Market Update: Mondelez International Inc. (MDLZ) Sees Positive Movement, Closing at 71.10

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In the latest session, Mondelez International Inc. (NASDAQ: MDLZ) closed at $71.10 up 0.17% from its previous closing price of $70.98. In other words, the price has increased by $0.17 from its previous closing price. On the day, 3.83 million shares were traded. MDLZ stock price reached its highest trading level at $71.84 during the session, while it also had its lowest trading level at $70.92.

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 64.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.60.

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, Goldman on August 12, 2024, initiated with a Buy rating and assigned the stock a target price of $80.

On July 31, 2024, DA Davidson reiterated its Buy rating and also upped its target price recommendation from $80 to $75.

On February 01, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $87.Citigroup initiated its Buy rating on February 01, 2024, with a $87 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 94975385600 and an Enterprise Value of 113850220544. As of this moment, Mondelez’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.49, and their Forward P/E ratio for the next fiscal year is 19.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 3.165 whereas that against EBITDA is 14.437.

Stock Price History:

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 5.51%, while the 200-Day Moving Average is calculated to be 1.29%.

Shares Statistics:

For the past three months, MDLZ has traded an average of 6.35M shares per day and 5207270 over the past ten days. A total of 1.35B shares are outstanding, with a floating share count of 1.33B. Insiders hold about 0.44% of the company’s shares, while institutions hold 81.07% stake in the company. Shares short for MDLZ as of 1722384000 were 12542029 with a Short Ratio of 1.98, compared to 1719532800 on 12410923. Therefore, it implies a Short% of Shares Outstanding of 12542029 and a Short% of Float of 0.9400000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for MDLZ is 1.70, from 1.7 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023950407The stock’s 5-year Average Dividend Yield is 2.15.

Earnings Estimates

A detailed examination of Mondelez International Inc. (MDLZ) is currently in progress, with 19.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.83, with high estimates of $0.88 and low estimates of $0.75.

Analysts are recommending an EPS of between $3.57 and $3.39 for the fiscal current year, implying an average EPS of $3.49. EPS for the following year is $3.6, with 21.0 analysts recommending between $3.75 and $3.44.

Revenue Estimates

For the next quarter, 17 analysts are estimating revenue of $9.8B. There is a high estimate of $9.96B for the next quarter, whereas the lowest estimate is $9.47B.

A total of 19 analysts have provided revenue estimates for MDLZ’s current fiscal year. The highest revenue estimate was $37.47B, while the lowest revenue estimate was $36.04B, resulting in an average revenue estimate of $36.59B. In the same quarter a year ago, actual revenue was $36.02BBased on 20 analysts’ estimates, the company’s revenue will be $38.28B in the next fiscal year. The high estimate is $38.99B and the low estimate is $37.48B.

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