The stock of Mondelez International Inc. (NASDAQ:MDLZ) increased by $0.05 on Monday to finish at $71.55, up 0.07 percent. The last five days have seen an average of 4,498,900 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $4.90. The average number of shares traded over the last 20 days was 4,876,370, while the average volume over the last 50 days totaled 6,284,434.
MDLZ stock dropped -4.65% since last month. On 08/22/23, the company’s shares reached a one-month low of $70.11. The stock touched a high of $78.59 on 04/28/23, after rallying from a low of $54.72 in 52 weeks. The price of MDLZ stock has risen by 7.35% or $4.90 this year, reaching a new high 17 times. Still, the stock price is down -8.96% from the 52-week high.
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Insider Transactions
MDLZ stock investors should be aware that Mondelez International Inc. (MDLZ) stock had its last reported insider trading activity 183 days ago on Feb 27. On Feb 27, Director Mondelez International, Inc. sold 30,000,000 shares at $34.42 each. This transaction resulted in the insider making $1,032,600,000. On Feb 22, Brusadelli Maurizio sold 20,675 shares at a price of US$66.68. After the transaction, the insider now owns 205,081 shares. EVP and President AMEA Brusadelli Maurizio had earlier sold 22,388 shares on Dec 05 for $67.55 a share. The transaction was completed for $1,512,309.
Valuation Metrics
Mondelez International Inc. (MDLZ) has a trailing price-to-earnings (P/E) ratio of 23.73. Beta for the stock is 0.65. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.83, the price-to-book (PB) ratio of 3.41, and the price-to-cash flow ratio of 33.28.
Company paid $0.4250 per share in dividends, an increase of 10.39% from $0.3850 last year.
Financial Health
For the three months ended June 29, Mondelez International Inc.’s quick ratio was 0.40, while its current ratio was 0.60, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.63, and the total debt to equity ratio is 0.74. As far as profitability goes, gross margin for the trailing twelve months is 36.60% percent. Mondelez International Inc.’s EBITDA margin for the year ended June 29 was 15.63%, whereas its operating margin stood at 13.00% for the same period. Based on annual data, it had gross profit of $11.31 billion and revenue of $31.5 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. MDLZ’s return on assets (ROA) during the last 12 months has been 5.80%. There was a 5.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 15.00%.
Earnings Surprise
According to Mondelez International Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $8.51 billion, while revenues rose by 14.49% to $9.17 billion. It was predicted that Mondelez International Inc.’s quarterly earnings would be $0.76, but it ended up being $0.69, beating the consensus by 10.10%. EBITDA was $1.72 billion for the quarter. At the end of Mondelez International Inc.’s most recent quarter ended June 29, its liabilities totaled 43.35 billion, while its total debt was $21.72 billion. Equity owned by shareholders amounts to $1.36 billion.
Technical Picture
Here’s a quick look at Mondelez International Inc.’s (MDLZ) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 44.66%, suggesting the stock is Neutral, with a 13.89% historical volatility rate.
The stochastic %K and %D were 26.01% and 21.40% respectively, while the average true range (ATR) was 0.98. Based on the 14-day stochastic reading of 31.45%, the RSI (14) reading is 44.26%. On the 9-day MACD Oscillator, the stock is at 0.12, and the 14-day reading is at -0.67.
Analyst Ratings
Analysts have assigned Mondelez International Inc. (MDLZ) an Overweight rating. MDLZ is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 14 others recommend it as a buy.
What is MDLZ’s price target for the next 12 months?
The current consensus forecast for the stock is between $75.00 and $89.00, with a median target price of $83.00. In analyzing these forecasts, the average price target given by analysts for Mondelez International Inc. (MDLZ) is $83.34.
