Mondelez International Inc. (MDLZ): Find Out What Insiders Are Doing

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Mondelez International Inc. (NASDAQ:MDLZ) finished Thursday with an addition of $0.05 to close at $59.80, an upside of 0.08 percent. An average of 8,376,120 shares of common stock have been traded in the last five days. There was a gain of $0.23 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 7,211,930 shares traded, while the 50-day average volume stands at 6,215,526.

MDLZ stock has decreased by -6.15% in the last month. The company shares reached their 1-month lowest point of $59.26 on 09/20/22. With the stock rallying to its 52-week high on 01/21/22, shares of the company touched a low of $57.62 and a high of $69.47 in 52 weeks. It has reached a new high 7 times so far this year and lost -9.82% or -$6.51 in price. In spite of this, the price is down -13.92% from the 52-week high.


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Insider Transactions

135 days have passed since Mondelez International Inc. (MDLZ) last reported insider trading activity. Hargrove Robin S., who is EVP, Res, Dev & Qlty, most recently acquired $30,500 shares at $65.86 per share on May 11. In this transaction, the insider spent $2,008,730. EVP and President AMEA, Brusadelli Maurizio, disposed of 26,500 shares at a price of $65.09 on Feb 25. The insider now owns more than $1,724,885 worth of shares. Prior to that, EVP and President, Europe Gruber Vinzenz P. went on to Sale 15,000 shares at $63.30 each on Dec 14. An amount of $949,500 was transacted.

Valuation Metrics

Mondelez International Inc. (MDLZ) has a trailing price-to-earnings (P/E) ratio of 21.70. The stock’s beta is 0.61. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.71, the price-to-book (PB) ratio at 3.00, and the price-to-cash flow ratio at 55.12.

The company has a payout ratio of 50.50%. The company’s most recent quarterly dividend payment was $0.3850 a share, representing a up of 10.0% from $0.35 last year. Its latest increase dividend $0.0350 reported on Tuesday July 26 2022.

Financial Health

The quick ratio of Mondelez International Inc. for the three months ended June 29 was 0.50, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.65 and a total debt to equity ratio of 0.70 for the quarter ending June 29. Its gross profit as reported stood at $11.25 billion compared to revenue of $28.72 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Mondelez International Inc.’s return on assets was 5.80%.

Earnings Surprise

For the three-month period that ended June 29, Mondelez International Inc. had $17.86 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $747.0 million in the quarter, while revenues were shrunk -44.31%. The analyst consensus anticipated Mondelez International Inc.’s latest quarter earnings to come in at $0.64 per share, but it turned out to be $0.67, a 4.70% surprise. For the quarter, EBITDA amounted to $1.2 billion. Shareholders own equity worth $1.37 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Mondelez International Inc. (MDLZ) price momentum. RSI 9-day as of the close on 22 September was 37.36%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.62%.

As of today, MDLZ’s price is $60.00 +0.39% or $0.23 from its 5-day moving average. MDLZ is currently trading -7.43% lower than its 20-day SMA and -7.26% lower than its 100-day SMA. However, the stock’s current price level is -3.50% below the SMA50 and -2.64% below the SMA200.

The stochastic %K and %D were 15.25% and 19.50%, respectively, and the average true range (ATR) was 1.10. With the 14-day stochastic at 16.93% and the average true range at 1.11, the RSI (14) stands at 38.51%. The stock has reached -0.41 on the 9-day MACD Oscillator while the 14-day reading was at -0.66.

Analyst Ratings

Cowen launched coverage on Mondelez International Inc. (NASDAQ: MDLZ) in its analyst report released on September 14, 2022. The firm assigned the stock an Outperform rating.

What is MDLZ’s price target for the next 12 months?

Analysts predict a range of price targets between $65.80 and $79.00, with a median target of $72.00. Taking a look at these predictions, the average price target given by analysts for Mondelez International Inc. (MDLZ) stock is $72.75.

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