Altria Group, Inc. (NYSE:MO) registered a 0.25% increase, still its new closing price is 26.92% up from the company’s 1 year high of 71.22.It posted 1.46% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 13 stock analysts following this company have an average price target at $70.18, with individual PT in the $62.00-$80.00 range. The shares moved at $71.03, implying that brokerage firms see shares gaining about 23.50% in twelve months time.
Altria Group, Inc. (MO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 5.04% rise year to date. A Chairman, CEO & President at Altria Group, Inc. (MO) offloaded shares in a transaction closed on Monday October 31, 2016. Barrington Martin J. sold 15,960 shares in the company at $65.85 each and collected $1,050,001 in proceeds. Barrington Martin J. now owns 801,658 shares in the company after this transaction. A SVP HR Compliance InfoSvcs&CCO in the company, Whitaker Charles N., disclosed a transaction on Thursday August 04, 2016 that ended up generating $731,001 from the sale of 11,000 shares at $66.53 per share.
Altria Group, Inc. (NYSE:MO) Upcoming Results on Tap
Altria Group, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.88 in that period. Sales during the quarter are predicted to arrive at $4.6 billion.
Earnings surprise history: Last quarter, the company posted approximately $5.19 billion in revenue and EPS of $0.82. The mean forecast was for $5.11 billion and $0.80 a share, respectively. One quarter earlier, revenue for the stock was at $4.88 billion, with earnings at $0.81/share.
Altria Group, Inc. (MO) Brokerage Update
Altria Group, Inc. (MO) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by BofA/Merrill, according to news reported on Wednesday January 04, 2017.Another important research note was issued by BofA/Merrill on Thursday March 24, 2016.The firm downgraded MO to Neutral from Buy. Over the last six months and over the last three months, the shares of Altria Group, Inc. (MO), have changed 7.82% and 11.09%, respectively.