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Stock impact report

Philip Morris: The Stock Appears Fully Valued Based On Its Dividends [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
PM's strong dividend growth, robust smoke-free segment expansion, and perceived undervaluation previously justified a Buy rating, which may no longer be warranted at the current share price. Recent topline miss and rapid share appreciation prompt a reassessment of whether fundamentals support current valuation. My updated dividend discount model, using the latest earnings to evaluate PM's valuation, suggest that the stock is fully valued, with limited upside potential from the current price point. Baloncici/iStock Editorial via Getty Images Philip Morris International Inc. ( PM ) is one of the key global players in the tobacco and smoke-free products space. I started covering the firm in April 2023 with an initial neutral rating , which I recently upgraded to This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I w Show less Read more
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