Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Tobacco industry lower today making it today's featured Tobacco laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Altria Group fell $0.47 (-1.2%) to $37.14 on heavy volume. Throughout the day, 12,550,323 shares of Altria Group exchanged hands as compared to its average daily volume of 8,053,600 shares. The stock ranged in price between $36.68-$37.64 after having opened the day at $37.63 as compared to the previous trading day's close of $37.61. Another company within the Tobacco industry that decreased today was
), down 3.0%.
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Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. Altria Group has a market cap of $75.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 19.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Altria Group a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Altria Group Ratings Report.
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