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Altria (MO) Rises As Market Takes a Dip: Key Facts

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In the latest trading session, Altria (MO - Free Report) closed at $69.38, marking a +1.21% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.

The stock of owner of Philip Morris USA, the nation's largest cigarette maker has risen by 0.56% in the past month, leading the Consumer Staples sector's loss of 4.35% and undershooting the S&P 500's gain of 1.4%.

Analysts and investors alike will be keeping a close eye on the performance of Altria in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. The company is forecasted to report an EPS of $1.5, showcasing a 3.45% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $5.33 billion, indicating a 1.49% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.67 per share and revenue of $20.63 billion, indicating changes of +4.61% and +2.46%, respectively, compared to the previous year.

Any recent changes to analyst estimates for Altria should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. 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. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Altria presently features a Zacks Rank of #3 (Hold).

Digging into valuation, Altria currently has a Forward P/E ratio of 12.08. This indicates a discount in contrast to its industry's Forward P/E of 13.43.

It is also worth noting that MO currently has a PEG ratio of 2.43. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Tobacco stocks are, on average, holding a PEG ratio of 2.01 based on yesterday's closing prices.

The Tobacco industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 223, finds itself in the bottom 10% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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