Mondelez International, Inc. (MDLZ) Receives Average Rating of “Buy” from Analysts

Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus recommendation of “Buy” by the seventeen brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $49.64.

A number of equities analysts have commented on the stock. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. UBS reaffirmed a “buy” rating and set a $51.00 target price on shares of Mondelez International in a research note on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 target price on shares of Mondelez International and gave the stock a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $55.00 target price on shares of Mondelez International in a research note on Wednesday, September 20th.

In related news, EVP Daniel P. Myers sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.94, for a total transaction of $286,580.00. Following the sale, the executive vice president now directly owns 20,965 shares of the company’s stock, valued at approximately $858,307.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lewis W. K. Booth bought 1,500 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $41.29 per share, for a total transaction of $61,935.00. The disclosure for this purchase can be found here. 3.60% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Proficio Capital Partners LLC grew its holdings in Mondelez International by 637.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock worth $105,000 after acquiring an additional 1,963 shares in the last quarter. Bank of Nova Scotia Trust Co. acquired a new position in Mondelez International during the 3rd quarter worth approximately $113,000. Acrospire Investment Management LLC grew its holdings in Mondelez International by 1,450.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock worth $134,000 after acquiring an additional 2,900 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in Mondelez International by 2,056.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock worth $157,000 after acquiring an additional 3,434 shares in the last quarter. Finally, Rockefeller Financial Services Inc. grew its holdings in Mondelez International by 300.0% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock worth $163,000 after acquiring an additional 3,000 shares in the last quarter. Institutional investors own 75.86% of the company’s stock.

Mondelez International (NASDAQ:MDLZ) opened at $42.92 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. Mondelez International has a 52 week low of $39.19 and a 52 week high of $47.23. The company has a market cap of $64,139.13, a PE ratio of 20.94, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Monday, October 30th. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.45 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. Mondelez International’s quarterly revenue was up 2.1% compared to the same quarter last year. equities analysts predict that Mondelez International will post 2.14 EPS for the current fiscal year.

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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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