Market Analysts see Mondelez International Inc. [MDLZ] gaining to $69. Time to buy?

Related

Share

Mondelez International Inc. [NASDAQ: MDLZ] gained 0.79% or 0.49 points to close at $62.73 with a heavy trading volume of 6979805 shares. The company report on November 4, 2021 that Mondelēz International Commits to 2050 Net Zero Emissions Target.

Northampton, MA –News Direct– Mondelēz International.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


November 4, 2021 /3BL Media/ – Mondelēz International, Inc. (Nasdaq: MDLZ) announced this week it is committing to a 2050 target of net zero greenhouse gas emissions across its full value chain. As part of its commitment, Mondelēz International has signed the Science Based Targets initiative’s Business Ambition for 1.5°C, aligning its long-term emissions mitigation targets with the ambitious aim of limiting temperature rise in accordance with the Paris Agreement. Mondelēz International has also joined the United Nations Race to Zero Campaign to help build momentum towards a decarbonized economy. These commitments mark a bold step forward in Mondelēz International’s differentiated approach to sustainability that is helping drive lasting progress at scale and create long-term value for the business and its stakeholders.

It opened the trading session at $62.52, the shares rose to $62.97 and dropped to $62.33, the range by which the price of stock traded the whole day. The daily chart for MDLZ points out that the company has recorded 0.54% gains over the past six months. However, it is still -18.56% lower than its most recent low trading price.

If we look at the average trading volume of 6.23M shares, MDLZ reached to a volume of 6979805 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 $70.64 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 2.00. 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.

Morgan Stanley have made an estimate for Mondelez International Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 21, 2021. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $69 to $71. The new note on the price target was released on July 28, 2021, representing the official price target for Mondelez International Inc. stock. Previously, the target price had yet another raise from $63 to $66, while Guggenheim kept a Neutral rating on MDLZ stock.

The Average True Range (ATR) for Mondelez International Inc. is set at 0.85, with the Price to Sales ratio for MDLZ stock in the period of the last 12 months amounting to 3.08. The Price to Book ratio for the last quarter was 3.17, with the Price to Cash per share for the same quarter was set at 2.44. Price to Free Cash Flow for MDLZ in the course of the last twelve months was 51.17 with Quick ratio for the last quarter at 0.50.

Trading performance analysis for MDLZ stock

Mondelez International Inc. [MDLZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.63. With this latest performance, MDLZ shares gained by 5.13% in over the last four-week period, additionally plugging by 0.54% over the last 6 months – not to mention a rise of 9.88% 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 66.03, with the RSI for the last a single of trading hit 71.31, and the three-weeks RSI is set at 61.45 for Mondelez International Inc. [MDLZ]. The present Moving Average for the last 50 days of trading for this stock 60.46, while it was recorded at 62.24 for the last single week of trading, and 60.43 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 0.63/share EPS, while the average EPS was predicted by analysts to be reported at 0.62/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.60%. 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 8.80%.

An analysis of insider ownership at Mondelez International Inc. [MDLZ]

There are presently around $67,919 million, or 78.80% of MDLZ stock, in the hands of institutional investors. The top three institutional holders of MDLZ stocks are: VANGUARD GROUP INC with ownership of 113,027,986, which is approximately 0.084% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 88,732,183 shares of the stock with an approximate value of $5.57 billion in MDLZ stocks shares; and STATE STREET CORP, currently with $3.89 billion in MDLZ stock with ownership of nearly 0.58% of the company’s market capitalization.

>> 7 Top Picks for the Post-Pandemic Economy <<

Positions in Mondelez International Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 736 institutional holders increased their position in Mondelez International Inc. [NASDAQ:MDLZ] by around 60,558,771 shares. Additionally, 699 investors decreased positions by around 55,701,117 shares, while 315 investors held positions by with 966,461,915 shares. The mentioned changes placed institutional holdings at 1,082,721,803 shares, according to the latest SEC report filing. MDLZ stock had 111 new institutional investments in for a total of 9,431,929 shares, while 109 institutional investors sold positions of 5,274,484 shares during the same period.