Mondelez International Inc. [NASDAQ: MDLZ] gained 0.04% or 0.02 points to close at $53.68 with a heavy trading volume of 7704303 shares. The company report on March 2, 2021 that Sargento Foods, in Partnership with RITZ®, TRISCUIT® and WHEAT THINS®, Introduces Balanced Breaks® Cheese & Crackers Snacks.
Wisconsin cheese company pairs real, natural cheese with iconic snack crackers.
Sargento Foods is giving cheese lovers a new way to pair real, natural cheese with their favorite snack crackers with its release of Sargento® Balanced Breaks® Cheese & Crackers Snacks. These new products mark a new partnership between Sargento and Mondelez International, which will combine eight Sargento® natural cheese varieties with RITZ®, TRISCUIT® and WHEAT THINS® snack crackers, to create a classic snack that is easy to enjoy at home, at work or on-the-go.
It opened the trading session at $53.84, the shares rose to $54.1501 and dropped to $53.15, the range by which the price of stock traded the whole day. The daily chart for MDLZ points out that the company has recorded -7.94% loss over the past six months. However, it is still -30.32% lower than its most recent low trading price.
If we look at the average trading volume of 7.02M shares, MDLZ reached to a volume of 7704303 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Mondelez International Inc. [MDLZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MDLZ shares is $65.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MDLZ stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Mondelez International Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 18, 2020. While these analysts kept the previous recommendation, UBS raised their target price from $62 to $63. The new note on the price target was released on November 03, 2020, representing the official price target for Mondelez International Inc. stock. Previously, the target price had yet another drop from $65 to $63, while Morgan Stanley kept a Overweight rating on MDLZ stock.
The Average True Range (ATR) for Mondelez International Inc. is set at 1.03, with the Price to Sales ratio for MDLZ stock in the period of the last 12 months amounting to 2.90. The Price to Book ratio for the last quarter was 2.78, with the Price to Cash per share for the same quarter was set at 2.52. Price to Free Cash Flow for MDLZ in the course of the last twelve months was 54.15 with Quick ratio for the last quarter at 0.50.
Trading performance analysis for MDLZ stock
Mondelez International Inc. [MDLZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.04. With this latest performance, MDLZ shares dropped by -3.17% in over the last four-week period, additionally sinking by -7.94% over the last 6 months – not to mention a drop of -3.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDLZ stock in for the last two-week period is set at 38.76, with the RSI for the last a single of trading hit 37.69, and the three-weeks RSI is set at 40.02 for Mondelez International Inc. [MDLZ]. The present Moving Average for the last 50 days of trading for this stock 56.41, while it was recorded at 53.77 for the last single week of trading, and 55.53 for the last 200 days.
Mondelez International Inc. [MDLZ]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Mondelez International Inc. [MDLZ] shares currently have an operating margin of +16.21 and a Gross Margin at +38.40. Mondelez International Inc.’s Net Margin is presently recorded at +13.37.
Return on Total Capital for MDLZ is now 9.10, given the latest momentum, and Return on Invested Capital for the company is 8.15. Return on Equity for this stock inclined to 12.96, with Return on Assets sitting at 5.37. When it comes to the capital structure of this company, Mondelez International Inc. [MDLZ] has a Total Debt to Total Equity ratio set at 75.08. Additionally, MDLZ Total Debt to Total Capital is recorded at 42.88, with Total Debt to Total Assets ending up at 30.54. Long-Term Debt to Equity for the company is recorded at 64.35, with the Long-Term Debt to Total Capital now at 36.75.
Reflecting on the efficiency of the workforce at the company, Mondelez International Inc. [MDLZ] managed to generate an average of $45,000 per employee. Receivables Turnover for the company is 9.04 with a Total Asset Turnover recorded at a value of 0.40.Mondelez International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.
Mondelez International Inc. [MDLZ]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Mondelez International Inc. posted 0.69/share EPS, while the average EPS was predicted by analysts to be reported at 0.66/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDLZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mondelez International Inc. go to 9.45%.
An analysis of insider ownership at Mondelez International Inc. [MDLZ]
There are presently around $57,905 million, or 79.00% of MDLZ stock, in the hands of institutional investors. The top three institutional holders of MDLZ stocks are: VANGUARD GROUP INC with ownership of 108,526,280, which is approximately -1.007% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 93,294,012 shares of the stock with an approximate value of $5.01 billion in MDLZ stocks shares; and STATE STREET CORP, currently with $3.47 billion in MDLZ stock with ownership of nearly -2.928% of the company’s market capitalization.
Positions in Mondelez International Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 780 institutional holders increased their position in Mondelez International Inc. [NASDAQ:MDLZ] by around 36,489,753 shares. Additionally, 703 investors decreased positions by around 48,688,556 shares, while 256 investors held positions by with 993,526,678 shares. The mentioned changes placed institutional holdings at 1,078,704,987 shares, according to the latest SEC report filing. MDLZ stock had 187 new institutional investments in for a total of 4,912,397 shares, while 81 institutional investors sold positions of 5,438,634 shares during the same period.