Mondelez International, Inc. (NASDAQ:MDLZ) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have been given a consensus recommendation of “Moderate Buy” by the twenty-two ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and fourteen have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $66.00.

Several analysts recently weighed in on MDLZ shares. Sanford C. Bernstein lowered their price objective on Mondelez International from $85.00 to $84.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Berenberg Bank lowered Mondelez International from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Thursday, October 2nd. UBS Group reduced their price objective on Mondelez International from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Finally, Zacks Research downgraded shares of Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th.

Institutional Trading of Mondelez International

A number of institutional investors and hedge funds have recently made changes to their positions in MDLZ. Capital International Investors grew its stake in Mondelez International by 9.7% during the 3rd quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after acquiring an additional 10,137,457 shares during the period. State Street Corp grew its position in shares of Mondelez International by 1.5% during the third quarter. State Street Corp now owns 60,309,117 shares of the company’s stock worth $3,797,087,000 after acquiring an additional 862,720 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Mondelez International by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 28,951,049 shares of the company’s stock worth $1,943,170,000 after acquiring an additional 242,695 shares during the period. Finally, Norges Bank bought a new stake in Mondelez International in the 2nd quarter valued at about $1,239,834,000. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Stock Down 0.1%

Shares of NASDAQ:MDLZ opened at $57.24 on Monday. The firm has a market cap of $73.86 billion, a PE ratio of 21.44 and a beta of 0.39. The company has a fifty day simple moving average of $55.26 and a 200 day simple moving average of $60.38. The company has a current ratio of 0.61, a quick ratio of 0.37 and a debt-to-equity ratio of 0.65. Mondelez International has a 12-month low of $51.20 and a 12-month high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.01). The company had revenue of $9.74 billion for the quarter, compared to the consensus estimate of $9.76 billion. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 earnings per share. Mondelez International has set its FY 2025 guidance at 2.860-2.860 EPS. On average, equities research analysts anticipate that Mondelez International will post 2.9 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.00 annualized dividend and a yield of 3.5%. Mondelez International’s dividend payout ratio is 74.91%.

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.