Professional
Added to YB: 2024-07-04
Pitch date: 2024-06-25
MO [bullish]
Altria Group, Inc.
+39.11%
current return
Author Info
No bio for this author
Company Info
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.
Market Cap
$97.5B
Pitch Price
$42.23
Price Target
58.00 (-1%)
Dividend
7.30%
EV/EBITDA
9.13
P/E
11.09
EV/Sales
5.94
Sector
Tobacco
Category
value
Altria Group, Inc.: Raised FVE on Slower US Decline and Revised Capital Market Assumptions; Shares Undervalued
Altria (MO) FVE raised to $58 on slower US decline & lower cost of equity. 2024 P/E 11.5x, EV/EBITDA 8.5x, 7% div yield. Undervalued at mid-$40s. Forecast 0.9% annual rev growth next 5yrs as price hikes offset volume declines. OCI margin ~60%. Wide moat from addictive products & high barriers. Risks: reg changes, litigation. Poor capital allocation rating due to investment missteps.
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