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Altria (MO) Increases Despite Market Slip: Here's What You Need to Know

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Altria (MO - Free Report) ended the recent trading session at $75.16, demonstrating a +1.78% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.09% for the day. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 2.15%.

Prior to today's trading, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had gained 5.94% outpaced the Consumer Staples sector's gain of 1.5% and the S&P 500's gain of 2.44%.

Market participants will be closely following the financial results of Altria in its upcoming release. The company plans to announce its earnings on October 29, 2026. The company is forecasted to report an EPS of $1.51, showcasing a 4.14% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $5.3 billion, reflecting a 0.98% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $5.67 per share and a revenue of $20.56 billion, demonstrating changes of +4.61% and +2.08%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Altria. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing 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.

With respect to valuation, Altria is currently being traded at a Forward P/E ratio of 13.01. This signifies no noticeable deviation in comparison to the average Forward P/E of 13.01 for its industry.

Investors should also note that MO has a PEG ratio of 2.63 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Tobacco industry stood at 2.15 at the close of the market yesterday.

The Tobacco industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 174, placing it within the bottom 30% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow MO in the coming trading sessions, be sure to utilize Zacks.com.

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