Philip Morris International ( PM) pushed the Tobacco industry higher today making it today's featured tobacco winner. The industry as a whole closed the day up 1.7%. By the end of trading, Philip Morris International rose $1.06 (1.2%) to $88.57 on average volume. Throughout the day, 4,244,155 shares of Philip Morris International exchanged hands as compared to its average daily volume of 5,232,300 shares. The stock ranged in a price between $87.78-$89.12 after having opened the day at $88.01 as compared to the previous trading day's close of $87.51. Other companies within the Tobacco industry that increased today were: Lorillard ( LO), up 3.1% and Reynolds American ( RAI), up 2.5%.
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $143.5 billion and is part of the consumer goods sector. Shares are up 4.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.