Mondelez International (NASDAQ:MDLZ) Price Target Lowered to $54.00 at Deutsche Bank Aktiengesellschaft

Mondelez International (NASDAQ:MDLZFree Report) had its target price trimmed by Deutsche Bank Aktiengesellschaft from $60.00 to $54.00 in a research note released on Monday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

Several other equities research analysts have also recently commented on the stock. Bank of America cut their price target on shares of Mondelez International from $69.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Stifel Nicolaus lowered their target price on Mondelez International from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Mizuho dropped their target price on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. Morgan Stanley increased their price target on Mondelez International from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mondelez International has a consensus rating of “Moderate Buy” and a consensus price target of $66.00.

Check Out Our Latest Report on MDLZ

Mondelez International Price Performance

NASDAQ MDLZ opened at $58.25 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a market capitalization of $74.67 billion, a PE ratio of 30.98, a price-to-earnings-growth ratio of 2.43 and a beta of 0.38. The firm’s 50 day moving average is $58.69 and its 200-day moving average is $58.20.

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

Mondelez International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is currently 106.38%.

Insider Activity at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Mondelez International

Several hedge funds have recently bought and sold shares of MDLZ. J.Safra Asset Management Corp bought a new position in shares of Mondelez International during the fourth quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new stake in Mondelez International during the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in Mondelez International in the 3rd quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new stake in Mondelez International in the 4th quarter valued at $28,000. Finally, Richardson Financial Services Inc. grew its holdings in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Mondelez International (NASDAQ:MDLZ)

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