How to buy Philip Morris International shares | PM historical share price and analysis

How to buy Philip Morris International shares

Own Philip Morris International shares in just a few minutes.

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Philip Morris International Inc (PM) is a leading tobacco business with stocks listed in the US. It opened the day at US$86.45 after a previous close of US$86.82. During the day the price has varied from a low of USD86.065 to a high of USD87.06. The latest price was USD87.08 (25 minute delay). Philip Morris International is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Philip Morris International

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Philip Morris International. Find the share by name or ticker symbol: PM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Philip Morris International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Philip Morris International, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Philip Morris International. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Philip Morris International share price

Use our graph to track the performance of PM stocks over time.

Philip Morris International shares at a glance

Information last updated 2021-03-11.
OpenUS$86.45
HighUS$87.06
LowUS$86.065
CloseUS$87.08
Previous closeUS$86.82
Change US$0.26
Change % 0.2995%
Volume 1,041,653
Information last updated 2021-04-16.
52-week rangeUS$63.0065 - US$92.54
50-day moving average US$88.2854
200-day moving average US$81.7908
Target priceUS$100.22
PE ratio 18.0019
Dividend yield US$4.74 (5.16%)
Earnings per share (TTM) US$5.16

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Philip Morris International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Philip Morris International price performance over time

Historical closes compared with the last close of $87.08

1 month (2021-03-22) -3.22%

Is Philip Morris International under- or over-valued?

Valuing Philip Morris International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Philip Morris International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Philip Morris International's P/E ratio

Philip Morris International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Philip Morris International shares trade at around 18x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Philip Morris International's PEG ratio

Philip Morris International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6885. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Philip Morris International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Philip Morris International's EBITDA

Philip Morris International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$12.7 billion (£9.2 billion).

The EBITDA is a measure of a Philip Morris International's overall financial performance and is widely used to measure a its profitability.

Philip Morris International financials

Revenue TTM US$28.7 billion
Operating margin TTM 40.85%
Gross profit TTM US$19.1 billion
Return on assets TTM 16.71%
Return on equity TTM 0%
Profit margin 28.08%
Book value -7.198
Market capitalisation US$144.8 billion

TTM: trailing 12 months

Shorting Philip Morris International shares

There are currently 10.2 million Philip Morris International shares held short by investors – that's known as Philip Morris International's "short interest". This figure is 8.6% up from 9.4 million last month.

There are a few different ways that this level of interest in shorting Philip Morris International shares can be evaluated.

Philip Morris International's "short interest ratio" (SIR)

Philip Morris International's "short interest ratio" (SIR) is the quantity of Philip Morris International shares currently shorted divided by the average quantity of Philip Morris International shares traded daily (recently around 5.0 million). Philip Morris International's SIR currently stands at 2.04. In other words for every 100,000 Philip Morris International shares traded daily on the market, roughly 2040 shares are currently held short.

However Philip Morris International's short interest can also be evaluated against the total number of Philip Morris International shares, or, against the total number of tradable Philip Morris International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Philip Morris International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Philip Morris International shares in existence, roughly 10 shares are currently held short) or 0.0066% of the tradable shares (for every 100,000 tradable Philip Morris International shares, roughly 7 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Philip Morris International.

Find out more about how you can short Philip Morris International stock.

Philip Morris International's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Philip Morris International.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Philip Morris International's total ESG risk score

Total ESG risk: 29.56

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Philip Morris International's overall score of 29.56 (as at 12/31/2018) is nothing to write home about – landing it in it in the 42nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Philip Morris International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Philip Morris International's environmental score

Environmental score: 7.29/100

Philip Morris International's environmental score of 7.29 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Philip Morris International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Philip Morris International's social score

Social score: 15.97/100

Philip Morris International's social score of 15.97 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Philip Morris International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Philip Morris International's governance score

Governance score: 16.81/100

Philip Morris International's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Philip Morris International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Philip Morris International's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Philip Morris International scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Philip Morris International hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Philip Morris International Inc was last rated for ESG on: 2019-01-01.

Total ESG score 29.56
Total ESG percentile 42.14
Environmental score 7.29
Environmental score percentile 8
Social score 15.97
Social score percentile 8
Governance score 16.81
Governance score percentile 8
Level of controversy 3

Philip Morris International share dividends

92%

Dividend payout ratio: 92.08% of net profits

Recently Philip Morris International has paid out, on average, around 92.08% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Philip Morris International shareholders could enjoy a 5.23% return on their shares, in the form of dividend payments. In Philip Morris International's case, that would currently equate to about $4.74 per share.

Philip Morris International's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Philip Morris International's most recent dividend payout was on 8 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 March 2021 (the "ex-dividend date").

Philip Morris International share price volatility

Over the last 12 months, Philip Morris International's shares have ranged in value from as little as US$63.0065 up to US$92.54. A popular way to gauge a stock's volatility is its "beta".

PM.US volatility(beta: 0.84)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Philip Morris International's is 0.8384. This would suggest that Philip Morris International's shares are less volatile than average (for this exchange).

Philip Morris International overview

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

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