Streetbeat News

BTI

British American Tobacco p.l.c.

https://www.bat.com

Industry

Tobacco

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands. It distributes its products to retail outlets. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom.

Open

36.32

Mkt cap

81B

Volume

3.1M

High

36.70

P/E Ratio

-4.65

52-wk high

39.54

Low

36.25

Div yield

0.10

52-wk low

28.25

British American Tobacco (BTI) continues to offer an attractive yield of 8.5% with strong fundamentals, despite recent stock gains. The stock's P/CF multiple remains below 6x, making it appealing for income-focused investors.

Portfolio Pulse from

November 16, 2024 | 2:30 am

Tobacco companies such as Philip Morris International (PM), Altria Group (MO), and British American Tobacco (BTI) are focusing on smoke-free products to adapt to health trends and regulatory changes. Despite a decline in cigarette sales, these companies maintain a positive outlook due to strong pricing power and growth in reduced-risk products (RRP).

Portfolio Pulse from

November 14, 2024 | 2:30 pm

British American Tobacco's Capital Markets Day highlighted promising innovations in its NGP categories, including the Glo Hilo device, which could compete with IQOS. Despite a low valuation, BTI is poised for profit growth in the expanding nicotine industry.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

British American Tobacco has reaffirmed its guidance for 2024, indicating confidence in its financial outlook. This announcement may influence investor sentiment positively.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 3:39 pm

The article highlights three oversold stocks in the consumer staples sector with potential for short-term gains: Farmer Bros Co (FARM), British American Tobacco PLC (BTI), and Conagra Brands Inc (CAG). These stocks have RSI values below 30, indicating they are oversold and may present buying opportunities.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:00 am

British American Tobacco's subsidiary, BT DE Investments Inc., has completed the second tranche of its strategic equity investment in Organigram Holdings Inc., acquiring shares worth $30.8 million. This investment is part of a larger $92.3 million commitment aimed at supporting Organigram's international and technological expansion.

Portfolio Pulse from Jelena Martinovic

September 03, 2024 | 2:07 pm

The FDA has issued a final rule that increases the minimum age for tobacco sales restrictions. Starting September 30, retailers must verify age with a photo ID for anyone under 30, and vending machine sales will be limited to facilities for those 21 and older.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:14 pm

As of July 25, 2024, three consumer staples stocks—Unilever plc (NYSE:UL), British American Tobacco PLC (NYSE:BTI), and Altria Group Inc (NYSE:MO)—are considered overbought based on their RSI values. Unilever reported strong quarterly earnings, while British American Tobacco posted a year-over-year decline in H1 adjusted EPS. Altria is set to report its Q2 and H1 results on July 31.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 1:28 pm

British American Tobacco shares are trading higher following H1 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:16 pm

British American Tobacco reported a decline in its H1 adjusted EPS to 169.3p from 181.6p year-over-year, and a decrease in revenue to £12.34 billion from £13.44 billion year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:16 am

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