WallStreetZenWallStreetZen

Sectors & IndustriesConsumer DefensiveTobacco
Best Tobacco Stocks to Buy Now (2024)
Top tobacco stocks in 2024 ranked by overall Zen Score. See the best tobacco stocks to buy now, according to analyst forecasts for the tobacco industry.

Industry: Tobacco
OverviewZen Score
PriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
MO
ALTRIA GROUP INC
52
57
43
11
50
100
UVV
UNIVERSAL CORP
47
43
43
0
50
100
RLX
RLX TECHNOLOGY INC
46
43
100
0
40
–
VGR
VECTOR GROUP LTD
43
57
29
11
60
60
TPB
TURNING POINT BRANDS INC
39
29
57
0
50
60

Upgrade to Premium to View More

Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

Already have a premium account? Sign In
123

Tobacco Stocks FAQ

What are the best tobacco stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best tobacco stocks to buy right now are:

1. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the top tobacco stock with a Zen Score of 52, which is 22 points higher than the tobacco industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Altria Group has seen its stock lose -9.41% over the past year, overperforming other tobacco stocks by 34 percentage points.

Altria Group has an average 1 year price target of $43.25, an upside of 2.76% from Altria Group's current stock price of $42.09.

Altria Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Altria Group, 50% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.

2. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the second best tobacco stock with a Zen Score of 47, which is 17 points higher than the tobacco industry average of 30. It passed 16 out of 38 due diligence checks and has strong fundamentals. Universal has seen its stock lose -5.75% over the past year, overperforming other tobacco stocks by 38 percentage points.

3. Rlx Technology (NYSE:RLX)


Rlx Technology (NYSE:RLX) is the third best tobacco stock with a Zen Score of 46, which is 16 points higher than the tobacco industry average of 30. It passed 14 out of 33 due diligence checks and has strong fundamentals. Rlx Technology has seen its stock lose -35.97% over the past year, overperforming other tobacco stocks by 8 percentage points.

Rlx Technology has an average 1 year price target of $2.76, an upside of 55.06% from Rlx Technology's current stock price of $1.78.

Rlx Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rlx Technology, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the tobacco stocks with highest dividends?

Out of 6 tobacco stocks that have issued dividends in the past year, the 3 tobacco stocks with the highest dividend yields are:

1. British American Tobacco (NYSE:BTI)


British American Tobacco (NYSE:BTI) has an annual dividend yield of 9.79%, which is 3 percentage points higher than the tobacco industry average of 6.58%. British American Tobacco's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. British American Tobacco's dividend has not shown consistent growth over the last 10 years.

British American Tobacco's dividend payout ratio of -34.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) has an annual dividend yield of 9.22%, which is 3 percentage points higher than the tobacco industry average of 6.58%. Altria Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Altria Group's dividend has shown consistent growth over the last 10 years.

Altria Group's dividend payout ratio of 84% indicates that its high dividend yield is sustainable for the long-term.

3. Vector Group (NYSE:VGR)


Vector Group (NYSE:VGR) has an annual dividend yield of 7.78%, which is 1 percentage points higher than the tobacco industry average of 6.58%. Vector Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Vector Group's dividend has not shown consistent growth over the last 10 years.

Vector Group's dividend payout ratio of 68.4% indicates that its high dividend yield is sustainable for the long-term.

Why are tobacco stocks up?

Tobacco stocks were up 2.05% in the last day, and up 4.44% over the last week.

We couldn't find a catalyst for why tobacco stocks are up.

What are the most undervalued tobacco stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued tobacco stocks right now are:

1. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the most undervalued tobacco stock based on WallStreetZen's Valuation Score. Altria Group has a valuation score of 57, which is 31 points higher than the tobacco industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Altria Group's stock has dropped -9.41% in the past year. It has overperformed other stocks in the tobacco industry by 34 percentage points.

2. Vector Group (NYSE:VGR)


Vector Group (NYSE:VGR) is the second most undervalued tobacco stock based on WallStreetZen's Valuation Score. Vector Group has a valuation score of 57, which is 31 points higher than the tobacco industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Vector Group's stock has dropped -21.35% in the past year. It has overperformed other stocks in the tobacco industry by 22 percentage points.

3. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the third most undervalued tobacco stock based on WallStreetZen's Valuation Score. Universal has a valuation score of 43, which is 17 points higher than the tobacco industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Universal's stock has dropped -5.75% in the past year. It has overperformed other stocks in the tobacco industry by 38 percentage points.

Are tobacco stocks a good buy now?

60% of tobacco stocks rated by analysts are a strong buy right now. On average, analysts expect tobacco stocks to rise by 10.28% over the next year.

What is the average p/e ratio of the tobacco industry?

The average P/E ratio of the tobacco industry is 10.96x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.