Market Insight: Mondelez International Inc. (MDLZ)’s Notable Drop, Closing at 66.60

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In the latest session, Mondelez International Inc. (NASDAQ: MDLZ) closed at $66.60 down -0.06% from its previous closing price of $66.64. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 4.3 million shares were traded. MDLZ stock price reached its highest trading level at $67.02 during the session, while it also had its lowest trading level at $66.425.

Ratios:

For a deeper understanding of Mondelez International Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.61.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on February 01, 2024, initiated with a Buy rating and assigned the stock a target price of $87.

On January 18, 2024, Deutsche Bank reiterated its Buy rating and also lowered its target price recommendation from $78 to $80.

On December 08, 2023, DA Davidson started tracking the stock assigning a Buy rating and target price of $83.DA Davidson initiated its Buy rating on December 08, 2023, with a $83 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDLZ now has a Market Capitalization of 89347899392 and an Enterprise Value of 107558510592. As of this moment, Mondelez’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.17, and their Forward P/E ratio for the next fiscal year is 17.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 3.14. Its current Enterprise Value per Revenue stands at 2.976 whereas that against EBITDA is 12.773.

Stock Price History:

The Beta on a monthly basis for MDLZ is 0.54, which has changed by -0.08692074 over the last 52 weeks, in comparison to a change of 0.23200047 over the same period for the S&P500. Over the past 52 weeks, MDLZ has reached a high of $77.20, while it has fallen to a 52-week low of $60.75. The 50-Day Moving Average of the stock is -3.36%, while the 200-Day Moving Average is calculated to be -5.02%.

Shares Statistics:

For the past three months, MDLZ has traded an average of 7.40M shares per day and 6647690 over the past ten days. A total of 1.35B shares are outstanding, with a floating share count of 1.34B. Insiders hold about 0.35% of the company’s shares, while institutions hold 81.18% stake in the company. Shares short for MDLZ as of 1718323200 were 13000407 with a Short Ratio of 1.76, compared to 1715731200 on 13892375. Therefore, it implies a Short% of Shares Outstanding of 13000407 and a Short% of Float of 0.97.

Dividends & Splits

According to the company, the forward annual dividend rate for MDLZ is 1.66, from 1.66 in the trailing year. Against a Trailing Annual Dividend Yield of 0.024909964The stock’s 5-year Average Dividend Yield is 2.13.

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