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Philip Morris International Inc (NYSE:PM). has reached an all-time high, with its stock price soaring to $171.87. According to InvestingPro data, the company’s market capitalization now stands at $265 billion, with current analysis suggesting the stock is trading above its Fair Value. This milestone underscores the company’s robust performance over the past year, which has seen an impressive 87.39% total return. With a strong gross profit margin of 65.7% and consistent dividend payments for 18 consecutive years, investors have shown increasing confidence in the tobacco giant’s strategy and market position, propelling the stock to new heights and eclipsing previous records. The surge to an all-time high reflects a significant turnaround and a period of sustained growth for Philip Morris, as the company continues to navigate the evolving landscape of the tobacco industry. For deeper insights into PM’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, which covers 14 additional key metrics and analysis points.
In other recent news, Philip Morris International Inc. reported a strong performance for the first quarter of 2025, with earnings per share (EPS) of $1.69, exceeding the forecast of $1.60. The company also surpassed revenue expectations, reporting $9.3 billion against a forecast of $9.06 billion, marking a 10.2% increase in organic net revenue. Analysts at UBS upgraded Philip Morris from a Sell to a Neutral rating and raised the price target to $170, highlighting the company’s robust performance and the strength in its Smoke-Free product line. Stifel analysts also raised their price target for Philip Morris shares to $186 while maintaining a Buy rating, citing significant organic revenue and profit growth. Philip Morris’s smoke-free products accounted for 44% of total gross profit, with ZYN shipments increasing by 53%, leading to an upward revision of the 2025 guidance. The company’s ability to leverage pricing power and expand its smoke-free product line has positioned it for continued growth through 2025 and beyond. These developments reflect a positive outlook for Philip Morris, with analysts expressing confidence in its strategic focus and market positioning.
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