- Philip Morris International (PM, Financial) surpassed earnings and revenue forecasts, showcasing strong financial performance.
- Analysts' average price target suggests a slight downside from the current stock price.
- GF Value indicates a potential overvaluation with a significant downside risk.
Philip Morris International (PM) has delivered an outstanding financial performance, elevating its non-GAAP earnings per share to $1.69. This figure not only surpasses projections by $0.08 but also highlights the company's solid earnings momentum. Additionally, Philip Morris reported revenues amounting to $9.3 billion, exceeding analysts' expectations by an impressive $160 million, reflecting its robust business model and strategic efficacy.
Wall Street Analysts' Forecast
According to the one-year price targets provided by 13 analysts, the average target price for Philip Morris International Inc (PM, Financial) is $154.99. This target price encompasses a high estimate of $180.00 and a low estimate of $102.00, indicating varying perspectives on the stock's potential trajectory. Notably, the average target implies a downside of 5.56% from the current trading price of $164.11, signaling a potential caution for investors. Detailed estimate data are accessible on the Philip Morris International Inc (PM) Forecast page.
Furthermore, a consensus recommendation from 15 brokerage firms places Philip Morris International Inc (PM, Financial) at an average brokerage rating of 1.9, categorizing it as "Outperform." This rating is positioned on a scale from 1 to 5, where 1 suggests a Strong Buy, and 5 signifies a Sell, offering a positive outlook from the analyst community.
Additionally, GuruFocus estimates propose a GF Value for Philip Morris International Inc (PM, Financial) of $125.84 in the coming year. This estimate suggests a downside of 23.32% from the current market price of $164.11. The GF Value is determined by analyzing historical trading multiples, past business growth, and projections of future performance — crucial factors for evaluating the fair value of the stock. Investors are encouraged to review more detailed analytics on the Philip Morris International Inc (PM) Summary page.
