Should You Buy Altria Stock At $44?
- Monday, April 3, 2023, 7:11
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This can be attributed to 1 the company’s P/S ratio, which fell 14% to 3.2x trailing revenues from 3.7x in 2019, 2 no change in Altria’s revenue of $25.1 billion, partly offset by 3 its average shares outstanding falling 4% to 1.8 billion, led by $4.3 billion the company spent on share repurchase…
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