Forecast Of The Day: Altria’s Revenue Per Unit Smokeable Product

+3.17%
Upside
44.32
Market
45.73
Trefis
MO: Altria Group logo
MO
Altria Group

What? 

Altria’s (NYSE:MO) Revenue per Unit Smokeable Product has risen from around $0.213 in 2019 to about $0.224 in 2020. Trefis estimates that the metric will rise to $0.230 in 2021 and $0.237 in 2022.

Why?

Relevant Articles
  1. With Over 10% Gains This Year Is Altria Stock A Better Pick Than Freeport?
  2. What’s Next For Altria Stock After A 15% Fall In A Year?
  3. What’s Next For Altria Stock After A 6% Fall In A Month Amid Downbeat Q3?
  4. Is Boston Scientific A Better Pick Over Altria Stock?
  5. Will Altria Stock Rebound To Its 2022 Highs?
  6. Here’s What To Expect From Altria’s Q1

The gains are likely to be driven by steady price increases, which are common in the cigarette business.

So What?

While pricing should rise, the company’s overall smokable products revenues are unlikely to grow, given the steady decline in volumes.

See Our Complete Analysis For Altria

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios

 See all Trefis Price Estimates