Lorillard Inc. (LO): Today's Featured Tobacco Winner
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 higher today making it today's featured tobacco winner. The industry as a whole closed the day up 0.5%. By the end of trading, Lorillard rose $0.57 (1.4%) to $42.49 on light volume. Throughout the day, 2,217,507 shares of Lorillard exchanged hands as compared to its average daily volume of 3,339,900 shares. The stock ranged in a price between $41.88-$42.59 after having opened the day at $42.31 as compared to the previous trading day's close of $41.92.
Lorillard, Inc. manufactures and sells cigarettes in the United States. The company operates through two segments, Cigarettes and Electronic Cigarettes. The Cigarettes segment manufactures and sells cigarettes. Lorillard has a market cap of $15.7 billion and is part of the consumer goods sector. Shares are up 7.8% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Lorillard a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Lorillard
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Lorillard Ratings Report.
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