Somewhat Favorable News Coverage Somewhat Unlikely to Impact Mondelez International (NASDAQ:MDLZ) Stock Price

News articles about Mondelez International (NASDAQ:MDLZ) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mondelez International earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave 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 stock’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s rankings:

Shares of Mondelez International (NASDAQ:MDLZ) traded down 1.08% on Friday, reaching $42.94. The company’s stock had a trading volume of 6,760,998 shares. Mondelez International has a 52-week low of $40.50 and a 52-week high of $47.23. The stock has a market cap of $64.74 billion, a P/E ratio of 37.77 and a beta of 1.19. The firm’s 50 day moving average is $43.61 and its 200-day moving average is $44.43.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.98 billion. During the same period last year, the business posted $0.44 earnings per share. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. On average, equities research analysts forecast that Mondelez International will post $2.12 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Friday, September 29th will be given a $0.22 dividend. This is an increase from Mondelez International’s previous quarterly dividend of $0.19. This represents a $0.88 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, September 28th. Mondelez International’s dividend payout ratio (DPR) is currently 66.67%.

Several research analysts have weighed in on the company. Morgan Stanley boosted their price target on Mondelez International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Thursday, May 25th. Piper Jaffray Companies assumed coverage on Mondelez International in a research report on Wednesday, May 24th. They set a “neutral” rating and a $48.00 price target on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and set a $54.00 price target on shares of Mondelez International in a research report on Monday, May 22nd. BidaskClub lowered Mondelez International from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Finally, TheStreet raised Mondelez International from a “c” rating to a “b-” rating in a report on Wednesday, April 26th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $50.33.

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In other news, EVP Maurizio Brusadelli sold 6,248 shares of Mondelez International stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total value of $273,412.48. Following the completion of the transaction, the executive vice president now directly owns 61,651 shares in the company, valued at $2,697,847.76. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.60% of the stock is currently owned by insiders.

About Mondelez International

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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