Altria Stock Lags Broader Market as Earnings Expected to Decline
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Altria (MO) stock rose 0.02% but underperformed the broader market indexes including the S&P 500, Dow, and Nasdaq.
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Altria stock has fallen 2.16% over the past month, lagging the Consumer Staples sector and S&P 500.
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Analysts expect Altria's upcoming earnings report to show a 0.85% year-over-year decline in EPS to $1.17 per share.
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Zacks gives Altria a Hold rating with a Forward P/E ratio of 8.13, representing a discount vs. its industry average of 9.08.
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The Tobacco industry ranks in the top 25% of all Zacks-covered industries, suggesting strong performance potential.