Mondelez International Target of Unusually Large Options Trading (MDLZ)
Shares of Mondelez International (NASDAQ:MDLZ) was the target of some unusual options trading activity on Friday. Stock traders bought 18,004 call options on the stock, American Banking News.com reports. This is an increase of 293% compared to the average volume of 4,587 call options.
A number of research firms have recently commented on MDLZ. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondelez International in a research note to investors on Friday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Mondelez International in a research note to investors on Tuesday, September 17th. They now have a $34.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $38.67.
Mondelez International (NASDAQ:MDLZ) opened at 30.851 on Monday. Mondelez International has a 52 week low of $24.50 and a 52 week high of $33.08. The stock’s 50-day moving average is $31.26 and its 200-day moving average is $30.71. The company has a market cap of $54.935 billion and a price-to-earnings ratio of 23.65.
Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.02. The company had revenue of $8.60 billion for the quarter, compared to the consensus estimate of $8.64 billion. The company’s quarterly revenue was up .8% on a year-over-year basis. Analysts expect that Mondelez International will post $1.55 EPS for the current fiscal year.
Mondelez International, Inc (NASDAQ:MDLZ), is a snack manufacturing company.
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