How to Buy Philip Morris International Stock
Philip Morris International Inc
Philip Morris International is a tobacco company located in New York, United States, which is part of the Consumer Defensive sector, and is traded under the ticker PM on the NYSE exchange.
Philip Morris International stock last closed at $90.75, up 0.53% from the previous day, and has decreased 1.98% in one year. It has overperformed other stocks in the Tobacco industry by 0.1 percentage points. Philip Morris International stock is currently +9.54% from its 52-week low of $82.85, and -17.36% from its 52-week high of $109.81.
There are currently 1.55B shares of PM outstanding. The market value of PM is $140.68B. In the past 24 hours, 3.9M PM shares were traded.
How to Buy Philip Morris International Stock
Not sure how to invest in Philip Morris International stock? Here's how.
- Decide where to buy Philip Morris International stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Philip Morris International stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Philip Morris International stock: The Philip Morris International ticker symbol is PM. Is Philip Morris International stock a good investment? Should you buy shares of PM? How do PM's underlying business fundamentals look? Do top analysts think Philip Morris International is a good buy? Why has PM's stock price moved recently? (Hint: Our stock market research tools can help you decide if PM is a good stock to buy).
- Place your PM buy order: Decide if you will purchase PM shares at the current market price or use a limit order to purchase PM stock at a given price.
- Keep tabs on your PM investment: Create a watchlist to the latest updates on your investment in Philip Morris International shares.
Step 1: Decide where to buy Philip Morris International stock
You will need an online brokerage account to access the NYSE market and buy PM shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in PM today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal data to create your new trading account.
- Submit your information by pressing the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have filled out your info on the greatest app to buy stocks, you need to deposit funds:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Research Philip Morris International stock
After you have selected the best place to buy Philip Morris International stock, it's very important to evaluate their stock before you buy, so you truly wrap your head around the risk and upside.
Philip Morris International stock quick numbers
Philip Morris International Zen Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PM's stock page.
Is PM stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PM's true value.
Using relative valuations methods:
- PM could be overvalued based on its P/E ratio of 15.59x, relative to Tobacco industry P/E ratio of 13.55x
- PM may be overvalued based on its PEG ratio of 2.53x
You can do additional valuation analysis on PM's stock here.
Is PM a healthy company?
Passed Financial Due Diligence Checks:
- PM earnings of $11.88B is not enough to cover its interest payments.
- PM profit margin has gone up from 11.1% to 11.2% in the past year.
- PM's operating cash flow of $10.80B allows it to safely service it's debt of $43.12B.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the PM balance sheet.
- Total PM debt is still negative.
- There are more short-term liabilities than short-term assets on the PM balance sheet.
- PM debt to equity ratio of -7.59 is negative.
Do analysts think it's a good time to buy Philip Morris International stock
Out of 7 sell side analysts who research PM, the consensus analyst rating on PM is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest PM Analyst Recommendations
Nik Oliver, a bottom 43% analyst from UBS upgrades PM to a strong buy rating and raises their PM price target from $106.00 to $116.00, on Mar 1, 2023.
Jared Dinges, a bottom 38% analyst from JP Morgan maintains PM with a hold rating and raises their PM price target from $95.00 to $109.00, on Feb 13, 2023.
Pamela Kaufman, a top 20% analyst from Morgan Stanley maintains PM with a strong buy rating and raises their PM price target from $109.00 to $118.00, on Feb 2, 2023.
Kaufman raised her price target on Philip Morris International Inc. by 8.3% ahead of the release of the company's Q4 and FY 2022 earnings report on 2023/02/09.
She increased her FY 2023 estimates by ~9% to account for the Swedish Match* acquisition and improving Forex impacts.
* From the company's 2022/12/05 press release, here: "PMI and Swedish Match share a mutual vision of a smoke-free world, and a firm commitment to developing, scientifically substantiating, and responsibly commercializing smoke-free products that are a better alternative to cigarettes.
"Swedish Match’s leading nicotine pouch product, ZYN, will bolster our growing smoke-free portfolio of heated tobacco products, e-vapor devices, and oral nicotine products."
Bonnie Herzog, a top 17% analyst from Goldman Sachs upgrades PM to a strong buy rating and raises their PM price target from $95.00 to $120.00, on Jan 25, 2023.
Owen Bennett, a bottom 5% analyst from Jefferies upgrades PM to a strong buy rating and announces their PM price target of $118.00, on Jan 19, 2023.
You can dive deeper into what analysts are saying on the Philip Morris International stock forecast page.
PM Momentum
PM Performance Metrics
Last year, PM earnings were $9.05B. Over the last 5 year, PM's earnings have increased by 8.45% per year. This was faster than the Tobacco industry average of -4.35%.
Last year, PM revenue was $80.67B. Over the past 5 year, PM's revenue has gone up by 0.65% per year. This was slower than the Tobacco industry average of 2.98%.
Learn more about PM's earnings and revenue performance here.
Are PM executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at PM have sold more shares than they have bought.
Werner Barth, Pr.CombusiblesGlobalComb.Mktg of PM, was the latest PM insider to sell. They sold $786,816.00 worth of PM stock on Mar 2, 2023.
Get more info about who owns PM shares here.
Can I get consistent income from PM stock?
Philip Morris International pays a dividend of 5.58%, compared to the Tobacco industry's average dividend yield of 6.09%. If you owned $1,000 of PM stock, you would have received $55.76 in the past 12 months.
Philip Morris International dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Philip Morris International dividend yield and history here.
Get analysis from other traders
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Step 5: Place your PM buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your PM investment
Now that you own some PM shares, you'll want to keep up with your new investment.
Put PM on a watchlist to get notified of the latest news about your PM stock.
PM Feed
How to Buy Stock in Philip Morris International
To reiterate, here are the 6 steps to buy stock in Philip Morris International:
- Decide where to buy Philip Morris International stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Philip Morris International stock
- Place your PM buy order
- Keep tabs on your PM investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Philip Morris International, hit the button below to create your watchlist.
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