Altria Group Inc (MO) kicked off at the price of $57.18: Venture capitalists have an exciting new opportunity

Altria Group Inc (NYSE: MO) on Monday, plunged -0.97% from the previous trading day, before settling in for the closing price of $57.74. Within the past 52 weeks, MO’s price has moved between $39.25 and $58.03.

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Consumer Defensive Sector giant saw their annual sales surged by 0.91% over the last five years. The company achieved an average annual earnings per share of 3.43%. With a float of $1.69 billion, this company’s outstanding shares have now reached $1.70 billion.

The firm has a total of 6400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 69.84%, operating margin of 61.18%, and the pretax margin is 66.87%.

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 60.66%. 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.

Altria Group Inc (MO) Recent Fiscal highlights

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.18 earnings per share (EPS) for the period topping the consensus outlook (set at 1.18) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.16% 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 4.77. Likewise, its price to free cash flow for the trailing twelve months is 11.43.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.92, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 5.34 in one year’s time.

Technical Analysis of Altria Group Inc (MO)

Analysing the last 5-days average volume posted by the [Altria Group Inc, MO], we can find that recorded value of 7.27 million was lower than the volume posted last year of 9.66 million. As of the previous 9 days, the stock’s Stochastic %D was 80.55%. Additionally, its Average True Range was 0.81.

During the past 100 days, Altria Group Inc’s (MO) raw stochastic average was set at 92.17%, which indicates a significant increase from 79.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.42% in the past 14 days, which was lower than the 19.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.54, while its 200-day Moving Average is $47.87. Now, the first resistance to watch is $57.58. This is followed by the second major resistance level at $57.97. The third major resistance level sits at $58.29. If the price goes on to break the first support level at $56.87, it is likely to go to the next support level at $56.55. Now, if the price goes above the second support level, the third support stands at $56.16.

Altria Group Inc (NYSE: MO) Key Stats

Market capitalization of the company is 97.06 billion based on 1,694,813K outstanding shares. Right now, sales total 24,483 M and income totals 8,130 M. The company made 6,259 M in profit during its latest quarter, and 2,293 M in sales during its previous quarter.