How Analysts View Altria Group after Its Strong 3Q17 Earnings

Why Altria Group’s Margins Expanded in 3Q17

$0.82 EPS Expected for Stifel Financial (SF); Crawford Investment Counsel Increased Altria Group (MO) Stake By ...

It has underperformed by 16.70% the S&P500.

Looking forward, the company's quarterly earnings are expected to come at $0.14 in the three months through September 2017 and $0.18 in the quarter ending December 2017, reflecting -51.35% growth, respectively. That suggests something of the likelihood of a short squeeze in shares of MO. Its down 2.38% from 3.29 million shares previously.

More notable recent Altria Group Inc (NYSE:MO) news were published by: Fool.com which released: "The better buy is..." on November 01, 2017, also Seekingalpha.com with their article: "Altria Earnings: What I'll Be Watching" published on October 26, 2017, Seekingalpha.com published: "Better High-Yield Dividend Stock: Altria Or Philip Morris?" on October 12, 2017. (NYSE:RICE) traded up 1.11% in the last session while performance was up 28.35% in the last five days. About 51,415 shares traded. Altria Group has a 1-year low of $60.01 and a 1-year high of $77.79. It has underperformed by 4.78% the S&P500. Capital World Investors lifted its position in Altria Group by 27.6% during the second quarter. Its down 0.17, from 1.04 in 2017Q1. The value of the position overall is down by 7.9%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MO. Proshare Ltd Liability Company owns 175,019 shares. Proshare Advsr Ltd Llc reported 0.13% stake. Regis Mngmt Limited Liability Corporation has 13,158 shares. Connors Investor accumulated 4,099 shares. During the same period in the prior year, the firm earned $0.82 EPS. Stock Yards Retail Bank Co owns 63,204 shares or 0.57% of their U.S. portfolio. It is negative, as 100 investors sold FL shares while 161 reduced holdings. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/11/01/altria-group-mo-upgraded-to-buy-by-zacks-investment-research.html. (NYSE:FL). Shell Asset Management holds 0.04% or 33,393 shares. Sandhill Capital Prns Ltd reported 7,547 shares. Cap Advisors Ok holds 14,320 shares. D E Shaw & has 0.13% invested in Altria Group Inc (NYSE:MO) for 1.06 million shares. Foster Motley reported 0.15% of its portfolio in Foot Locker, Inc. Verus Financial Partners Inc who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $122.54 billion market cap company.

The P/E ratio is 8.47 and the market value is 123.82B. The Company's segments include smokeable products, smokeless products and wine. It has a 27.17 P/E ratio. The Company's subsidiaries include Philip Morris USA Inc., which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.1 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. The insider MUNOZ GEORGE sold $361,725. The shares were sold at an average price of $61.22, for a total transaction of $1,959,040.00. (NYSE:MO), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Finally, Piper Jaffray Companies set a $76.00 price target on shares of Altria Group and gave the stock a "buy" rating in a report on Thursday, July 27th. Finally, BidaskClub cut Altria Group from a "hold" rating to a "sell" rating in a research report on Wednesday, July 12th. Barclays Capital maintained the shares of MO in report on Thursday, March 30 with "Equal Weight" rating. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has "Hold" rating by RBC Capital Markets on Friday, September 1. The firm has "Hold" rating by Jefferies given on Thursday, August 24. Altria Group, Inc. (MO) has the market capitalization of 124.86 Billion. Stifel Nicolaus maintained it with "Buy" rating and $72.0 target in Monday, October 23 report. As per Friday, February 3, the company rating was downgraded by Berenberg.

Investors sentiment decreased to 0.87 in 2017 Q2. Its down 0.54, from 1.61 in 2017Q1. 26 funds opened positions while 84 raised stakes. Northern reported 1.58 million shares stake. Moreover, Caisse De Depot Et Placement Du Quebec has 0.01% invested in Mosaic Co (NYSE:MOS). Gideon Capital Advisors Inc sold 19,796 shares as the company's stock declined 2.84% while stock markets rallied. This buyback authorization authorizes the company to reacquire up to 0.7% of its shares through open market purchases. Invest Management Of Virginia Limited Liability Corp reported 169,961 shares stake. Nationwide Fund reported 37,897 shares. Iab Finance Fincl Bank reported 15,160 shares. 239,443 were accumulated by Loomis Sayles And Co Lp. Cubist Systematic Strategies Limited holds 0.03% or 17,517 shares in its portfolio. (NYSE:FL). Boston Ptnrs reported 0% in Foot Locker, Inc. Buckingham Asset Mgmt Ltd Liability Co stated it has 17,726 shares. 96,273 are owned by Suntrust Banks Incorporated.

Latest News