Philip Morris International Inc. (PM) EPS Estimated At $1.29

September 25, 2018 - By Rene Reddy

Philip Morris International Inc. (NYSE:PM) LogoInvestors sentiment decreased to 0.81 in 2018 Q2. Its down 0.10, from 0.91 in 2018Q1. It dived, as 108 investors sold Philip Morris International Inc. shares while 528 reduced holdings. 108 funds opened positions while 408 raised stakes. 1.09 billion shares or 0.28% less from 1.09 billion shares in 2018Q1 were reported.
Haverford Trust Company invested in 0.66% or 412,173 shares. Independent Invsts has invested 0.34% of its portfolio in Philip Morris International Inc. (NYSE:PM). Lumbard & Kellner Ltd Co has 4,334 shares. Hartford Mngmt has 0.76% invested in Philip Morris International Inc. (NYSE:PM). 11,868 were accumulated by Mutual Of Omaha Commercial Bank Wealth. Canada Pension Plan Inv Board reported 0.39% in Philip Morris International Inc. (NYSE:PM). Yhb Inv Advsr holds 0.05% or 3,872 shares in its portfolio. Retirement Sys Of Alabama owns 951,948 shares or 0.38% of their US portfolio. Van Hulzen Asset Ltd holds 2,600 shares. Lpl Finance Limited Liability holds 0.11% or 527,113 shares. Capital One Natl Association reported 46,527 shares. Intll Investors holds 0.73% or 7.98M shares in its portfolio. Focused Wealth Management stated it has 3,346 shares or 0.09% of all its holdings. Fisher Asset Mgmt Ltd Llc has invested 0.01% in Philip Morris International Inc. (NYSE:PM). Marathon Cap has invested 0.09% of its portfolio in Philip Morris International Inc. (NYSE:PM).

Since April 25, 2018, it had 4 insider purchases, and 1 insider sale for $246,215 activity. Li Jennifer also bought $3.25M worth of Philip Morris International Inc. (NYSE:PM) on Friday, May 11. On Wednesday, May 9 the insider CAMILLERI LOUIS C sold $8.21 million. Another trade for 6,000 shares valued at $489,360 was bought by Zielinski Miroslaw. Whitson Jerry had bought 3,000 shares worth $248,282 on Wednesday, April 25.

Analysts expect Philip Morris International Inc. (NYSE:PM) to report $1.29 EPS on October, 18.They anticipate $0.02 EPS change or 1.57 % from last quarter’s $1.27 EPS. PM’s profit would be $2.01 billion giving it 15.82 P/E if the $1.29 EPS is correct. After having $1.41 EPS previously, Philip Morris International Inc.’s analysts see -8.51 % EPS growth. The stock decreased 2.56% or $2.14 during the last trading session, reaching $81.61. About 7.70M shares traded or 40.47% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 31.61% since September 25, 2017 and is downtrending. It has underperformed by 47.23% the S&P500.

Philip Morris International Inc. (NYSE:PM) Ratings Coverage

Among 11 analysts covering Philip Morris (NYSE:PM), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Philip Morris had 16 analyst reports since April 10, 2018 according to SRatingsIntel. Cowen & Co downgraded the shares of PM in report on Friday, July 20 to “Market Perform” rating. Citigroup maintained Philip Morris International Inc. (NYSE:PM) rating on Friday, September 21. Citigroup has “Buy” rating and $95 target. On Tuesday, April 10 the stock rating was initiated by Deutsche Bank with “Buy”. On Tuesday, April 24 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating by Jefferies given on Friday, August 24. Stifel Nicolaus maintained the shares of PM in report on Friday, April 20 with “Buy” rating. The firm has “Buy” rating given on Friday, May 18 by Stifel Nicolaus. The firm has “Neutral” rating given on Friday, July 20 by JP Morgan. The company was downgraded on Friday, April 20 by Bank of America. The stock of Philip Morris International Inc. (NYSE:PM) has “Overweight” rating given on Tuesday, July 17 by Morgan Stanley.

Philip Morris International Inc., through its subsidiaries, makes and sells cigarettes, other tobacco products, and other nicotine-containing products. The company has market cap of $126.86 billion. The Company’s portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. It has a 19.81 P/E ratio. The firm also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia.

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Forbes.com which released: “Can Philip Morris Improve iQOS’ Performance This Year?” on September 13, 2018, also Seekingalpha.com with their article: “Philip Morris: Shares Remain Under Pressure” published on September 10, 2018, Globenewswire.com published: “SHAREHOLDER ALERT: TSLA PDD AMPE LCI CBS ORCL SBGI SKX PM QRTEA: The Law Offices of Vincent Wong …” on September 23, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Nasdaq.com and their article: “3 Top Tobacco Stocks Still Burning Strong” published on September 24, 2018 as well as Benzinga.com‘s news article titled: “Fast Money Picks For September 18” with publication date: September 18, 2018.

Philip Morris International Inc. (NYSE:PM) Institutional Positions Chart

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