financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Maintains Hold Opinion On Shares Of Philip Morris International Inc.
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Maintains Hold Opinion On Shares Of Philip Morris International Inc.
Jul 22, 2025 10:04 AM

12:50 PM EDT, 07/22/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month target of $175, based on a 2026 P/E of 21.2x, a justified premium to its 10-year mean forward P/E of 17.8x due to growth prospects. We raise our adjusted EPS estimates to $7.50 from $7.45 for 2025 and to $8.25 from $8.15 for 2026. PM posted Q2 adjusted EPS of $1.91 vs. $1.59 (+20%) in Q2 2024, ahead of the $1.86 consensus. Net sales rose 7.1% to $10.14 billion ($190 million below consensus) and gross margin expanded 300 bps to 67.7% (120 bps ahead of consensus). PM again raised full-year adjusted EPS guidance to $7.43-$7.56 from $7.36-$7.49 previously (current consensus = $7.49). Despite the beat and raise, PM shares are currently trading down more than 8%. While we thought it was a solid earnings release, we think the surprisingly weaker-than-expected sales growth spooked investors and that many were hoping for a larger upward guidance revision. The stock has been a massive outperformer so far in 2025, and we think the profit-taking is a case of the stock being priced for perfection.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Lowers Opinion On Adss Of Sea Limited To Hold From Buy
Research Alert: CFRA Lowers Opinion On Adss Of Sea Limited To Hold From Buy
May 7, 2024
11:20 AM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our target price of USD67 (from USD62) is 28x 2024 EV/EBITDA, comparable to the peer median. We forecast revenue growth of 13%/15% in 2024/2025, driven by Shopee's increased traction in...
Research Alert: CFRA Retains Hold Opinion On Shares Of Waters Corporation
Research Alert: CFRA Retains Hold Opinion On Shares Of Waters Corporation
May 7, 2024
09:50 AM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We keep our target price at $315, 23.9x our 2025 EPS view, in line with WAT's 10-year historical forward P/E average. We cut our 2024 EPS estimate to $11.75 from...
Research Alert: CFRA Reiterates Strong Sell Opinion On Shares Of Vornado Realty Trust
Research Alert: CFRA Reiterates Strong Sell Opinion On Shares Of Vornado Realty Trust
May 7, 2024
11:25 AM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: After the earnings miss, we trim our price target by $1 to $21, using forward P/FFO of 9.5x our 2024 FFO estimate. This represents a premium to office REIT peers...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Simon Property Group, Inc.
Research Alert: CFRA Maintains Hold Opinion On Shares Of Simon Property Group, Inc.
May 7, 2024
10:25 AM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our target by $8 to $151, on a forward P/FFO of 11.8x our 2024 FFO estimate, a premium to SPG's five-year average multiple (10.5x) due to the strong...
Copyright 2023-2026 - www.financetom.com All Rights Reserved