Altria Group (MO) Scheduled to Post Earnings on Thursday
Altria Group (NYSE:MO) will be posting its quarterly earnings results on Thursday, January 30th. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of Altria Group (NYSE:MO) opened at 36.85 on Wednesday. Altria Group has a 1-year low of $33.12 and a 1-year high of $38.58. The stock has a 50-day moving average of $37.53 and a 200-day moving average of $36.23. The company has a market cap of $73.626 billion and a price-to-earnings ratio of 14.37. Altria Group also was the recipient of unusually large options trading activity on Monday. Stock investors bought 31,606 call options on the company. This is an increase of approximately 623% compared to the typical daily volume of 4,369 call options.
Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Altria Group in a research note to investors on Tuesday. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Altria Group presently has an average rating of “Buy” and a consensus target price of $39.63.
Altria Group, Inc is a holding company. At December 31, 2012, Altria Group, Inc’s direct and indirect wholly owned subsidiaries included Philip Morris USA Inc (NYSE:MO), which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA; and UST LLC (UST), which through its direct and indirect wholly owned subsidiaries, including U.
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