Philip Morris International Inc. (PM) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
PM is upgraded to a "buy" due to strong smoke-free growth and resilient combustible segment performance. PM's smoke-free products now comprise 41.3% of sales, with ZYN, IQOS, and VEEV brands showing robust global momentum and market leadership. Unlike MO, PM continues to grow its top-line in both smoke-free and traditional segments, justifying its valuation premium over peers.
PM's meltdown from recent heights has occurred as expected, with the prior rally occurring too fast, while triggering the impacted dividend investment thesis. This is especially since the previous Zyn supply tightness has triggered its deteriorating volume market share, with the company having to engage on aggressive marketing during recent brand relaunch. PM is finally reasonably valued at estimated 3Y PEG ratio of 1.77x, aided by the richer profit margins and the robust smoke free growth prospects.
Philip Morris reported a robust set of Q3 2025 earnings, which along with a dividend increase and recent price drop could be plus points for the stock. However, the case for the stock remains weak in the short-term as the forward P/E is still high and the dividend yield isn't competitive against peers. Over the long-term, however, a Buy case gets stronger. Not only is PM's position as a leading smoke-free products providers likely to get cemented, its stock metrics improve too.
Philip Morris beats Q3 estimates as smoke-free products surge, setting the stage for solid 2025 growth and higher EPS guidance.
Philip Morris International Inc. remains a compelling Buy after a market overreaction to Q3 earnings, despite a temporary stock drop. PM's growth is driven by its dominant smoke-free products, including IQOS and Zyn, offsetting declining cigarette volumes. PM stock commands premium valuation metrics due to strong brand power, profitability, and successful transition to innovative nicotine products.
The headline numbers for Philip Morris (PM) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Philip Morris International (NYSE: PM) is set to release its earnings report on Tuesday, October 21, 2025. Evaluating the previous five years of data, Philip Morris stock has shown positive one-day returns after earnings announcements in 55% of cases.
PM is set for revenue and earnings growth in 3Q25, fueled by strong smoke-free momentum and solid global performance.
Philip Morris (PM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
In the last decade, Philip Morris International (NYSE: PM) has returned a notable $74 billion back to its shareholders via dividends and buybacks. This shareholder-focused approach has delivered exceptional results in 2025, with the stock posting an impressive 30% year-to-date return, significantly outperforming the broader market despite recent volatility and establishing PM as one of the year's standout consumer staples performers.