Mondelez International, Inc. (NASDAQ:MDLZ) Receives $67.05 Consensus Price Target from Analysts

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

Several equities analysts have recently issued reports on the company. TD Cowen lifted their price target on Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mondelez International in a research note on Wednesday, April 22nd. UBS Group lifted their price target on Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Finally, Bank of America lifted their price target on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th.

Mondelez International Price Performance

Shares of NASDAQ MDLZ opened at $61.74 on Thursday. The stock has a market capitalization of $79.25 billion, a PE ratio of 30.72, a P/E/G ratio of 2.39 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. The business has a fifty day moving average price of $60.59 and a two-hundred day moving average price of $58.39. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the previous year, the firm earned $0.76 EPS. The company’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. As a group, equities analysts predict that Mondelez International will post 3.06 earnings per share for the current fiscal year.

Mondelez International Announces Dividend

The company 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. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Mondelez International’s payout ratio is currently 99.50%.

Institutional Investors Weigh In On Mondelez International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Ballast Advisors LLC bought a new stake in Mondelez International during the 1st quarter worth $34,000. Western Wealth Management LLC bought a new stake in Mondelez International during the 1st quarter worth $142,000. Pine Valley Investments Ltd Liability Co grew its position in 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 acquiring an additional 179 shares during the last quarter. Farmers National Bank grew its position in 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 acquiring an additional 1,491 shares during the last quarter. Finally, Evansbrook LLC grew its position in 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 acquiring an additional 576 shares during the last quarter. Institutional investors own 78.32% of the company’s stock.

Mondelez International Company Profile

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.