Mondelez International (NASDAQ:MDLZ) Price Target Cut to $62.00 by Analysts at UBS Group

Mondelez International (NASDAQ:MDLZ) had its price objective decreased by UBS Group from $63.00 to $62.00 in a research note published on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on MDLZ. Weiss Ratings restated a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Argus upgraded shares of Mondelez International to a “hold” rating in a research report on Thursday, February 12th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $55.00 price target (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Sanford C. Bernstein decreased their price target on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Mondelez International from $69.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and a consensus target price of $66.11.

Mondelez International Stock Down 1.5%

Shares of NASDAQ MDLZ opened at $57.51 on Tuesday. Mondelez International has a 1 year low of $51.20 and a 1 year high of $71.15. The firm’s 50 day moving average price is $58.62 and its 200 day moving average price is $57.98. The firm has a market cap of $73.72 billion, a P/E ratio of 30.59, a price-to-earnings-growth ratio of 2.45 and a beta of 0.37. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. During the same quarter last year, the business earned $0.65 earnings per share. Mondelez International’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. As a group, sell-side analysts anticipate that Mondelez International will post 2.9 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s dividend payout ratio (DPR) is 106.38%.

Insider Buying and Selling at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Mondelez International

Hedge funds have recently made changes to their positions in the business. J.Safra Asset Management Corp purchased a new position in shares of Mondelez International in the 4th quarter valued at $25,000. Advocate Investing Services LLC purchased a new position in shares of Mondelez International in the 4th quarter valued at $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Mondelez International in the 3rd quarter valued at $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Mondelez International in the 4th quarter valued at $28,000. Finally, Richardson Financial Services Inc. increased its stake in Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after buying an additional 282 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

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.