- Altria Group (MO, Financial) reports solid Q4 2024 results, surpassing earnings expectations.
- Wall Street analysts provide a mixed outlook with a "Hold" consensus recommendation.
- GuruFocus estimates suggest a potential downside based on the GF Value assessment.
Altria Group's Strong Earnings Performance
Altria Group (MO), a leading name in the tobacco industry, has reported robust financial results for the fourth quarter of 2024. The company achieved a net revenue of $5.11 billion, reflecting a 1.6% year-over-year increase. Notably, Altria surpassed market expectations by delivering an adjusted earnings per share (EPS) of $1.29. As the company looks ahead, it forecasts an EPS growth rate ranging from 2% to 5% for 2025, highlighting its ability to navigate ongoing regulatory obstacles.
Analysts' Price Target and Recommendations
Wall Street analysts have set a one-year price target for Altria Group Inc (MO, Financial) averaging at $55.72, with projections ranging from a low of $45.64 to a high of $73.00. This average target suggests a slight downside of 0.62% from the current trading price of $56.07. For more detailed analyst projections, visit the Altria Group Inc (MO) Forecast page.
The consensus among 14 brokerage firms places Altria Group Inc's (MO, Financial) average recommendation at 2.7 on a rating scale where 1 indicates Strong Buy and 5 represents Sell, thereby suggesting a "Hold" status for the stock.
Assessing the GF Value and Market Implications
GuruFocus's analysis projects the GF Value for Altria Group Inc (MO, Financial) to be $47.44 over the next year. This valuation suggests a potential downside of 15.39% from the current market price of $56.07. The GF Value represents the fair price at which the stock should trade, based on its historical trading multiples, past business growth, and future performance forecasts. For a more comprehensive overview, visit the Altria Group Inc (MO) Summary page.
