Mondelez International (NASDAQ:MDLZ – Get Free Report)‘s stock had its “neutral” rating reaffirmed by Rothschild & Co Redburn in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They presently have a $55.00 target price on the stock, down from their previous target price of $71.00. Rothschild & Co Redburn’s target price would suggest a potential downside of 4.48% from the company’s previous close.
Other research analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. TD Cowen lowered their price target on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Stifel Nicolaus dropped their price objective 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, February 4th. Morgan Stanley raised their price objective on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, Mizuho decreased their target price on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Thirteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.71.
View Our Latest Analysis on MDLZ
Mondelez International Stock Performance
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, analysts expect that Mondelez International will post 2.9 earnings per share for the current year.
Insiders Place Their Bets
In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s 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 sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.41% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. J.Safra Asset Management Corp acquired a new position in Mondelez International in the fourth quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new position in shares of Mondelez International in the fourth quarter valued at about $28,000. Finally, Richardson Financial Services Inc. raised its holdings in shares of Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.
About Mondelez International
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.
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