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

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $67.0526.

MDLZ has been the subject of a number of analyst reports. Sanford C. Bernstein reduced their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Bank of America boosted their price target on Mondelez International from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reduced their price target on Mondelez International from $60.00 to $54.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a research report on Wednesday, April 22nd.

Hedge Funds Weigh In On Mondelez International

Several large investors have recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co lifted its position in shares of Mondelez International by 2.1% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock worth $515,000 after purchasing an additional 179 shares during the last quarter. Farmers National Bank lifted its position in shares of Mondelez International by 4.8% during the 1st quarter. Farmers National Bank now owns 32,733 shares of the company’s stock worth $1,887,000 after purchasing an additional 1,491 shares during the last quarter. Evansbrook LLC lifted its position in shares of Mondelez International by 6.4% during the 1st quarter. Evansbrook LLC now owns 9,545 shares of the company’s stock worth $550,000 after purchasing an additional 576 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Mondelez International by 5.5% during the 1st quarter. Parallel Advisors LLC now owns 60,155 shares of the company’s stock worth $3,467,000 after purchasing an additional 3,115 shares during the last quarter. Finally, First Nebraska Trust Co acquired a new position in shares of Mondelez International during the 1st quarter worth about $703,000. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of NASDAQ:MDLZ opened at $60.86 on Thursday. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The business has a 50-day moving average of $60.38 and a two-hundred day moving average of $58.24. The stock has a market capitalization of $78.12 billion, a P/E ratio of 30.28, a P/E/G ratio of 2.43 and a beta of 0.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The company had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the firm earned $0.76 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. On average, equities research analysts predict that Mondelez International will post 3.06 EPS for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Mondelez International’s payout ratio is currently 99.50%.

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.