In yesterday’s Wall Street session, Mondelez International Inc. (NASDAQ:MDLZ) shares traded at $70.75, down -0.30% from the previous session.
MDLZ stock price is now -3.53% away from the 50-day moving average and -0.92% away from the 200-day moving average. The market capitalization of the company currently stands at $95.26B.
With the price target of $87, Citigroup recently initiated with Buy rating for Mondelez International Inc. (NASDAQ: MDLZ). On January 18, 2024, Deutsche Bank reiterated its ‘Buy’ rating on the stock by increasing its target price from $78 to quote $80, while ‘DA Davidson’ rates the stock as ‘Buy’
A total of 0.18% of the company’s stock is owned by insiders.
During the past 12 months, Mondelez International Inc. has had a low of $60.75 and a high of $78.59. As of last week, the company has a debt-to-equity ratio of 0.71, a current ratio of 0.62, and a quick ratio of 0.43. According to the stock market information, the enterprise value for the company is $113.39B, which is based on a 19.55 price-to-earnings ratio, a 2.32 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for MDLZ is $73.29 and a two-hundred day moving average price translates $71.40 for the stock.
The latest earnings results from Mondelez International Inc. (NASDAQ: MDLZ) was released for Dec, 2023. According to the Confectioners Company, earnings per share came in at $0.84, beating analysts’ expectations of $0.78 by 0.06. This compares to $0.43 EPS in the same period last year. The net profit margin was 13.77% and return on equity was 17.96% for MDLZ. The company reported revenue of $9.31 billion for the quarter, compared to $8.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.12 percent. For the current quarter, analysts expect MDLZ to generate $9.19B in revenue.
