BAT down 1.26% in premarket trading

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British American Tobacco ($LSE:BATS) PLC is a multinational tobacco company headquartered in London, United Kingdom. In premarket trading on Tuesday, British American Tobacco PLC was down 1.26%. The job cuts and factory closures are part of a wider trend in the tobacco industry as companies grapple with declining smoking rates and stricter regulation. British American Tobacco is hoping that its restructuring plan will help it weather these challenges and continue to be a profitable business.

Stock Price

On Monday, BAT stock opened at £34.2 and closed at £34.3, up by 0.6% from previous closing price of 34.1.

VI Analysis

A company’s fundamentals reflect its long term potential. The VI app makes it easy to see the key fundamental indicators for BRITISH AMERICAN TOBACCO. According to the VI Star Chart, BRITISH AMERICAN TOBACCO is strong in dividend, profitability, and medium in asset, growth. BRITISH AMERICAN TOBACCO is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends.

This makes it an attractive investment for income-seeking investors. Furthermore, BRITISH AMERICAN TOBACCO has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is a financially strong company that is capable of riding out any economic downturn or crisis.

VI Peers

British American Tobacco PLC is a leading international tobacco company. Its main competitors are Imperial Brands PLC, Heineken NV, Ambev SA.

– Imperial Brands PLC ($LSE:IMB)

Imperial Brands PLC is a British multinational tobacco company headquartered in Bristol, United Kingdom. It is the world’s fourth-largest international cigarette company measured by market share after Philip Morris International, British American Tobacco, and Japan Tobacco, and the world’s largest producer of cigars, fine-cut tobacco, and tobacco papers.

The company has a market cap of 19.26B as of 2022 and a Return on Equity of 50.52%. Imperial Brands PLC is a leading international tobacco company with a strong portfolio of well-known brands including Gauloises Blondes, West, and JPS. The company’s products are sold in more than 160 countries and its products are manufactured in 44 factories in 16 countries.

– Heineken NV ($OTCPK:HINKF)

Heineken NV is a Dutch brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. The company is now the world’s second-largest brewer by volume, after Anheuser-Busch InBev. Heineken’s Dutch breweries are located in Zoeterwoude and Wijlre. The original brewery in Amsterdam, now part of the company headquarters, is preserved as a museum called Heineken Experience.

Heineken has a market capitalization of 49.75 billion as of 2022 and a return on equity of 17.82%. The company is the world’s second-largest brewer by volume and has a strong presence in Europe, Africa, and Asia. Heineken is committed to sustainable brewing and has set a goal to reduce its water usage by 20% by 2025.

– Ambev SA ($NYSE:ABEV)

Ambew SA is a Brazilian brewing company that was founded in 1999. The company has a market cap of 44.71B as of 2022 and a ROE of 11.57%. Ambew is the largest brewing company in Brazil and South America, and the fifth largest brewing company in the world. The company’s main products are beer, malt, and carbonated soft drinks.

Summary

BAT is down 1.26% in premarket trading, but the news coverage is mostly positive. Investors may want to consider investing in the company because of its strong fundamentals.