Mondelez International Inc. (MDLZ) stock poised to deliver a potential return of 8.47%

At the time of writing, Mondelez International Inc. [MDLZ] stock is trading at $68.11, up 1.40%. 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 gain 2.13% over the last week, with a monthly amount drifted -5.23%, and not seem to be holding up well over a long-time horizon.

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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.

For the past year, the stock price of Mondelez International Inc. fluctuated between $60.75 and $78.59. Currently, Wall Street analysts expect the stock to reach $73.88 within the next 12 months. Mondelez International Inc. [NASDAQ: MDLZ] shares were valued at $68.11 at the most recent close of the market. An investor can expect a potential return of 8.47% based on the average MDLZ price forecast.

Analyzing the MDLZ fundamentals

According to Mondelez International Inc. [NASDAQ:MDLZ], the company’s sales were 36.02B for trailing twelve months, which represents an 7.12% jump. 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 67.41 points at the first support level, and at 66.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.48, and for the 2nd resistance point, it is at 68.86.

Ratios To Look Out For

It is important to note that Mondelez International Inc. [NASDAQ:MDLZ] has a current ratio of 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 2.55, the price to book ratio is 3.24 and price to earnings (TTM) ratio is 18.82.

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