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Stock impact report

Philip Morris: No Reason To Get Involved Today [Seeking Alpha]

Philip Morris International Inc (PM) 
Last philip morris international inc earnings: 4/21 06:59 am Check Earnings Report
US:NYSE Investor Relations: pmi.com/investor-relations/overview
Company Research Source: Seeking Alpha
SFPs now comprise 41.4% of PM's product mix, driving high-single-digit shipment growth and international momentum. Despite a solid 3.5% yield and robust SFP performance, the risk/reward is balanced with limited upside at current valuation. I see regulatory risk, heavy reliance on pricing for combustibles, and recent earnings guidance cuts as key factors to monitor. Mumemories/iStock via Getty Images Philip Morris ( PM ) has been holding its ground YTD, but has meaningfully underperformed the consumer staples sector, as well as its core peers. While the company has shown great growth as of late, particularly in smokeless tobacco products, the Growth in smokeless tobacco (SFP), especially internationally, drives revenue, but the stock's 19.5x P/E and recent earnings cut suggest limited near-term upside. With shares up 6% on a guidance cut and fair valuation, I see a slightly negative skew in risk/reward, preferring entry at lower levels. Regulatory risk, especially around Show less Read more
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