Sanford C. Bernstein Cuts Mondelez International (NASDAQ:MDLZ) Price Target to $73.00

Mondelez International (NASDAQ:MDLZ) had its price target lowered by research analysts at Sanford C. Bernstein from $75.00 to $73.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 21.26% from the company’s current price.

Other equities analysts have also issued research reports about the company. Zacks Research lowered Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Piper Sandler boosted their target price on Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Royal Bank Of Canada reduced their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Morgan Stanley reduced their price target on shares of Mondelez International from $68.00 to $64.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a research report on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.06.

Mondelez International Stock Performance

MDLZ traded up $0.34 on Wednesday, reaching $60.20. The company had a trading volume of 4,401,689 shares, compared to its average volume of 11,812,036. The stock has a 50-day moving average price of $56.67 and a 200-day moving average price of $59.01. The stock has a market capitalization of $77.17 billion, a PE ratio of 32.02, a P/E/G ratio of 2.61 and a beta of 0.38. Mondelez International has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $10.50 billion for the quarter, compared to the consensus estimate of $10.32 billion. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, research analysts forecast that Mondelez International will post 2.9 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Soundwatch Capital LLC bought a new position in Mondelez International in the 2nd quarter valued at about $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International during the third quarter valued at approximately $27,000. Rossby Financial LCC raised its holdings in Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after purchasing an additional 406 shares in the last quarter. J.Safra Asset Management Corp acquired a new stake in Mondelez International in the fourth quarter worth approximately $25,000. Finally, Advocate Investing Services LLC acquired a new position in shares of Mondelez International during the 4th quarter valued at $25,000. Institutional investors own 78.32% of the company’s stock.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.