Latest Articles
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Philip Morris: Hold On For More Gains
Philip Morris stock (NYSE: PM) increased 6.8% in the last three months and currently trades near $78 per share. The rise was mainly due to the gradual lifting of the lockdowns over recent months which has led to expectations of higher cigarette...
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Philip Morris: A Good Defensive Bet With Another 10% Gain Expected
Even after being a part of a largely defensive sector, Philip Morris stock (NYSE: PM) saw an impressive rise of 30% from its March 2020 lows of this year. Despite such a healthy rise, at the current price of $78, we believe PM’s stock is still ...
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Is The Worst Over For Philip Morris’ Stock?
Notwithstanding an impressive 32% recovery since the March 23 lows of this year, at the current price of $79 we believe that Philip Morris stock (NYSE: PM) has the potential to rise further. PM’s stock has increased from $60 in March to $79 cur...
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Philip Morris Looks Undervalued
Despite a 20% rise since the March 23 lows of this year, at the current price of about $72 per share we believe that Philip Morris stock (NYSE: PM) has more upside left. PM’s stock has rallied from $60 to $72 off the recent bottom compared to t...
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Philip Morris’ Stock Down 12% Despite Revenue Growth; Time To Buy?
Philip Morris’ stock (NYSE: PM) lost about 12% of its value in the last 3 years, with the stock price dropping from $77 at the end of 2016 to $68 as of 18 th May 2020. At the same time, Philip Morris’ revenues steadily increased from $26.7 bill...
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Philip Morris’ Stock Down 20% in 2020; Buy, Sell Or Hold The Stock At $70?
After almost a 20% decline in Philip Morris ’ (NYSE: PM) stock since the beginning of this year, at the current price of $69 per share, we believe Philip Morris has a healthy upside. Why is that? The key is Philip Morris’ stock is still almost 3...
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Here’s Why Philip Morris’ Stock Lost 20% Of Its Value In 3 Years
Philip Morris (NYSE: PM) saw its stock price drop by almost 20% in the last 3 years, from $109 in February 2017 to about $88 in February 2020. This fall was primarily driven by a drop in net income margin, due to higher marketing expenditure and ...
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Can Philip Morris Manage To Surprise Markets With An Earnings Beat For 2019?
Philip Morris (NYSE: PM) is slated to release its Q4 and full-year 2019 results on February 6, 2020. Trefis details expectations from the company in an interactive dashboard, parts of which are highlighted below. We believe that Philip Morris’ r...
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Where Is Philip Morris Spending Most Of Its Money?
Philip Morris ’ (NYSE: PM) total expenses have trended steadily higher from around $67.7 billion in 2016 to about $71.5 billion in 2018. As a percentage of revenues, expenses have remained around 90% during the same period. Company’s expens...
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After Growing 5.6x In 2 Years, Why Are Philip Morris’ E-Cigarette Volume Sales Still Increasing?
Unlike conventional cigarettes, Philip Morris (NYSE: PM) heated tobacco products (reduced-risk products) are e-cigarettes that do not burn tobacco. IQOS, PM’s flagship product under the category, is a precisely controlled device into which ...
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Amid Lower Cigarette Sales And Rising Vaping Business, Can Philip Morris Sustain Its Strong Revenue Growth?
Philip Morris (NYSE: PM) has been in the news lately, due to the proposed merger with its former parent Altria (NYSE: MO) and a lot of activity in the e-vapor business, with IQOS receiving FDA approval, while New York banned flavored e-cigarettes...
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Can IQOS Fire Philip Morris’ Stock To $100?
Philip Morris International (NYSE: PM) has increased its earnings guidance for the full year 2019, after the company reported a strong Q2 2019, which was marked with higher earnings despite some pressure on volumes. Philip Morris Revenues have ...
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What To Expect From Philip Morris’ Q2 2019 Earnings Report?
Philip Morris International (NYSE: PM) is set to release its Q2 2019 financial results on July 18, 2019, followed by a conference call with analysts. The company is expected to report revenue of $7.42 billion in Q2 2019, marking a decline of abou...
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Philip Morris’ Earnings Drop Despite Growth In Top Line In Q1 2019; Full Year Outlook Revised Downward
Philip Morris International (NYSE: PM), manufacturer of cigarettes and other nicotine containing products including reduced-risk products, released its Q1 2019 financial results on April 18, 2019, followed by a conference call with analysts. The ...
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What To Expect From Philip Morris’ Q1 2019 Results?
Philip Morris International (NYSE: PM), manufacturer of cigarettes and other nicotine containing products including reduced-risk products, is set to announce its Q1 2019 results on April 18, 2019, followed by a conference call with analysts. We e...
