanwhile, its annual earnings per share averaged 3.08%. With a float of $1.70 billion, this company’s outstanding shares have now reached $1.76 billion.
The extent of productivity of a business whose workforce counts for 6400 workers is very important to gauge. 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) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Tobacco Industry. The insider ownership of Altria Group Inc. is 0.14%, while institutional ownership is 59.91%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.17 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.09% 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
Here are Altria Group Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.21. Likewise, its price to free cash flow for the trailing twelve months is 9.68.
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 5.30 in one year’s time.
Technical Analysis of Altria Group Inc. (MO)
The latest stats from [Altria Group Inc., MO] show that its last 5-days average volume of 5.89 million was inferior to 9.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.02%. Additionally, its Average True Range was 0.72.
During the past 100 days, Altria Group Inc.’s (MO) raw stochastic average was set at 56.03%, which indicates a significant decrease from 63.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.49% in the past 14 days, which was lower than the 17.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.44, while its 200-day Moving Average is $45.96. Now, the first resistance to watch is $50.40. This is followed by the second major resistance level at $50.74. The third major resistance level sits at $51.36. If the price goes on to break the first support level at $49.44, it is likely to go to the next support level at $48.82. Assuming the price breaks the second support level, the third support level stands at $48.48.
Altria Group Inc. (NYSE: MO) Key Stats
With a market capitalization of 85.41 billion, the company has a total of 1,717,626K Shares Outstanding. Currently, annual sales are 24,483 M while annual income is 8,130 M. The company’s previous quarter sales were 6,209 M while its latest quarter income was 3,803 M.
