In yesterday’s Wall Street session, Mondelez International Inc (NASDAQ:MDLZ) shares traded at $56.25, down -3.50% from the previous session.
MDLZ stock price is now -11.06% away from the 50-day moving average and -17.36% away from the 200-day moving average. The market capitalization of the company currently stands at $75.22B.
With the price target maintained at $61, Wells Fargo recently Downgraded its rating from Overweight to Equal Weight for Mondelez International Inc (NASDAQ: MDLZ). On December 12, 2024, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $78 to quote $67, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
A total of 0.35% of the company’s stock is owned by insiders.
During the past 12 months, Mondelez International Inc has had a low of $57.67 and a high of $77.20. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 0.63, and a quick ratio of 0.42. According to the stock market information, the enterprise value for the company is $94162173952, which is based on a 19.95 price-to-earnings ratio, a 5.40 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for MDLZ is $63.2456 and a two-hundred day moving average price translates $68.06965 for the stock.
The latest earnings results from Mondelez International Inc (NASDAQ: MDLZ) was released for 2024-09-30. The net profit margin was 10.56% and return on equity was 13.53% for MDLZ. The company reported revenue of $9.2 billion for the quarter, compared to $9.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.94 percent.
