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Altria (MO) Ascends While Market Falls: Some Facts to Note

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Altria (MO - Free Report) closed the most recent trading day at $73.13, moving +2.19% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 1.11% for the day. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 1.88%.

Shares of the owner of Philip Morris USA, the nation's largest cigarette maker witnessed a gain of 2.51% over the previous month, beating the performance of the Consumer Staples sector with its loss of 0.28%, and the S&P 500's gain of 2.06%.

The investment community will be paying close attention to the earnings performance of Altria in its upcoming release. The company is slated to reveal its earnings on October 29, 2026. In that report, analysts expect Altria to post earnings of $1.5 per share. This would mark year-over-year growth of 3.45%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.31 billion, up 1.03% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.67 per share and revenue of $20.56 billion. These totals would mark changes of +4.61% and +2.08%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for Altria. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Altria is holding a Zacks Rank of #2 (Buy) right now.

In terms of valuation, Altria is currently trading at a Forward P/E ratio of 12.61. This valuation marks a discount compared to its industry average Forward P/E of 13.06.

Meanwhile, MO's PEG ratio is currently 2.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Tobacco industry currently had an average PEG ratio of 2.11 as of yesterday's close.

The Tobacco industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.

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

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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