Philip Morris International Inc. (PM) Insiders Have A Mixed Trading Record

The insider sell/buy ratio of Philip Morris International Inc. (NYSE:PM) is recorded at 1, pointing to bearish feelings about the stock among corporate executives and directors. PM recorded 1 sales on the open market in the last three months. They sold nearly 59,495 shares while purchases amounted to zero shares that period. Looking even further back to 12 months, corporate insiders offloaded 276,046 shares when buyers snapped up 276,875 shares. The 12-month’s totals signify about a 1-to-1 sell/buy ratio.

Camilleri Louis C parted with a total of 59.5 thousand shares of Philip Morris International Inc. (PM) at average share price of $86.98. This insider trade in the company took place on 11/29/2018. The total for the sales was set at $5.17 million. After this transaction, the Director account balance stood at 501.93 thousand shares. The stock grew 0.11 percent since that insider sale. On 05/14/2018, Li Jennifer, Director, purchased 40 thousand shares at a price per share of $81.3. This added 3.25 million shares to the insider’s fortune and the stock saw a 7.11 percent rally in value since the news became public. This transaction left 62.32 thousand shares in the Director account.

On 05/11/2018, Director Geissler Werner performed a purchase transaction worth $3.97 million. This purchase at $81.44 each has added 48.75 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded 6.93 percent increase since the transaction was reported. The insider now is left with 58.03 thousand shares remaining in the account. Camilleri Louis C, who performs the Director job, sold 100 thousand shares for $8.21 million. The disposal occurred on 05/11/2018 was priced at $82.06 per share. The share price soared 6.12 percent since the reporting date. Camilleri Louis C now left with a stake of 560.17 thousand PM stock worth $47.86 million after the insider selling.

The 12-month median price target for Philip Morris International Inc. (PM) assigned by the analysts stands at $95, which represents a return potential of 11.2 percent when compared to the closing price of the stock of $85.43 on Tuesday, December 04. The lowest price target for the stock is $80 — slightly more than -6.36 percent from PM’s current share price. The stock will probably climb 8.93 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $110-month high price target. This represents a whopping 28.76 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 46.38 on daily chart, which may remain a cause for concern. If the price breaks below $83.1 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $87.56 mark may result into a pull-back move towards $89.68 level. The stock is currently hovering around the first support level of $84.27. Below this, the next support is placed in the zone of $83.1. Till the time, the PM stock trades above this level, bulls have nothing to fear.

Shares of Philip Morris International Inc. (PM) are trading at a P/E ratio of 24.65 times earnings reported for the past 12 months. The industry PM operates in has an average P/E of 30.07. Its P/E ratio went as low as 16.17X and as high as 20.42 over the 5-year span. Further, it is sporting a 4.39 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.93. 63.9 percent is the gross profit margin for Philip Morris International Inc. and operating margin sits at 39.4 percent. Along with this, the net profit margin is 22 percent.

On 4th of December, Philip Morris International Inc. (NYSE:PM) shares ended lower after a volatile session. The shares dropped -1.65 points or -1.89 percent at $85.43 with a light trade volume of 5.195 million shares. After opening the session at $87.41, the shares went as high as $88.52 and as low as $85.23, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $133 billion and now has 1.56 billion shares outstanding. Philip Morris International Inc. (PM) stock has lost -3.74 percent of market value in 21 trading days.

In last reported earnings results, PM earned $1.44 per share, better than the $1.28, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $7.5B, better than the $7.17B analysts expected. Earnings are estimated to increase by 9.5 percent this year, 5.39 percent next year and continue to increase by 7.68 percent annually for the next 5 years. Investors will get their next glimpse of PM’s Q4 earnings on February 07. Analysts are forecasting revenue to suffer decline of -10.5 percent to $7.43B in the next fiscal quarter, while earnings are seen soaring by nearly -11.36 percent to $1.17 per share. History has shown that shares in Philip Morris International Inc. have gone up on 19 different earnings reaction days and are predicted to add 0.02 percent when the company reports upcoming earnings.

PM stock has a trailing 3-year beta of 0.64, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $5.33 a share in the trailing twelve months. The stock’s value has fallen -19.14 percent year to date (YTD) against a decline of -18.33 percent in 12 month’s time. The company’s shares still trade -23.21 percent away from its 1-year high of $111.25 and 12.1 percent up from 52-week low of $76.21. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.