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Altria (MO) Gains As Market Dips: What You Should Know

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Altria (MO - Free Report) ended the recent trading session at $74.21, demonstrating a +1.62% change from the preceding day's closing price. This change outpaced the S&P 500's 1.01% loss on the day. Meanwhile, the Dow experienced a drop of 0.77%, and the technology-dominated Nasdaq saw a decrease of 1.4%.

The stock of owner of Philip Morris USA, the nation's largest cigarette maker has risen by 5.66% in the past month, leading the Consumer Staples sector's gain of 1.62% and the S&P 500's gain of 0.32%.

The investment community will be closely monitoring the performance of Altria in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2026. The company is expected to report EPS of $1.5, up 4.17% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $5.36 billion, indicating a 1.36% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $5.7 per share and a revenue of $20.55 billion, demonstrating changes of +5.17% and +2.02%, respectively, from the preceding year.

Any recent changes to analyst estimates for Altria should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.04% higher. Altria currently has a Zacks Rank of #2 (Buy).

With respect to valuation, Altria is currently being traded at a Forward P/E ratio of 12.81. This expresses a discount compared to the average Forward P/E of 13.12 of its industry.

We can also see that MO currently has a PEG ratio of 2.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Tobacco industry currently had an average PEG ratio of 2.23 as of yesterday's close.

The Tobacco industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 219, this industry ranks in the bottom 11% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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