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

+9.81%
Upside
52.28
Market
57.42
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. This Coffeehouse Is Likely To Offer Better Returns Over Altria Stock
  2. Does Altria Stock Offer Any Major Upside At $50?
  3. Altria Stock Drops Below Pre-Covid Level – What’s Next?
  4. Amidst FDA Crackdown On Vaping, How Is Altria Stock Performing?
  5. Is Altria Stock Fairly Valued At $47?
  6. What’s Next For Altria Stock After Its 20% Rally?

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