Mondelez International Inc (NASDAQ:MDLZ) shares traded 0.60% higher at $60.21 on Wall Street last session.
MDLZ stock price is now -7.55% away from the 50-day moving average and -12.21% away from the 200-day moving average. The market capitalization of the company currently stands at $81.00B.
With the price target reduced from $78 to $67, Deutsche Bank Downgraded its rating from Buy to Hold for Mondelez International Inc (NASDAQ: MDLZ). On October 22, 2024, Redburn Atlantic recently initiated its ‘Buy’ rating on the stock quoting a target price of $82, while ‘Goldman’ 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 $58.90 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 $99457466368, which is based on a 21.36 price-to-earnings ratio, a 5.78 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for MDLZ is $65.1268 and a two-hundred day moving average price translates $68.58415 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.
