Press coverage about Mondelez International (NASDAQ:MDLZ) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mondelez International earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.0712786824204 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Why Bill Ackman Likes Nike (NKE) and How He Plans to Turn Around His Struggling Fund (finance.yahoo.com)
- Want a job as a chocolate taster? It’s not just for Valentine’s Day (finance.yahoo.com)
- Nelson Peltz to Step Down from Mondelez (MDLZ) Board; Appoints Debra Crew and Peter May to Board (streetinsider.com)
- Mondelēz International Appoints Debra Crew and Peter May to Board of Directors; Nelson Peltz to Step Down (finance.yahoo.com)
- Nelson Peltz stepping down from Mondelez board (finance.yahoo.com)
Several analysts recently weighed in on the stock. TheStreet raised shares of Mondelez International from a “c+” rating to a “b” rating in a research note on Thursday, December 21st. Zacks Investment Research raised shares of Mondelez International from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Friday, January 12th. Piper Jaffray Companies reissued a “buy” rating and set a $52.00 price objective on shares of Mondelez International in a research report on Thursday, February 1st. Buckingham Research cut their price objective on shares of Mondelez International from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, October 31st. Finally, Susquehanna Bancshares reissued a “hold” rating and set a $48.00 price objective on shares of Mondelez International in a research report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $50.69.
Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, January 31st. The company reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.01. The firm had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.98 billion. Mondelez International had a net margin of 11.28% and a return on equity of 12.72%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 EPS. research analysts expect that Mondelez International will post 2.47 earnings per share for the current fiscal year.
Mondelez International declared that its board has approved a stock buyback program on Wednesday, January 31st that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Thursday, March 29th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.05%. The ex-dividend date is Wednesday, March 28th. Mondelez International’s dividend payout ratio (DPR) is presently 46.07%.
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Mondelez International Company Profile
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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