A share price of Mondelez International Inc. [MDLZ] is currently trading at $70.96, down -0.74%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MDLZ shares have lost -0.06% over the last week, with a monthly amount drifted -1.42%, and not seem to be holding up well over a long-time horizon.
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On 14, March 2024, Mondelēz International Releases Fifth Annual State of Snacking Report: Global Consumers Continue to Prioritize Snacking. In a post published today on Yahoo Finance, Snacking preferred over traditional mealtime for the fifth consecutive year.
From an analyst’s perspective:
Mondelez International Inc. [NASDAQ: MDLZ] stock has seen the most recent analyst activity on February 01, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $87. Previously, Deutsche Bank reaffirmed its Buy rating on January 18, 2024, and elevated its price target to $80. On December 08, 2023, DA Davidson initiated with a Buy rating and assigned a price target of $83 on the stock. Argus upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $83 on November 27, 2023. Exane BNP Paribas upgraded its rating to Outperform for this stock on October 17, 2023, but kept the price target unchanged to $75. In a note dated September 22, 2023, HSBC Securities initiated an Buy rating and provided a target price of $84 on this stock.
Mondelez International Inc. experienced fluctuations in its stock price throughout the past year between $60.75 and $78.59. Currently, Wall Street analysts expect the stock to reach $73.81 within the next 12 months. Mondelez International Inc. [NASDAQ: MDLZ] shares were valued at $70.96 at the most recent close of the market. An investor can expect a potential return of 4.02% based on the average MDLZ price forecast.
Analyzing the MDLZ fundamentals
Trailing Twelve Months sales for Mondelez International Inc. [NASDAQ:MDLZ] were 36.02B which represents 7.12% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.16 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.46 points at the first support level, and at 69.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.49, and for the 2nd resistance point, it is at 72.01.
Mondelez International Inc. [MDLZ] reported earnings per share of $0.84 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.78/share, meaning a difference of $0.06 and a surprise factor of 7.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.82 per share as compared to estimates of $0.79 per share, a difference of $0.03 representing a surprise of 3.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mondelez International Inc. [NASDAQ:MDLZ] is 0.62. In addition, the Quick Ratio stands at 0.43 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 2.65, the price to book ratio is 3.38 and price to earnings (TTM) ratio is 19.61.
