Altria Group (MO) Stock Is Remarkably Cheap; Buying Opportunity For Income Investors
Altria Group (MO) Stock Is Remarkably Cheap; Buying Opportunity For Income Investors
Altria Group (NYSE: MO)is a cheap stock at the current price with an 8% dividend yield and JUUL, IQOS andOn! will be more meaningful to the company’s stock in the next five years, according to a bullishthesisby Charioteer Investing.
奧特利亞集團 （紐約證交所：MO）是目前價格的廉價股票，股息收益率為 8％，JUUL，IQOS 安東！將是更有意義的公司的股票在未來五年, 根據看漲戰車投資.
Analyzing the company’s 2020 second-quarter financial report, the investor highlighted some interesting developments. The first big event is the dividend hike - a sign of cash flow stability. The company increased the annualized dividend to $3.44 per share - this 2.4% increase surpassing the investor’s expectations. The dividend increase marks the 55th dividend increase in the past 51 years.
投資者分析了公司 2020 年第二季度財務報告，強調了一些有趣的發展。第一個大事件是股息加息-現金流穩定的標誌。該公司將年化股息增加至每股 3.44 美元-這 2.4% 的增長超過了投資者的預期。股息增加，標誌著過去 51 年的股息增加了 55 次。
Feel Photo Art/Shutterstock.com
感受攝影藝術
The second big item was Altria reestablished the full-year EPS guidance after suspending it last quarter. Before the pandemic, EPS guidance was $4.39-4.51. Now the company expects its 2020 full-year adjusted EPS to be in a range of $4.21 to $4.38, representing a growth rate of 0% to 4% from an adjusted EPS base of $4.21 in 2019. It is a modest cut but nevertheless a sign of confidence that the situation has not gone completely negative, according to the investor.
第二個大項目是 Altria 在上個季度暫停後重新建立了全年 EPS 指引。在大流行之前，每股盈利的指引為 4.39-4.51 美元。現在，該公司預計 2020 年全年調整後的每股盈餘在 4.21 美元至 4.38 美元之間，從 2019 年調整後的每股盈餘基礎增長 0% 至 4%。這是一個溫和的削減，但儘管如此，這是一個信心的跡象表明，情況並沒有完全消極，根據投資者。
The oral products category is performing well. On! is posting strong growth with revenues increasing 9.6%, with both higher volumes and better pricing. Operating income was up 8.1%. The company plans to hit 50 million cans this year and is working to remove capacity constraints next year. On! is now sold in over 40,000 stores. On! appears to be a slam dunk and management noted that it has extremely high uptake amongst women in particular, which is an underpenetrated market segment relative to oral tobacco users. Given the extremely high margins in this segment, any organic growth here will generate massive free cash flow for shareholders.
口服產品類別表現良好。上！正在強勁的增長，收入增長 9.6％，同時具有更高的交易量和更好的價格。營業收入上升了 8.1%。該公司計劃今年達到 5000 萬罐，並正在努力消除明年的容量限制。上！目前在超過 4 萬家商店銷售。上！似乎是一個灌籃大滿貫和管理層指出，它具有極高的吸收率，尤其是婦女, 這是一個相對於口腔煙草使用者的細分市場不足.鑑於該領域的利潤率極高，這裡的任何有機增長都將為股東帶來巨大的自由現金流。
JUUL is unimpressive, but IQOS couple be a hidden gem, according to the investor. Heated Tobacco (IQOS) received approval from the FDA to be marketed as a modified risk tobacco product in July. The company reopened the IQOS boutiques in Atlanta and Richmond, and opened a new boutique in Charlotte. By the end of August, they expectHeatSticksto be in 700 retail stores across those 3 markets, and over the next 18 months, IQOS is expected to be launched in the four new markets. So, IQOS is taking some market share and as the retail footprint grows is expected to drive some very good growth numbers, according to the investor who holds shares of Altria.
根據投資者的說法，JUUL 並不令人印象深刻，但 IQOS 夫婦是一個隱藏的寶石。加熱煙草（IQOS）獲得 FDA 批准，將於 7 月作為改良風險煙草產品銷售。該公司在亞特蘭大和里士滿重新開設了 IQOS 精品店，並在夏洛特開設了一家新的精品店。到 8 月底，他們預計將在這 3 個市場中進入 700 家零售店，在接下來的 18 個月中，IQOS 預計將在四個新市場上推出。因此，IQOS 正在佔據一定的市場份額，並且隨著零售足跡的增長，預計將推動一些非常好的增長數字，根據持有 Altria 股份的投資者。
So, Altria looks stable despite some depressing points. The dividend is stable, andOn! and IQOS seem to hold the leading positions in the market. JUUL and Cronos are susceptible to doomed fate, but Altria is above the possible loss. If JUUL fails, anyway, Altria has another option of theMarkTen, its own vape brand. A Democratic win can possibly ease the Cannabis restrictions that can prove to be a game changer for Cronos.
因此，儘管有些令人沮喪，但 Altria 看起來很穩定。股息穩定，安東！IQOS 似乎在市場上佔有領先地位。胡爾和 克羅諾斯 容易受到注定命運的影響，但阿爾特利亞高於可能的損失。如果 JUUL 失敗了，無論如何，阿爾特里亞有另一種選擇馬克騰，它自己的 VAPE 品牌。民主黨的勝利可以緩解可以證明是 Cronos 改變遊戲規則的大麻限制。
Altria shares has gained 6.67% in the past three month and 3.84% over the past 12 months.
奧特利亞股票在過去三個月上漲了 6.67％，在過去 12 個月中增加了 3.84％。
Meanwhile, Altria Group (NYSE:MO) has seen a decrease in hedge fund interest in recent months. The company was in 43 hedge funds’ portfolios at the end of the second quarter of 2020. Our calculations also showed that MO isn’t among the30 most popular stocks among hedge funds.
與此同時，奧特利亞集團（紐約證券交易所代碼：MO）近幾個月來對沖基金的利息有所下降。截至 2020 年第二季度，該公司在 43 個對沖基金的投資組合中。我們的計算還顯示，MO 並不是對沖基金中最受歡迎的 30 隻股票之一。
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, this “mom” trader turned $2000 into $2 million within 2 years. So, we are checking outher best trade ideaof the month. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. We go through lists like the 10most profitable companiesin the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Please subscribe to our free daily enewsletter to get our stories delivered straight to your inbox:
在內幕猴子，我們在尋找下一個偉大的投資想法時，沒有留下任何石頭。例如，這位「媽媽」交易員在 2 年內將 2000 美元變成 200 萬美元。所以，我們正在檢查她最好的交易理念該月的。我們閱讀對沖基金投資者信函，並聽取對沖基金會議上的股票宣傳。我們通過像 10 這樣的列表最賺錢的公司在世界上挑選最好的大盤股票買入。儘管我們僅建議分析公司的一小部分倉位，但我們會盡可能多地檢查股票。請訂閱我們的免費每日電子通訊，將我們的故事直接發送到您的收件箱：
譯文內容由第三人軟體翻譯。