Mondelez International, Inc. (NASDAQ:MDLZ) Receives Average Rating of “Moderate Buy” from Brokerages

Mondelez International, Inc. (NASDAQ:MDLZ) has received a consensus rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the company, Marketbeat reports. Ten research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $66.4444.

Several brokerages have recently issued reports on MDLZ. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research report on Friday, May 29th. JPMorgan Chase & Co. boosted their target price on Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen raised their price target on Mondelez International from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Mondelez International from $60.00 to $54.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Finally, Barclays lifted their price target on shares of Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th.

Mondelez International Stock Down 0.7%

Mondelez International stock opened at $61.00 on Monday. The stock has a market cap of $78.30 billion, a PE ratio of 30.35, a price-to-earnings-growth ratio of 2.41 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock has a fifty day moving average of $60.97 and a 200 day moving average of $59.02. Mondelez International has a one year low of $51.20 and a one year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $9.75 billion. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, sell-side analysts predict that Mondelez International will post 3.05 EPS for the current year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 99.50%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in Mondelez International in the fourth quarter worth about $1,010,020,000. Capital International Investors grew its position in Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Mondelez International by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Mondelez International by 72.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock worth $489,299,000 after buying an additional 3,803,776 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Mondelez International by 190.3% during the fourth quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock worth $230,062,000 after buying an additional 2,801,689 shares during the period. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Company Profile

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.