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Altria (MO) Stock Moves -0.43%: What You Should Know
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Altria (MO - Free Report) closed the most recent trading day at $41.40, moving -0.43% from the previous trading session. This move was narrower than the S&P 500's daily loss of 0.8%. Meanwhile, the Dow experienced a drop of 0.76%, and the technology-dominated Nasdaq saw a decrease of 1.18%.
The owner of Philip Morris USA, the nation's largest cigarette maker's stock has dropped by 2.33% in the past month, falling short of the Consumer Staples sector's gain of 2.53% and the S&P 500's gain of 3.4%.
The investment community will be paying close attention to the earnings performance of Altria in its upcoming release. On that day, Altria is projected to report earnings of $1.17 per share, which would represent a year-over-year decline of 0.85%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.09 billion, up 0.16% from the year-ago period.
Any recent changes to analyst estimates for Altria should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Altria currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Altria currently has a Forward P/E ratio of 8.12. This valuation marks a discount compared to its industry's average Forward P/E of 9.3.
Meanwhile, MO's PEG ratio is currently 2.68. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Tobacco industry currently had an average PEG ratio of 2.53 as of yesterday's close.
The Tobacco industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 64, finds itself in the top 26% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Altria (MO) Stock Moves -0.43%: What You Should Know
Altria (MO - Free Report) closed the most recent trading day at $41.40, moving -0.43% from the previous trading session. This move was narrower than the S&P 500's daily loss of 0.8%. Meanwhile, the Dow experienced a drop of 0.76%, and the technology-dominated Nasdaq saw a decrease of 1.18%.
The owner of Philip Morris USA, the nation's largest cigarette maker's stock has dropped by 2.33% in the past month, falling short of the Consumer Staples sector's gain of 2.53% and the S&P 500's gain of 3.4%.
The investment community will be paying close attention to the earnings performance of Altria in its upcoming release. On that day, Altria is projected to report earnings of $1.17 per share, which would represent a year-over-year decline of 0.85%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.09 billion, up 0.16% from the year-ago period.
Any recent changes to analyst estimates for Altria should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Altria currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Altria currently has a Forward P/E ratio of 8.12. This valuation marks a discount compared to its industry's average Forward P/E of 9.3.
Meanwhile, MO's PEG ratio is currently 2.68. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Tobacco industry currently had an average PEG ratio of 2.53 as of yesterday's close.
The Tobacco industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 64, finds itself in the top 26% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.