In the latest session, Mondelez International Inc. (NASDAQ: MDLZ) closed at $71.00 down -0.87% from its previous closing price of $71.62. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 8338822 shares were traded. MDLZ stock price reached its highest trading level at $71.99 during the session, while it also had its lowest trading level at $70.93.
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 50.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 0.71 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 95.60B and an Enterprise Value of 113.73B. As of this moment, Mondelez’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.62, and their Forward P/E ratio for the next fiscal year is 18.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 3.16 whereas that against EBITDA is 14.88.
Stock Price History:
Over the past 52 weeks, MDLZ has reached a high of $78.59, while it has fallen to a 52-week low of $60.75. The 50-Day Moving Average of the stock is 73.42, while the 200-Day Moving Average is calculated to be 71.53.
Shares Statistics:
For the past three months, MDLZ has traded an average of 6.76M shares per day and 7.17M over the past ten days. A total of 1.35B shares are outstanding, with a floating share count of 1.34B. Insiders hold about 0.18% of the company’s shares, while institutions hold 80.85% stake in the company. Shares short for MDLZ as of Feb 15, 2024 were 15.93M with a Short Ratio of 2.36, compared to 15.21M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.18% and a Short% of Float of 1.18%.
Dividends & Splits
According to the company, the forward annual dividend rate for MDLZ is 1.62, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 2.26%, it implies a Forward Annual Dividend Yield of 2.39%. The stock’s 5-year Average Dividend Yield is 2.11.
Earnings Estimates
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.89 for the current quarter, with a high estimate of $0.95 and a low estimate of $0.85, while EPS last year was $0.89. The consensus estimate for the next quarter is $0.79, with high estimates of $0.82 and low estimates of $0.76.
Analysts are recommending an EPS of between $3.57 and $3.4 for the fiscal current year, implying an average EPS of $3.52. EPS for the following year is $3.81, with 18 analysts recommending between $3.89 and $3.68.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $9.19B this quarter.It ranges from a high estimate of $9.35B to a low estimate of $8.96B. As of the current estimate, Mondelez International Inc.’s year-ago sales were $9.17B, an estimated increase of 0.20% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $8.67B, an increase of 5.50% over than the figure of $0.20% in the same quarter last year. There is a high estimate of $8.89B for the next quarter, whereas the lowest estimate is $8.46B.
A total of 18 analysts have provided revenue estimates for MDLZ’s current fiscal year. The highest revenue estimate was $37.61B, while the lowest revenue estimate was $36.71B, resulting in an average revenue estimate of $37.14B. In the same quarter a year ago, actual revenue was $36.02B, up 3.10% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $38.78B in the next fiscal year. The high estimate is $39.21B and the low estimate is $38.14B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
