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 $99.02, up 1.39% from the previous day, and has increased 0.68% in one year. It has overperformed other stocks in the Tobacco industry by 0.42 percentage points. Philip Morris International stock is currently +13.52% from its 52-week low of $87.23, and -1.76% from its 52-week high of $100.79.
There are currently 1.55B shares of PM outstanding. The market value of PM is $153.72B. In the past 24 hours, 13.3M 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.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro now.
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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
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 19.73x, relative to Tobacco industry P/E ratio of 11.69x
- PM may be undervalued based on its PEG ratio of 0.93x
You can do additional valuation analysis on PM's stock here.
Is PM a healthy company?
Passed Financial Due Diligence Checks:
- PM earnings of $11.21B is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- PM debt to equity ratio of -6.66 is negative.
- PM's operating cash flow of $9.20B allows it to safely service it's debt of $47.91B.
- There are more short-term liabilities than short-term assets on the PM balance sheet.
- There are more long-term liabilities than short-term assets on the PM balance sheet.
- Total PM debt is still negative.
- PM profit margin has gone down from 28.5% to 22.2% in the past year.
Do analysts think it's a good time to buy Philip Morris International stock
Out of 4 sell side analysts who research PM, the consensus analyst rating on PM is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Philip Morris International stock forecast page.
PM Momentum
PM Performance Metrics
Last year, PM earnings were $7.81B. During the last five year, PM's earnings have gone up by -0.24% per year. This was slower than the Tobacco industry average of 1.94%.
Last year, PM revenue was $35.17B. In the last five year, PM's revenue has gone up by 3.49% per year. This was faster than the Tobacco industry average of 2.7%.
Learn more about PM's earnings and revenue performance here.
Latest Insiders Trades at PM
Over the past year, executives and large shareholders at PM have sold more shares than they have bought.
Massimo Andolina, President Europe Region of PM, was the latest PM insider to sell. They sold $772,447.50 worth of PM stock on Mar 15, 2024.
Dig into more about who owns PM shares here.
Can I rely on PM as an income stream?
Philip Morris International pays a dividend of 5.22%, compared to the Tobacco industry's average dividend yield of 6.45%. If you owned $1,000 of PM stock, you would have received $52.21 last year.
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.
What others are saying about PM
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your PM buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your PM investment
Now that you own some PM shares, you'll want to stay up-to-date on your shares.
Create a watchlist to get notified of the latest news about your PM stock.
PM Feed
How to Buy Stock in Philip Morris International
To summarize, here are the 6 steps to buy Philip Morris International stock:
- 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 favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Philip Morris International, create a watchlist today.
More Content You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.