Altria Group Inc (MO) volume exceeds 9.52 million: A new investment opportunity for investors

Altria Group Inc (NYSE: MO) kicked off on Monday, up 2.69% from the previous trading day, before settling in for the closing price of $52.05. Over the past 52 weeks, MO has traded in a range of $39.25-$58.03.

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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 0.92%. While this was happening, its average annual earnings per share was recorded 3.71%. With a float of $1.69 billion, this company’s outstanding shares have now reached $1.70 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 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

Our next focus will be how large-scale investors are participating in this stock of the Tobacco Industry. The insider ownership of Altria Group Inc is 0.14%, while institutional ownership is 60.53%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.80% 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

Take a look at Altria Group Inc’s (MO) current performance indicators. Last quarter, 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 4.45. Likewise, its price to free cash flow for the trailing twelve months is 10.67.

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 5.36 in one year’s time.

Technical Analysis of Altria Group Inc (MO)

Compared to the last year’s volume of 7.08 million, its volume of 8.08 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.66%. Additionally, its Average True Range was 0.91.

During the past 100 days, Altria Group Inc’s (MO) raw stochastic average was set at 50.03%, which indicates a significant decrease from 88.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.23% in the past 14 days, which was higher than the 19.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.09, while its 200-day Moving Average is $49.85. Nevertheless, the first resistance level for the watch stands at $54.03 in the near term. At $54.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.42. If the price goes on to break the first support level at $52.64, it is likely to go to the next support level at $51.84. Now, if the price goes above the second support level, the third support stands at $51.25.

Altria Group Inc (NYSE: MO) Key Stats

The company with the Market Capitalisation of 90.59 billion has total of 1,694,813K Shares Outstanding. Its annual sales at the moment are 24,483 M in contrast with the sum of 8,130 M annual income. Company’s last quarter sales were recorded 6,259 M and last quarter income was 2,293 M.