Mondelez International (NASDAQ:MDLZ) Shares Down 0%

Mondelez International, Inc. (NASDAQ:MDLZ)’s share price traded down 0% during trading on Thursday . The company traded as low as $70.48 and last traded at $70.68. 1,197,681 shares were traded during trading, a decline of 85% from the average session volume of 7,911,755 shares. The stock had previously closed at $70.69.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Stifel Nicolaus increased their price target on shares of Mondelez International from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. JPMorgan Chase & Co. reduced their price target on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Finally, Citigroup lowered their price objective on Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.75.

Mondelez International Stock Performance

The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $94.11 billion, a P/E ratio of 22.19, a P/E/G ratio of 2.44 and a beta of 0.55. The business has a fifty day moving average price of $70.29 and a 200-day moving average price of $70.86.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The company had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.16 billion. During the same quarter in the prior year, the business earned $0.89 earnings per share. Mondelez International’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, sell-side analysts expect that Mondelez International, Inc. will post 3.51 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MDLZ. Bogart Wealth LLC boosted its stake in Mondelez International by 63.9% in the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. bought a new position in shares of Mondelez International during the fourth quarter worth $26,000. Carmel Capital Partners LLC purchased a new stake in Mondelez International in the 3rd quarter worth $28,000. First Command Advisory Services Inc. bought a new position in shares of Mondelez International during the 3rd quarter valued at about $29,000. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Mondelez International in the fourth quarter worth about $29,000. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.