Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
Rockwell Automation Rises on $2.2 Billion Deal for Plex Systems
Rockwell Automation agreed to buy Plex Systems, a manufacturing-software platform, for $2.2 billion from the private-equity firm Francisco Partners.
) pushed the Tobacco industry lower today making it today's featured Tobacco laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Philip Morris International fell $1.25 (-1.4%) to $89.30 on average volume. Throughout the day, 5.5 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in price between $89.30-$91.56 after having opened the day at $90.86 as compared to the previous trading day's close of $90.55. Another company within the Tobacco industry that decreased today was
), down 2.3%.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $153.03 billion and is part of the
sector. The company has a P/E ratio of 18.8, above the average tobacco industry P/E ratio of 18 and above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and three rate it a hold.
TheStreet Ratings rates Philip Morris International as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Philip Morris International Ratings Report.
- Use our tobacco section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the tobacco industry could consider
) while those bearish on the tobacco industry could consider
PowerShares DB Agriculture Sht ETN
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now