$1.29 EPS Expected for Philip Morris International Inc. (PM)

September 25, 2018 - By Vernon Prom

Philip Morris International Inc. (NYSE:PM) LogoInvestors sentiment decreased to 0.81 in Q2 2018. Its down 0.10, from 0.91 in 2018Q1. It worsened, 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.
Brookfield Asset Management has invested 0.02% of its portfolio in Philip Morris International Inc. (NYSE:PM). Huntington National Bank & Trust invested in 0.2% or 148,980 shares. Live Your Vision Limited Liability Company invested 0.03% in Philip Morris International Inc. (NYSE:PM). 4,516 are owned by Benin Management. Edge Wealth Mgmt Ltd Liability Corporation owns 7,135 shares. Old Second Natl Bank Of Aurora has 0.34% invested in Philip Morris International Inc. (NYSE:PM). St Germain D J Com holds 0.03% or 3,330 shares. Mairs Pwr holds 0.01% or 7,905 shares. Northwestern Mutual Wealth Mgmt invested 0.03% in Philip Morris International Inc. (NYSE:PM). Massmutual Fsb Adv owns 36,913 shares. 27,106 are owned by Fulton Breakefield Broenniman Ltd Limited Liability Company. Pnc Fin Svcs, Pennsylvania-based fund reported 2.80M shares. Sun Life invested 0.21% in Philip Morris International Inc. (NYSE:PM). Acadian Asset Limited Liability Co invested 0.12% of its portfolio in Philip Morris International Inc. (NYSE:PM). Deprince Race And Zollo holds 223,921 shares or 0.42% of its portfolio.

Since April 25, 2018, it had 4 insider buys, and 1 sale for $246,215 activity. $3.25 million worth of stock was bought by Li Jennifer on Friday, May 11. The insider CAMILLERI LOUIS C sold 100,000 shares worth $8.21M. Geissler Werner bought 48,750 shares worth $3.97 million. Zielinski Miroslaw bought $489,360 worth of Philip Morris International Inc. (NYSE:PM) on Friday, April 27.

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. The company was upgraded on Wednesday, July 25 by Argus Research. Deutsche Bank initiated the shares of PM in report on Tuesday, April 10 with “Buy” rating. The stock of Philip Morris International Inc. (NYSE:PM) earned “Market Perform” rating by Cowen & Co on Friday, July 20. The firm earned “Hold” rating on Friday, August 24 by Jefferies. The company was downgraded on Friday, April 20 by Bank of America. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 20 report. Citigroup maintained Philip Morris International Inc. (NYSE:PM) on Friday, July 20 with “Buy” rating. JP Morgan downgraded Philip Morris International Inc. (NYSE:PM) on Friday, July 20 to “Neutral” rating. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Friday, September 21 by Citigroup. The stock has “Buy” rating by Stifel Nicolaus on Friday, April 20.

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: Seekingalpha.com which released: “Philip Morris: Shares Remain Under Pressure” on September 10, 2018, also Globenewswire.com with their article: “SHAREHOLDER ALERT: TSLA PDD AMPE LCI CBS ORCL SBGI SKX PM QRTEA: The Law Offices of Vincent Wong …” published on September 23, 2018, Nasdaq.com published: “3 Top Tobacco Stocks Still Burning Strong” on September 24, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Forbes.com and their article: “Can Philip Morris Improve iQOS’ Performance This Year?” published on September 13, 2018 as well as Fool.com‘s news article titled: “Could These 3 Marijuana Stocks Be on Their Way to $100 Billion Market Caps?” with publication date: September 21, 2018.

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

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