PM
Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV...
First Eagle Global Fund Portfolio Holding: Philip Morris International Inc.
Philip Morris International (PM) demonstrated strong earnings, though sales were impacted by regulatory issues in Indonesia and Turkey. The company's growth is increasingly reliant on its noncombustible product segment. It is characterized as a cash-flow-generative business that provides robust shareholder returns through dividends and buybacks. The author maintains a constructive view on the company's dependable cash generation capabilities.
Are Wall Street Analysts Predicting Philip Morris Stock Will Climb or Sink?
Philip Morris International (PM) has significantly outperformed the market, with its stock surging 78.1% over the past 52 weeks. The company's transition to a smoke-free future, driven by products like IQOS and ZYN, is a key growth driver, with smoke-free products accounting for 42% of total revenues in Q1 2025. Following strong Q1 results and an increased full-year EPS guidance, Wall Street analysts hold a 'Strong Buy' consensus rating on the stock, indicating a positive outlook on its future performance.