Mondelez International (NASDAQ:MDLZ) Stock Rating Upgraded by Wall Street Zen

Mondelez International (NASDAQ:MDLZ) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other equities research analysts also recently weighed in on MDLZ. Zacks Research downgraded Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Mondelez International in a report on Monday, January 26th. Wells Fargo & Company boosted their price target on shares of Mondelez International from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Wednesday. DZ Bank upgraded shares of Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Finally, Stifel Nicolaus lowered their target price on shares of Mondelez International from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.44.

Mondelez International Trading Down 0.5%

Shares of MDLZ stock opened at $60.02 on Friday. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a 50 day moving average price of $55.84 and a 200 day moving average price of $59.47. The stock has a market capitalization of $77.45 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 2.52 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.37 and a current ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter last year, the company posted $0.65 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts predict that Mondelez International will post 2.9 EPS for the current fiscal year.

Hedge Funds Weigh In On Mondelez International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in Mondelez International during the second quarter worth about $1,239,834,000. JPMorgan Chase & Co. boosted its stake in shares of Mondelez International by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares in the last quarter. Capital International Investors boosted its position in shares of 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 purchasing an additional 6,958,868 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Mondelez International by 197.9% during the 2nd quarter. First Trust Advisors LP now owns 4,066,155 shares of the company’s stock worth $274,221,000 after purchasing an additional 2,701,229 shares during the period. Finally, Van ECK Associates Corp boosted its holdings in Mondelez International by 103.2% during the third quarter. Van ECK Associates Corp now owns 5,192,301 shares of the company’s stock worth $324,363,000 after buying an additional 2,637,287 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

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.