While Altria Group Inc. has underperformed by -2.77%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MO fell by -14.49%, with highs and lows ranging from $48.04 to $39.06, whereas the simple moving average fell by -6.85% in the last 200 days.
On January 23, 2024, UBS started tracking Altria Group Inc. (NYSE: MO) recommending Sell. UBS also Downgraded MO shares as ‘Sell’, setting a target price of $38 on the company’s shares in a report dated November 10, 2022. Barclays June 29, 2022d the rating to Underweight on June 29, 2022, and set its price target from $53 to $36. Morgan Stanley June 24, 2022d its ‘Underweight’ rating to ‘Equal-Weight’ for MO, as published in its report on June 24, 2022. Morgan Stanley’s report from June 08, 2022 suggests a price prediction of $50 for MO shares, giving the stock a ‘Underweight’ rating. Bernstein also rated the stock as ‘Mkt Perform’.
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Analysis of Altria Group Inc. (MO)
With MO’s current dividend of $3.84 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -1.16%, showing a negative trend in the upcoming months.
Altria Group Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. Taking into account the quick ratio of the company, currently set at 0.39, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and MO has an average volume of 9.30M. On a monthly basis, the volatility of the stock is set at 1.31%, whereas on a weekly basis, it is put at 1.44%, with a loss of -2.41% over the past seven days. Furthermore, long-term investors anticipate a median target price of $46.16, showing growth from the present price of $39.73, which can serve as yet another indication of whether MO is worth investing in or should be passed over.
How Do You Analyze Altria Group Inc. Shares?
Tobacco giant Altria Group Inc. (MO) is based in the USA and is one of the largest companies in the market. When comparing Altria Group Inc. shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.70, there is a growth in quarterly earnings of -22.55%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 58.05% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MO shares are owned by institutional investors to the tune of 58.05% at present.
