Stifel Nicolaus Cuts Mondelez International (NASDAQ:MDLZ) Price Target to $68.00

Mondelez International (NASDAQ:MDLZ) had its price target decreased by Stifel Nicolaus from $70.00 to $68.00 in a report issued on Wednesday,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other research analysts also recently commented on MDLZ. Mizuho reduced their price objective on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. DZ Bank upgraded Mondelez International from a “sell” rating to a “buy” rating in a research report on Thursday, October 30th. Piper Sandler decreased their target price on shares of Mondelez International from $63.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Royal Bank Of Canada lowered their price target on Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Finally, Morgan Stanley dropped their target price on Mondelez International from $68.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Thirteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.44.

Mondelez International Price Performance

Mondelez International stock opened at $60.02 on Wednesday. Mondelez International has a 1 year low of $51.20 and a 1 year high of $71.15. The firm has a 50 day moving average price of $55.84 and a 200 day moving average price of $59.47. The company has a market cap of $77.45 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 2.52 and a beta of 0.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.37 and a current ratio of 0.59.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same quarter in the previous year, the business earned $0.65 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts predict that Mondelez International will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Wednesday, December 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, December 31st. Mondelez International’s payout ratio is 106.38%.

Institutional Investors Weigh In On Mondelez International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Soundwatch Capital LLC acquired a new position in shares of Mondelez International in the second quarter valued at $27,000. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International during the 3rd quarter valued at about $27,000. Rossby Financial LCC boosted its holdings in shares of 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 in the last quarter. Richardson Financial Services Inc. boosted its stake in Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares in the last quarter. Finally, High Point Wealth Management LLC bought a new stake in Mondelez International during the 4th quarter worth about $30,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.