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Mondelez International Inc. (MDLZ) Is Down -2.62% in 2024 With Lots of Room to Run

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Mondelez International Inc. (NASDAQ: MDLZ) is -2.62% lower on its value in year-to-date trading and has touched a low of $60.75 and a high of $77.20 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 $70.66 in the last trading session, with the day’s loss setting it -0.13%.

Currently trading at $70.53, the stock is -3.21% and -2.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.1 million and changing -0.18% at the moment leaves the stock -0.18% off its SMA200. MDLZ registered 15.55% gain for a year compared to 6-month gain of 7.07%. The firm has a 50-day simple moving average (SMA 50) of $72.3038 and a 200-day simple moving average (SMA200) of $70.65685.

The stock witnessed a -6.28% loss in the last 1 month and extending the period to 3 months gives it a 7.14%, and is -0.66% down 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 1.14% over the week and 1.25% over the month.

Mondelez International Inc. (MDLZ) has around 91000 employees, a market worth around $94.21B and $35.98B in sales. Current P/E ratio is 24.30 and Fwd P/E is 19.64. Profit margin for the company is 10.97%. Distance from 52-week low is 16.10% and -8.64% from its 52-week high. The company has generated returns on investments over the last 12 months (8.91%).

with sales reaching $9.11B over the same period.The EPS is expected to grow by 5.30% this year, but quarterly earnings will post 1.70% year-over-year.

Mondelez International Inc. (MDLZ) Top Institutional Holders

2508.0 institutions hold shares in Mondelez International Inc. (MDLZ), with institutional investors hold 83.96% of the company’s shares. The shares outstanding are 1.35B, and float is at 1.33B with Short Float at 0.99%. Institutions hold 83.81% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 130.77 million shares valued at $8.56 billion. The investor’s holdings represent 9.7012% of the MDLZ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 96.77 million shares valued at $6.33 billion to account for 7.1789 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 59.84 million shares representing 4.4393% and valued at over $3.92 billion, while STATE STREET CORP holds 4.325 of the shares totaling 58.3 million with a market value of $3.84 billion.

Mondelez International Inc. (MDLZ) Insider Activity

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