Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus recommendation of “Buy” by the seventeen brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $49.64.
A number of equities analysts have commented on the stock. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. UBS reaffirmed a “buy” rating and set a $51.00 target price on shares of Mondelez International in a research note on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 target price on shares of Mondelez International and gave the stock a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $55.00 target price on shares of Mondelez International in a research note on Wednesday, September 20th.
In related news, EVP Daniel P. Myers sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at approximately $858,307.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lewis W. K. Booth bought 1,500 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $41.29 per share, for a total transaction of $61,935.00. The disclosure for this purchase can be found here. 3.60% of the stock is owned by corporate insiders.
Mondelez International (NASDAQ:MDLZ) opened at $42.92 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. Mondelez International has a 52 week low of $39.19 and a 52 week high of $47.23. The company has a market cap of $64,139.13, a PE ratio of 20.94, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98.
Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.45 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. Mondelez International’s quarterly revenue was up 2.1% compared to the same quarter last year. equities analysts predict that Mondelez International will post 2.14 EPS for the current fiscal year.
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About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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