Mondelez International Inc. (NASDAQ: MDLZ) is -0.54% lower on its value in year-to-date trading and has touched a low of $54.72 and a high of $68.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDLZ stock was last observed hovering at around $65.54 in the last trading session, with the day’s gains setting it 0.75% off its average median price target of $75.00 for the next 12 months. It is also 17.14% off the consensus price target high of $80.00 offered by 27 analysts, but current levels are 3.93% higher than the price target low of $69.00 for the same period.
Currently trading at $66.29, the stock is 1.09% and 0.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.65 million and changing 1.14% at the moment leaves the stock 4.82% off its SMA200. MDLZ registered 12.13% gain for a year compared to 6-month gain of 7.09%.
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The stock witnessed a 1.21% loss in the last 1 month and extending the period to 3 months gives it a -1.15%, and is 2.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.75% over the week and 1.65% over the month.
Mondelez International Inc. (MDLZ) has around 91000 employees, a market worth around $90.18B and $31.50B in sales. Current P/E ratio is 33.82 and Fwd P/E is 19.28. Profit margin for the company is 8.60%. Distance from 52-week low is 21.14% and -3.66% from its 52-week high. The company has generated returns on investments over the last 12 months (5.10%).
Mondelez International Inc. (MDLZ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Mondelez International Inc. (MDLZ) is a “Overweight”. 27 analysts offering their recommendations for the stock have an average rating of 2.00, where 5 rate it as a Hold and 5 think it is a “Overweight”. 17 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Mondelez International Inc. is expected to release its quarterly report on 05/02/2023.The EPS is expected to shrink by -35.50% this year.
Mondelez International Inc. (MDLZ) Top Institutional Holders
The shares outstanding are 1.37B, and float is at 1.35B with Short Float at 0.77%.
Mondelez International Inc. (MDLZ) Insider Activity
A total of 29 insider transactions have happened at Mondelez International Inc. (MDLZ) in the last six months, with sales accounting for 14 and purchases happening 15 times. The most recent transaction is an insider sale by Mondelez International, Inc.,the company’sDirector. SEC filings show that Mondelez International, Inc. sold 30,000,000 shares of the company’s common stock on Feb 27 at a price of $34.42 per share for a total of $1.03 billion. Following the sale, the insider now owns 45.54 million shares.
Mondelez International Inc. disclosed in a document filed with the SEC on Feb 22 that Brusadelli Maurizio (EVP and President AMEA) sold a total of 20,675 shares of the company’s common stock. The trade occurred on Feb 22 and was made at $66.68 per share for $1.38 million. Following the transaction, the insider now directly holds 0.21 million shares of the MDLZ stock.
Still, SEC filings show that on Dec 05, Brusadelli Maurizio (EVP and President AMEA) disposed off 22,388 shares at an average price of $67.55 for $1.51 million. The insider now directly holds 0 shares of Mondelez International Inc. (MDLZ).
Mondelez International Inc. (MDLZ): Who are the competitors?
The company’s main competitors (and peers) include The Coca-Cola Company (KO) that is trading 3.64% up over the past 12 months and PepsiCo Inc. (PEP) that is 12.88% higher over the same period. The Kraft Heinz Company (KHC) is 2.09% up on the 1-year trading charts.