News coverage about Mondelez International (NASDAQ:MDLZ) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mondelez International earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.6971044852319 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Investec Asset Management Ltd Increases Its Position in Mondelez International, Inc. (MDLZ) Stock – First News 24 (firstnewspaper24.com)
- Investec Asset Management Ltd Modifies Its Holdings in Mondelez International, Inc. (MDLZ) – First News 24 (firstnewspaper24.com)
- Baldwin Investment Management LLC Sells 25 Shares of Mondelez International, Inc. (MDLZ) (topactu.net)
- Mondelez International, Inc. (MDLZ) Position Cut by First National Bank of Omaha (vothemes.com)
- Mondelez International, Inc. (MDLZ) Shares Bought by Bronfman EL Rothschild LP (ismboard.com)
Shares of Mondelez International (MDLZ) opened at 43.59 on Friday. The company has a market cap of $65.72 billion, a PE ratio of 38.34 and a beta of 1.19. Mondelez International has a one year low of $40.50 and a one year high of $47.23. The stock’s 50 day moving average price is $43.70 and its 200 day moving average price is $44.47.
Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The company had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.98 billion. During the same quarter last year, the company posted $0.44 EPS. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities analysts predict that Mondelez International will post $2.12 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be paid a $0.22 dividend. This is a positive change from Mondelez International’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, September 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.02%. Mondelez International’s dividend payout ratio (DPR) is presently 66.67%.
A number of brokerages have weighed in on MDLZ. UBS AG reiterated a “buy” rating and issued a $51.00 price target on shares of Mondelez International in a research report on Wednesday. Susquehanna Bancshares Inc reiterated a “hold” rating on shares of Mondelez International in a research report on Wednesday, August 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $53.00 price target (down from $54.00) on shares of Mondelez International in a research report on Monday, July 31st. Piper Jaffray Companies upgraded Mondelez International from a “neutral” rating to an “overweight” rating and upped their price target for the company from $48.00 to $49.00 in a research report on Tuesday, July 25th. Finally, BidaskClub cut Mondelez International from a “sell” rating to a “strong sell” rating in a research report on Friday, June 30th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $50.33.
In related news, EVP Maurizio Brusadelli sold 6,248 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total transaction of $273,412.48. Following the sale, the executive vice president now owns 61,651 shares in the company, valued at approximately $2,697,847.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.60% of the company’s stock.
Mondelez International Company Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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