Mondelez International Inc. Hits New 52-Week High at $36.05 (MDLZ)
Mondelez International (NASDAQ:MDLZ) set a new 52-week high on Thursday, Analyst Ratings Net reports. The company traded as high as $36.05 and last traded at $35.96, with a volume of 9,849,513 shares. The stock had previously closed at $35.70.
A number of research firms have recently commented on MDLZ. Analysts at Credit Suisse downgraded shares of Mondelez International from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 9th. They now have a $36.00 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Mondelez International in a research note to investors on Tuesday, January 7th. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Mondelez International in a research note to investors on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Mondelez International has an average rating of “Hold” and an average price target of $37.75.
Mondelez International has a 52-week low of $26.45 and a 52-week high of $35.94. The stock has a 50-day moving average of $34.59 and a 200-day moving average of $32.34. The company has a market cap of $63.031 billion and a P/E ratio of 23.35.
Mondelez International (NASDAQ:MDLZ) last released its earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.41. The company had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $8.56 billion. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Analysts expect that Mondelez International will post $1.56 EPS for the current fiscal year.
Mondelez International, Inc (NASDAQ:MDLZ), is a snack manufacturing company.
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