Mondelez International Inc. [NASDAQ: MDLZ] loss -0.60% or -0.4 points to close at $66.25 with a heavy trading volume of 6437307 shares. The company report on December 19, 2022 that Mondelēz International Announces Agreement to Sell Its Developed Market Gum Business to Perfetti Van Melle.
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Advances strategy to accelerate growth and focus portfolio on attractive chocolate, biscuits and baked snacks categories.
Retains emerging market gum business across Latin America and Asia, Middle East and Africa.
It opened the trading session at $66.50, the shares rose to $66.70 and dropped to $65.37, the range by which the price of stock traded the whole day. The daily chart for MDLZ points out that the company has recorded 6.03% gains over the past six months. However, it is still -21.07% lower than its most recent low trading price.
If we look at the average trading volume of 6.47M shares, MDLZ reached to a volume of 6437307 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 $72.71 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.
Wells Fargo have made an estimate for Mondelez International Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 03, 2023. The new note on the price target was released on January 03, 2023, representing the official price target for Mondelez International Inc. stock. Previously, the target price had yet another raise from $70 to $71, while UBS kept a Neutral rating on MDLZ stock.
The Average True Range (ATR) for Mondelez International Inc. is set at 0.97, with the Price to Sales ratio for MDLZ stock in the period of the last 12 months amounting to 2.98. The Price to Book ratio for the last quarter was 3.41, with the Price to Cash per share for the same quarter was set at 1.59. Price to Free Cash Flow for MDLZ in the course of the last twelve months was 87.08 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 -1.27. With this latest performance, MDLZ shares dropped by -2.70% in over the last four-week period, additionally plugging by 6.03% over the last 6 months – not to mention a drop of -0.09% 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 49.47, with the RSI for the last a single of trading hit 43.57, and the three-weeks RSI is set at 52.96 for Mondelez International Inc. [MDLZ]. The present Moving Average for the last 50 days of trading for this stock 65.07, while it was recorded at 66.84 for the last single week of trading, and 62.80 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 +15.93 and a Gross Margin at +37.10. Mondelez International Inc.’s Net Margin is presently recorded at +14.97.
Return on Equity for this stock inclined to 15.40, with Return on Assets sitting at 6.37.
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
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 5.09%.
An analysis of insider ownership at Mondelez International Inc. [MDLZ]
There are presently around $69,242 million, or 80.10% of MDLZ stock, in the hands of institutional investors. The top three institutional holders of MDLZ stocks are: VANGUARD GROUP INC with ownership of 121,438,592, which is approximately 2.794% of the company’s market cap and around 0.15% of the total institutional ownership; BLACKROCK INC., holding 95,834,747 shares of the stock with an approximate value of $6.35 billion in MDLZ stocks shares; and STATE STREET CORP, currently with $4.02 billion in MDLZ stock with ownership of nearly 0.603% of the company’s market capitalization.
Positions in Mondelez International Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 786 institutional holders increased their position in Mondelez International Inc. [NASDAQ:MDLZ] by around 53,462,838 shares. Additionally, 751 investors decreased positions by around 57,924,531 shares, while 311 investors held positions by with 933,780,785 shares. The mentioned changes placed institutional holdings at 1,045,168,154 shares, according to the latest SEC report filing. MDLZ stock had 100 new institutional investments in for a total of 8,285,658 shares, while 115 institutional investors sold positions of 6,464,291 shares during the same period.