As of Thursday close, Mondelez International Inc.’s (NASDAQ:MDLZ) stock was down -$0.76, moving down -1.06 percent to $71.20. The average number of shares traded per day over the past five days has been 4,612,400 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.52 fall in that time frame. In the last twenty days, the average volume was 6,448,105, while in the previous 50 days, it was 6,349,698.
Since last month, MDLZ stock retreated -2.75%. Shares of the company fell to $71.16 on 08/17/23, the lowest level in the past month. A 52-week high of $78.59 was reached on 04/28/23 after having rallying from a 52-week low of $54.72. Since the beginning of this year, MDLZ’s stock price has risen by 6.83% or $4.55, and marked a new high 17 times. However, the stock has declined by -9.40% since its 52-week high.
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MDLZ stock investors should be aware that Mondelez International Inc. (MDLZ) stock had its last reported insider trading activity 172 days ago on Feb 27. Mondelez International, Inc., the Director of the company, disposed of 30,000,000 shares for $34.42 on Feb 27. It resulted in a $1,032,600,000 divestment by the insider. Brusadelli Maurizio sold 20,675 shares at an average price of $66.68 on Feb 22. The insider now owns 205,081 shares following the transaction. On Dec 05, EVP and President AMEA Brusadelli Maurizio sold 22,388 shares at $67.55 apiece. The transaction was valued at $1,512,309.
Valuation Metrics
Right now, Mondelez International Inc. (MDLZ) has a P/E ratio of about 23.62. The stock’s beta is 0.65. Besides these, the trailing price-to-sales (P/S) ratio of 2.83, the price-to-book (PB) ratio of 3.39, and the price-to-cash flow ratio of 33.31 may also be considered.
The latest dividend of $0.4250 per share was paid out, which is 10.39% more than last year’s $0.3850.
Financial Health
In the three months ended June 29, Mondelez International Inc.’s quick ratio stood at 0.40, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.63, and the total debt-to-equity ratio was 0.74. On the profitability front, the trailing twelve-month gross margin is 36.60% percent. In the year ended June 29, EBITDA margin amounted to 15.63%, whereas operating margins totaled 13.00%. Based on annual data, MDLZ earned $11.31 billion in gross profit and brought in $31.5 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.10%. Return on equity (ROE) for the past 12 months was 15.00%.
In Mondelez International Inc.’s quarter-end financial report for June 29, it reported total debt of $18.15 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MDLZ’s revenue rose 14.49% to $9.17 billion during the quarter, while net income inched up to $8.51 billion. While analysts expected Mondelez International Inc. to report $0.69 quarterly earnings, the actual figure was $0.76 per share, beating the consensus estimate by 10.10%. During the quarter, the company generated $1.72 billion in EBITDA. The liabilities of Mondelez International Inc. were 43.35 billion at the end of its most recent quarter ended June 29, and its total debt was $21.72 billion. The value of shareholders’ equity is $1.36 billion.
Technical Picture
This quick technical analysis looks at Mondelez International Inc.’s (MDLZ) price momentum. With a historical volatility rate of 10.63%, the RSI 9-day stood at 30.11% on 17 August.
With respect to its five-day moving average, the current Mondelez International Inc. price is down by -3.42% percent or -$2.52. At present, MDLZ shares trade -3.63% below its 20-day simple moving average and +3.13% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.84% below its SMA50 and +15.40% above its SMA200.
Stochastic coefficient K was 1.41% and Stochastic coefficient D was 10.07%, while ATR was 1.05. Given the Stochastic reading of 0.88% for the 14-day period, the RSI (14) reading has been calculated as 37.02%. As of today, the MACD Oscillator reading stands at -1.28, while the 14-day reading stands at -1.82.
Analyst Ratings
Mondelez International Inc. (MDLZ) has been rated Overweight by analysts. According to 0 brokerage firms, MDLZ is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate Mondelez International Inc. stock as buy, with 14 recommending it as overweight.
With a median target price of $83.00, the current consensus forecast for the stock is $75.00 – $89.00. Based on these forecasts, analysts predict Mondelez International Inc. (MDLZ) will achieve an average price target of $83.34.
