Philip Morris Intl. Inc. stock trades under the ticker PM & has shown recent bullishness that traders & investors should take a closer look into.
PM stock closed at $103.59/share on 2/4/2022
Philip Morris Intl. Inc. PM Stock’s Technicals Broken Down
PM Stock Price: $103.59
10 Day Moving Average: $102.73
50 Day Moving Average: $95.59
200 Day Moving Average: $95.63
RSI: 65.5
PM stock has been trading on above average volume this last month, compared with the rest of the year prior.
Their 50 Day MA is primed to bullishly break through their 200 Day MA today, and their RSI is approaching overbought territory at 65.5.
The $103.75-.80-level is going to be a big test for them, as that was their year’s prior high level.
While their MACD is currently bearish, I would be keeping an eye on it as they continue to try to break out above the $104-level for a shift in momentum.
Philip Morris Intl. Inc. PM Stock As A Long-Term Investment
Long-term investors in PM stock may find their P/E (ttm) appealing, at 18.09.
Their P/B (mrq) is negative, which may be a problem to some investors.
PM stock’s Quarterly Revenue Growth Y-o-Y is 9.10%, with Quarterly Earnings Growth Y-o-Y of 5.2%.
Their balance sheet will require a closer examination, with $4.49B in Total Cash (mrq) & Total Debt (mrq) of $29.11B.
Their prices move in a less volatile manner than the average market, with a beta of 0.83.
PM stock pays a 4.67% dividend yield, however this may not be stable in the long run, as their payout ratio is 84.5%.
Despite this, they have 76% of their total share float held by institutional investors.
Philip Morris Intl. Inc. PM Stock As A Short-Term Trade Using Options
PM stock has options that can be traded to take advantage of their price movements in either direction, while also hedging against volatility.
I am looking at the contracts with the 2/28 expiration date.
The $102 & $103 call options look appealing, but are low in open interest.
This stands out as the $105’s have more liquidity than the $102, $103 & $104 calls, signaling that the market feels strongly about their performance heading in that direction as we carry on into February.
The $104 & $105 puts also look interesting, as the $106’s have no open interest.
Tying It All Together
All-in-all, there look to be many appealing characteristics to PM stock.
Investors will find its valuation & dividend appealing, but may have questions about their debt structuring.
Traders will like their current momentum, as they try to break above the $104/share level.
Overall, PM stock is worth taking a closer look at.
*** I DO NOT HAVE A POSITION IN PM AT THE TIME OF WRITING THIS, BUT I AM RESEARCHING THEM FURTHER ***