Philip Morris' high valuations are supported by the recent approval from the US FDA for ZYN, which is expected to drive growth in the Nicotine Pouches segment. Additionally, the strong growth in smoke-free products like IQOS, along with better operating margins and a stronger balance sheet, contribute to this success. These factors likely explain why PM stock is performing better than the overall market and its competitors in the tobacco industry.
Coca-Cola, Philip Morris, and Johnson & Johnson are included in the Zacks Investment Ideas article.
We have put together a list of the 30 Best Stocks to Invest In, based on the opinions of billionaires. In this article, we will examine how Philip Morris International Inc. (NYSE:PM) compares to other stocks. Wealthy investors and top hedge fund managers play a significant role in the market by investing heavily in successful companies.
Asian stocks are expected to decline after Donald Trump announced plans to impose tariffs on trading partners, which led to the largest drop in US shares this year and raised concerns about a potential trade war affecting global economic growth.
Philip Morris International Inc. (NYSE:PM) will participate in the Consumer Analyst Group of New York Conference (CAGNY) on February 19, 2025, at 1:00 PM ET. The company will be represented by Jacek Olczak, the Chief Executive Officer, and Emmanuel Babeau, the Chief Financial Officer. Bonnie Herzog from Goldman Sachs will also be part of the conference call.
We have just put together a list of the 10 best-performing S&P 500 stocks for 2025. In this article, we will examine how Philip Morris International Inc. (NYSE:PM) compares to the other stocks. Emily Rowland, who is the co-chief investment strategist at John Hancock Investment Management, participated in a conversation on CNBC's 'Squawk Box' [...]
Investors in the tobacco industry have usually prioritized dividends, but Philip Morris International (PM 1.29%) has successfully transformed into a strong growth company thanks to its smoke-free products. The company's stock has been rising again after it announced its earnings for the fourth quarter.
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will hold a live audio webcast featuring a presentation by CEO Jacek Olczak and CFO Emmanuel Babeau at the Consumer Analyst Group of New York (CAGNY) Conference on Wednesday, February 19, 2025, at 1:00 p.m. ET. You can access the live webcast and presentation slides at www.pmi.com/2025CAGNY. A replay of the webcast will be available at the same link until Friday.
Right now, there is a debate among investors about whether stock prices are too high. Some believe that historical data suggests a negative outlook, while others think that future profits will support the current prices.
Philip Morris reported impressive results for the fourth quarter, exceeding expectations for earnings per share and revenue, thanks to a rise in demand for non-traditional products such as IQOS and ZYN. These products now account for 40% of the company's total revenue, greatly increasing gross profits. However, I still recommend holding the stock because of its high valuation, with a forward price-to-earnings ratio of 18.7X.