文章核心观点 - 可口可乐和Altria都是经典的消费品股票,但过去10年可口可乐股价涨幅远高于Altria [1] - 可口可乐通过扩展产品组合来抵消碳酸饮料销量下滑的趋势,业务仍保持良好 [2][3] - Altria主要业务是香烟,受到吸烟率下降和市场份额下降的影响,不得不通过提价和减支来维持利润 [4][5] 可口可乐业务分析 - 可口可乐在2020年受疫情影响有机销售下降9%,但2021和2022年有16%的增长 [2] - 2023年有13%的有机销售增长,主要得益于涨价应对通胀 [3] - 2024年预计有机销售将增长9%-10%,每股收益增长5%-6% [3] - 目前股价合理,市盈率25倍,股息率2.8%,连续62年增加派息 [3] Altria业务分析 - 2018-2023年,Altria香烟出货量从1098亿支下降到763亿支,Marlboro市场份额从43.1%降至42.1% [4] - 为应对销量下降,Altria不断提高价格、减少支出、回购股票来维持利润 [4] - 公司正在通过收购无烟产品来减少对香烟业务的依赖,但这种策略可能无法阻止长期下滑 [5] - 2024年预计收入下降1%,调整后每股收益仅增长3%,股息率8.2%但增长乏力 [5]

Altria's cigarette business is suffering huge volume declines, yet investors continue to push the stock higher.Altria (MO -1.21%) is basically a one-trick pony when it comes to what it sells. Combustible tobacco products -- largely cigarettes -- make up roughly 88% of its top line. This had long been viewed as a problem by investors, but recently, some small positives have left investors willing to overlook the very real problems Altria continues to face.Altria's biggest problem hasn't changedCigarette sale ...

In the latest trading session, Altria (MO) closed at $49.98, marking a -1.21% move from the previous day. This change lagged the S&P 500's 0.17% loss on the day. Meanwhile, the Dow experienced a drop of 0.44%, and the technology-dominated Nasdaq saw a decrease of 0.04%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker witnessed a loss of 7.53% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 0.25% and the S&P 500's gain of 1.25%.I ...

I had a 'Strong buy' recommendation for Altria (NYSE: MO ) published in April. This one aged well as the stock returned 22% to investors over the last six months compared to +10% from the S&P 500.Coming from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confident in my investment ...

文章核心观点 1. 雪茄公司Altria的主要业务是销售香烟,而香烟行业正在逐步衰落 [1][2] 2. Altria的香烟销量近年来持续下降,2021年下降7.5%,2022年下降9.7%,2023年下降9.9%,2024年上半年下降11.5% [3] 3. 尽管香烟销量下降,但Altria通过不断提高香烟价格来维持利润和股息增长 [4] 4. Altria的香烟业务高度依赖于旗舰品牌Marlboro,占总销量91%,这使公司面临较大风险 [5] 5. Altria试图通过收购NJOY电子烟品牌来拓展业务,但NJOY目前规模很小,难以弥补主业的下滑 [6][7] 6. 如果Marlboro品牌市场份额进一步下降,可能会对Altria造成严重冲击 [8] 行业分析 1. 香烟行业整体呈现长期下滑趋势,消费者正在逐步转向电子烟等替代品 [3][5] 2. 价格竞争是行业面临的主要挑战,电子烟等替代品价格更低廉 [5] 3. 监管政策的变化也可能对传统香烟行业产生不利影响 [8] 公司分析 1. Altria高度依赖香烟业务,占总收入88%,其中Marlboro品牌占比高达91% [2][5] 2. 为应对销量下滑,Altria通过不断提高香烟价格来维持利润,但这种做法存在一定风险 [4] 3. Altria尝试通过收购NJOY电子烟品牌来拓展业务,但目前规模较小,难以弥补主业下滑 [6][7] 4. 如果Marlboro品牌市场份额进一步下降,可能会对Altria造成严重冲击 [8]

Altria Group, Inc. (MO) has been showing impressive upward momentum, trading above its 200-day and 50-day simple moving averages (SMA), which are key indicators of price stability and long-term bullish trends. As of Wednesday, MO was trading at $51.04, which surpassed both its 200-day SMA of $43.36 and 50-day SMA of $50.51, highlighting a continued uptrend.SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clearer view of the stock's long ...

As a long term dividend investor that prefers quality over quantity, I often find myself anxious for some of my favorite stocks to go on sale. When the market is seeing new highs like right now, I get discouragedContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due dil ...

The latest trading session saw Altria (MO) ending at $51.19, denoting a +0.33% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.The owner of Philip Morris USA, the nation's largest cigarette maker's shares have seen a decrease of 3.21% over the last month, not keeping up with the Consumer Staples sector's gain of 1.17% and the S&P 500's gain of 1.65%.The investment commun ...

This slow-and-steady stock could outperform the S&P 500 after lagging it for years.Most investors who buy Altria Group (MO 1.25%) stock aren't doing it in hopes of enjoying explosive share price gains. The stock has underperformed the S&P 500 for years. But the dividend? That's another story. Altria is a world-class dividend stock with a massive yield and a track record of payout hikes spanning more than five decades.The Dividend King has shown some life this year. This month, the stock climbed above $56 to ...

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