Philip Morris International (NYSE:PM) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Philip Morris International (NYSE:PM) released its earnings results on Thursday. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.06, Zacks reports. Philip Morris International had a negative return on equity of 117.94% and a net margin of 10.35%. Philip Morris International updated its FY 2025 guidance to 7.040-7.170 EPS and its Q1 2025 guidance to 1.580-1.630 EPS.

Philip Morris International Trading Up 11.0 %

Shares of PM traded up $14.43 during trading hours on Thursday, reaching $145.41. 13,453,117 shares of the company’s stock traded hands, compared to its average volume of 5,352,423. The firm’s 50 day simple moving average is $125.17 and its 200-day simple moving average is $123.46. The stock has a market cap of $226.08 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 2.30 and a beta of 0.55. Philip Morris International has a 12 month low of $87.82 and a 12 month high of $146.78.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 26th were paid a $1.35 dividend. The ex-dividend date was Thursday, December 26th. This represents a $5.40 dividend on an annualized basis and a yield of 3.71%. Philip Morris International’s dividend payout ratio is currently 85.71%.

Analyst Upgrades and Downgrades

PM has been the topic of a number of research analyst reports. Stifel Nicolaus reiterated a “buy” rating and issued a $145.00 target price (up from $138.00) on shares of Philip Morris International in a research note on Wednesday, October 23rd. Morgan Stanley initiated coverage on Philip Morris International in a research report on Thursday, January 16th. They issued an “overweight” rating and a $140.00 target price for the company. JPMorgan Chase & Co. increased their price target on Philip Morris International from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Barclays lowered their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, UBS Group lifted their target price on shares of Philip Morris International from $103.00 to $105.00 and gave the stock a “sell” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.35.

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.