Shares of Consumer Defensive sector company Philip Morris International moved 0.4% today, and are now trading at a price of $93.26. The large-cap stock's daily volume was 1,160,175 compared to its average volume of 4,305,030. The S&P 500 index returned a -0.0% performance.
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company is based in Stamford and has 79,800 full time employees. Its market capitalization is $144,777,756,672. Philip Morris International currently offers its equity investors a dividend that yields 5.5% per year.
16 analysts are following Philip Morris International and have set target prices ranging from $85.5 to $130.0 per share. On average, they have given the company a rating of buy. At today's prices, PM is trading -14.81% away from its average analyst target price of $109.47 per share.
Over the last year, PM shares have gone down by -7.0%, which represents a difference of -24.0% when compared to the S&P 500. The stock's 52 week high is $105.62 per share and its 52 week low is $87.23. Although Philip Morris International's average free cash flow over the last 6 years has been $9.18 Billion, they have been decreasing at an average rate of -0.9%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 8,995,000 | 1,357,000 | 7,638,000 | -21.47 |
| 2022 | 10,803,000 | 1,077,000 | 9,726,000 | -13.31 |
| 2021 | 11,967,000 | 748,000 | 11,219,000 | 21.81 |
| 2020 | 9,812,000 | 602,000 | 9,210,000 | -0.3 |
| 2019 | 10,090,000 | 852,000 | 9,238,000 | 14.87 |
| 2018 | 9,478,000 | 1,436,000 | 8,042,000 |
