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Inflation Report

Altria Group, Inc.

Aug 11, 2023

MO:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Section 1: Company Fundamentals

Company Overview and Performance summary

Company Overview:

Altria Group, Inc. (NYSE: MO) is a holding company that provides a portfolio of tobacco products for United States tobacco consumers aged 21+. The Company operates through two segments: smokeable tobacco products and oral tobacco products.

This US Inflation Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

  • MO's share price has corrected by 3.83% in the past three months. Similarly, in the long term, the stock has corrected by 1.83% over the past year.
  • The stock is currently trading near to the lower end of its 52-week range of USD 11 and 52-week low price of USD 40.35, with the expectations of an upside movement from the current support levels.
  • The price is currently between its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 32.89.

1.1 Summary Table

1.2 The Key Positives & Negatives

 

1.3 Key Metrics

The company has been successful in controlling its spending and giving consistency to the revenues even throughout times of growing inflation across the global economies, which has led to higher net margins for the company than its rivals. Additionally, the company has generated free cash flows that are more than three times higher year over year due to the increased efficiency in managing profitability and sales.

Section 2: Altria Group Inc (“Buy” at the closing market price of USD 43.92, as of August 10, 2023)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is August 10, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.


Disclaimer-

Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.

Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.