PM Stock Summary and Trading Ideas (Philip Morris Intl | NYSE:PM)

Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the acquisition in 2022 of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the US and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.

Philip Morris Intl trades on the NYSE stock market under the symbol PM.

As of April 25, 2024, PM stock price declined to $97.29 with 809,446 million shares trading.

PM has a beta of 0.41, meaning it tends to be less sensitive to market movements. PM has a correlation of 0.08 to the broad based SPY ETF.

PM has a market cap of $151.01 billion. This is considered a Large Cap stock.

Last quarter Philip Morris Intl reported $9 billion in Revenue and $1.50 earnings per share. This beat revenue expectation by $323 million and exceeded earnings estimates by $.09.

In the last 3 years, PM stock traded as high as $112.48 and as low as $82.85.

The top ETF exchange traded funds that PM belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

PM stock has underperformed the market in the last year with a return of +4.2%, while SPY returned +22.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PM shares. However, PM has outperformed the market in the last 3 month and 2 week periods, returning +8.5% and +8.4%, while SPY returned +3.0% and -3.1%, respectively. This indicates PM has been having a stronger performance recently.

PM support price is $97.92 and resistance is $100.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PM stock will trade within this expected range on the day.