Mondelez International Inc. [MDLZ] Revenue clocked in at $36.02 billion, down -3.69% YTD: What’s Next?

GBS Stock

Mondelez International Inc. [NASDAQ: MDLZ] price plunged by -0.34 percent to reach at -$0.24. The company report on March 26, 2024 at 1:32 PM that SOUR PATCH KIDS® Brand Seeks HBCU Students Who Inspire Transformative Change to Apply for its Fourth Annual Mischief for Change Scholarship.

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The one-year MDLZ stock forecast points to a potential upside of 16.46. The average equity rating for MDLZ stock is currently 1.37, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $83.50 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 1.37. 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 February 01, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $78 to $80. The new note on the price target was released on January 18, 2024, representing the official price target for Mondelez International Inc. stock. Previously, the target price had yet another raise to $83, while DA Davidson analysts kept a Buy 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 2.61. The Price to Book ratio for the last quarter was 3.32, with the Price to Cash per share for the same quarter was set at 1.40. Price to Free Cash Flow for MDLZ in the course of the last twelve months was 26.08 with Quick ratio for the last quarter at 0.43.

MDLZ Stock Performance Analysis:

Mondelez International Inc. [MDLZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.65. With this latest performance, MDLZ shares dropped by -4.53% in over the last four-week period, additionally plugging by 0.53% over the last 6 months – not to mention a drop of -0.87% 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 36.33, with the RSI for the last a single of trading hit 31.96, and the three-weeks RSI is set at 39.50 for Mondelez International Inc. [MDLZ]. The present Moving Average for the last 50 days of trading for this stock 72.87, while it was recorded at 70.15 for the last single week of trading, and 71.29 for the last 200 days.

Insight into Mondelez International Inc. Fundamentals:

Mondelez International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.43 and a Current Ratio set at 0.62.

MDLZ Stock EPS

With the latest financial reports released by the company, Mondelez International Inc. posted 0.89/share EPS, while the average EPS was predicted by analysts to be reported at 0.8/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.20%. 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 8.43%.

Mondelez International Inc. [MDLZ] Institutonal Ownership Details

The top three institutional holders of MDLZ stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in MDLZ stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in MDLZ stock with ownership which is approximately 5.8386%.