Mondelez International Inc. (NASDAQ:MDLZ) saw a downside of -0.56% to close Monday at $70.73 after subtracting -$0.4 on the day. The 5-day average trading volume is 4,700,840 shares of the company’s common stock. It has gained $72.97 in the past week and touched a new high 1 time within the past 5 days. An average of 5,539,330 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,299,548.
MDLZ’s 1-month performance is -4.39% or -$3.25 on its low of $70.57 reached on 08/21/23. The company’s shares have touched a 52-week low of $54.72 and high of $78.59, with the stock’s rally to the 52-week high happening on 04/28/23. YTD, MDLZ has achieved 6.12% or $4.08 and has reached a new high 17 times. However, the current price is down -10.00% from the 52-week high price.
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Insider Transactions
MDLZ stock investors last saw insider trading activity on Feb 27.Mondelez International, Inc. (Director) most recently sold 30,000,000 shares at $34.42 per share on Feb 27. This transaction cost the insider $1,032,600,000. EVP and President AMEA, Brusadelli Maurizio, sold 20,675 shares at a price of $66.68 on Feb 22. Then, on Dec 05, EVP and President AMEA Brusadelli Maurizio sold 22,388 shares at a price of $67.55 per share. This transaction amounted to $1,512,309.
Valuation Metrics
MDLZ stock has a beta of 0.65. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.82 while the price-to-book (PB) in the most recent quarter is 3.37, with the price to cash flow ratio at 33.24.
Mondelez International Inc.’s quick ratio for the period ended June 29 was 0.40, with the current ratio over the same period at 0.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.63, while the total debt to equity was 0.74. In terms of profitability, the gross margin trailing 12 months is 36.60%. The trailing 12-month EBITDA margin is 15.63% while for the period ending June 29, Mondelez International Inc.’s operating margin was 13.00%. The firm’s gross profit as reported stood at $11.31 billion against revenue of $31.5 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 20.87% to $944.0 million, while revenue of $2.08 billion was -120.44% off the previous quarter. Analysts expected MDLZ to announce $0.63 per share in earnings in its latest quarter, but it posted $0.7, representing a 11.10% surprise. EBITDA for the quarter stood at more than $1.72 billion. MDLZ stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 43.35 billion, with total debt at $21.72 billion. Shareholders hold equity totaling $1.36 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 21 August was 27.28% to suggest the stock is trending oversold, with historical volatility in this time period at 8.92%.
The stock’s 5-day moving average is $71.46, reflecting a -3.39% or -$2.48 change from its current price. MDLZ is currently trading -4.83% above its 20-day SMA, +1.64% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -3.23% and SMA200 by+14.32%.
Stochastic %K and %D was 2.44% and 1.98% and the average true range (ATR) pointed at 0.95. The RSI (14) points at 34.87%, while the 14-day stochastic is at 3.03% with the period’s ATR at 1.00. The stock’s 9-day MACD Oscillator is pointing at -1.42 and -2.14 on the 14-day charts.
Analyst Ratings
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 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 14 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 $75.00 and a high of $89.00, with their median price target at $83.00. Looking at these predictions, the average price target given by analysts is for Mondelez International Inc. (MDLZ) stock is $83.34.
