Mondelez International, Inc. (NASDAQ:MDLZ) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have received an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $68.3158.

Several equities analysts have recently commented on MDLZ shares. Zacks Research downgraded Mondelez International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. DA Davidson decreased their target price on Mondelez International from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Sanford C. Bernstein dropped their price target on Mondelez International from $85.00 to $84.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Royal Bank Of Canada cut their price objective on shares of Mondelez International from $71.00 to $67.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a report on Tuesday, October 14th.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $57.10 on Friday. The stock has a market cap of $73.67 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 5.34 and a beta of 0.42. Mondelez International has a 1 year low of $53.95 and a 1 year high of $71.15. The firm has a fifty day moving average price of $59.64 and a 200-day moving average price of $63.40. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share for the quarter. The company had revenue of $7.30 billion for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. Equities analysts anticipate that Mondelez International will post 2.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MDLZ. Soundwatch Capital LLC bought a new stake in shares of Mondelez International in the second quarter worth about $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in Mondelez International during the 3rd quarter valued at approximately $27,000. Rossby Financial LCC increased its stake in Mondelez International by 966.7% in the 2nd quarter. Rossby Financial LCC now owns 448 shares of the company’s stock worth $30,000 after acquiring an additional 406 shares during the last quarter. Richardson Financial Services Inc. increased its stake in Mondelez International by 141.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after acquiring an additional 282 shares during the last quarter. Finally, Aspect Partners LLC raised its holdings in shares of Mondelez International by 180.5% during the 2nd quarter. Aspect Partners LLC now owns 474 shares of the company’s stock worth $32,000 after acquiring an additional 305 shares in the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.