Mondelez International Inc. (NASDAQ:MDLZ) saw an upside of 0.50% to close Monday at $64.36 after adding $0.32 on the day. The 5-day average trading volume is 6,512,720 shares of the company’s common stock. It has gained $67.50 in the past week and touched a new high 1 time within the past 5 days. An average of 5,057,415 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,620,464.
MDLZ’s 1-month performance is -2.26% or -$2.74 on its low of $63.26 reached on 01/20/23. The company’s shares have touched a 52-week low of $54.72 and high of $69.47, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, MDLZ has lost -3.44% or -$2.29 and has reached a new high 4 times. However, the current price is down -7.36% from the 52-week high price.
MDLZ stock investors last saw insider trading activity on Dec 05.Brusadelli Maurizio (EVP and President AMEA) most recently sold 22,388 shares at $67.55 per share on Dec 05. This transaction cost the insider $1,512,309. EVP, Res, Dev & Qlty, Hargrove Robin S., sold 30,500 shares at a price of $65.86 on May 11. Then, on Feb 25, EVP and President AMEA Brusadelli Maurizio sold 26,500 shares at a price of $65.09 per share. This transaction amounted to $1,724,885.
MDLZ stock has a beta of 0.67. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.88 while the price-to-book (PB) in the most recent quarter is 3.31, with the price to cash flow ratio at 83.92.
Mondelez International Inc.’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 0.70. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.74, while the total debt to equity was 0.81. In terms of profitability, the gross margin trailing 12 months is 36.30%. The firm’s gross profit as reported stood at $11.25 billion against revenue of $28.72 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -136.47% to $532.0 million, while revenue of $747.0 million was -40.41% off the previous quarter. Analysts expected MDLZ to announce $0.64 per share in earnings in its latest quarter, but it posted $0.67, representing a 4.70% surprise. EBITDA for the quarter stood at more than $950.0 million. MDLZ stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 41.37 billion, with total debt at $19.7 billion. Shareholders hold equity totaling $1.37 billion.
Let’s look briefly at Mondelez International Inc. (MDLZ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 33.85% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.24%.
The stock’s 5-day moving average is $64.77, reflecting a -4.03% or -$2.70 change from its current price. MDLZ is currently trading -3.78% above its 20-day SMA, +3.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +0.69% and SMA200 by+2.14%.
Stochastic %K and %D was 13.03% and 13.49% and the average true range (ATR) pointed at 1.07. The RSI (14) points at 38.86%, while the 14-day stochastic is at 21.72% with the period’s ATR at 1.07. The stock’s 9-day MACD Oscillator is pointing at -1.76 and -2.13 on the 14-day charts.
In the most recent analyst report for Mondelez International Inc. (NASDAQ: MDLZ), Wells Fargo launched coverage with an Overweight rating. Analysts offering their rating for MDLZ stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate MDLZ as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 17 have offered a “buy” rating.
What is MDLZ’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $68.00 and a high of $80.00, with their median price target at $75.00. Looking at these predictions, the average price target given by analysts is for Mondelez International Inc. (MDLZ) stock is $73.38.