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

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.

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

As of January 17, 2025, PM stock price climbed to $121.59 with 4,772,361 million shares trading.

PM has a market cap of $189.02 billion. This is considered a Large Cap stock.

Last quarter Philip Morris Intl reported $10 billion in Revenue and $1.91 earnings per share. This beat revenue expectation by $221 million and exceeded earnings estimates by $.09.

In the last 3 years, PM traded as high as $134.15 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 has outperformed the market in the last year with a return of +35.4%, while the SPY ETF gained +28.0%. However, in the most recent history, PM shares have underperformed the stock market with its stock returning +2.3% in the last 3 month period and -0.4% for the last 2 week period, while SPY has returned +3.0% and +1.0%, respectively.

PM support price is $118.53 and resistance is $121.07 (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 shares will trade within this expected range on the day.