Mondelez International Inc (NASDAQ:MDLZ) shares traded -2.43% lower at $56.91 on Wall Street last session.
MDLZ stock price is now -6.62% away from the 50-day moving average and -15.61% away from the 200-day moving average. The market capitalization of the company currently stands at $76.10B.
With the price target reduced from $75 to $62, Jefferies Downgraded its rating from Buy to Hold for Mondelez International Inc (NASDAQ: MDLZ). On January 07, 2025, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $61, while ‘Deutsche Bank’ rates the stock as ‘Hold’
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 $55.97 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 $95044722688, which is based on a 20.19 price-to-earnings ratio, a 6.51 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for MDLZ is $60.9466 and a two-hundred day moving average price translates $67.4388 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.
