Philip Morris International (NYSE:PM) Issues FY 2025 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.360-7.490 for the period, compared to the consensus estimate of 7.470. The company issued revenue guidance of -.

Philip Morris International Trading Up 2.4%

NYSE:PM opened at $183.29 on Thursday. The company has a market cap of $285.29 billion, a PE ratio of 40.64, a P/E/G ratio of 2.65 and a beta of 0.52. Philip Morris International has a twelve month low of $98.93 and a twelve month high of $183.94. The company’s 50 day moving average is $169.29 and its two-hundred day moving average is $148.50.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 23rd. The company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.08. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.10 billion. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. Philip Morris International’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.50 EPS. As a group, analysts expect that Philip Morris International will post 7.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on PM shares. Needham & Company LLC started coverage on shares of Philip Morris International in a research report on Thursday, May 22nd. They set a “buy” rating on the stock. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Friday, May 30th. JPMorgan Chase & Co. lifted their price objective on shares of Philip Morris International from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. Morgan Stanley restated an “overweight” rating and set a $182.00 price objective (up from $156.00) on shares of Philip Morris International in a research note on Thursday, April 24th. Finally, Citigroup lifted their price objective on shares of Philip Morris International from $163.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, April 16th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $175.30.

Hedge Funds Weigh In On Philip Morris International

A hedge fund recently raised its stake in Philip Morris International stock. Revolve Wealth Partners LLC lifted its position in Philip Morris International Inc. (NYSE:PM) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,097 shares of the company’s stock after purchasing an additional 91 shares during the period. Revolve Wealth Partners LLC’s holdings in Philip Morris International were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 78.63% of the company’s stock.

About Philip Morris International

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.