Taking a look at their full 2016 year numbers, we can gather a decent grasp of how the company has been doing. These numbers can be found on a recent 8-K report, along with their quarterly numbers. Reported diluted earnings per share of $4.48 is up $0.06 or 1.4% versus $4.42 in 2015. Net revenues, excluding excise taxes, came in at $26.7 billion, down 0.4% and the company increased the regular quarterly dividend by 2.0% to an annualized rate of $4.16 per common share. Solid numbers should keep most investors content, but not let us take a look at price movement and see how the stock has been.
The stock is certainly performing well as price is about to jump to new highs and it’s doing so with purpose. As you can see from the monthly time frame, price has pulled back but is exploding to the upside now. This could provide momentum to the upside that potential investors are looking for, or this could be a false breakout. Be sure to use the chart along side the fundamental research to formulate a well-rounded opinion.
Philip Morris International is rated below average in market capitalization category among related companies. Market capitalization of Tobacco industry is at this time estimated at about 550.93 Billion. Philip Morris totals roughly 131.45 Billion in market capitalization claiming about 24% of equities listed under Tobacco industry.
Philip Morris International is rated below average in price to sales category among related companies. It is rated below average in five year return category among related companies reporting about 1.03 of Five Year Return per Price to Sales.
Philip Morris is not too risky asset. Calculation of real value of Philip Morris Intern is based on 2 months time horizon. Increasing Philip Morris Intern time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.