Mondelez International, Inc. (NASDAQ:MDLZ) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analyst sentiment is moderately bullish: Twenty-five brokerages give Mondelez a consensus “Moderate Buy” rating, with 14 buys, 10 holds and one strong buy. The average 12-month price target is $67.30 versus a recent price of $62.75.
• Mondelez exceeded quarterly expectations: The company reported adjusted earnings of $0.73 per share, beating estimates by $0.05, while revenue rose 4.1% year over year to $9.36 billion.
• The company offers a 3.2% dividend yield: Mondelez pays a quarterly dividend of $0.50 per share, or $2.00 annualized, with a payout ratio of 73.53%; institutional investors own 78.32% of the stock.

Shares of Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-five research firms that are currently covering the stock, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $67.30.

MDLZ has been the topic of several recent analyst reports. BTIG Research initiated coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a "buy" rating and a $70.00 target price on the stock. BNP Paribas Exane upped their target price on Mondelez International from $68.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Freedom Capital downgraded Mondelez International from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 26th. UBS Group lifted their price target on Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a report on Wednesday, April 29th. Finally, Bank of America boosted their price objective on Mondelez International from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, April 10th.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $62.75 on Friday. The company has a fifty day moving average price of $61.02 and a 200-day moving average price of $59.74. The firm has a market cap of $80.55 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.55 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. Mondelez International has a 1 year low of $51.20 and a 1 year high of $66.65.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.05. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. The company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same period last year, the firm earned $0.73 earnings per share. The firm's revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities research analysts predict that Mondelez International will post 3.05 EPS for the current fiscal year.

Mondelez International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Mondelez International's payout ratio is presently 73.53%.

Hedge Funds Weigh In On Mondelez International

Institutional investors have recently added to or reduced their stakes in the stock. OLD Republic International Corp grew its position in shares of Mondelez International by 156.6% in the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company's stock worth $22,291,000 after buying an additional 252,700 shares during the last quarter. Allstate Corp raised its holdings in shares of Mondelez International by 107.7% during the fourth quarter. Allstate Corp now owns 97,522 shares of the company's stock valued at $5,250,000 after acquiring an additional 50,562 shares in the last quarter. VCI Wealth Management LLC purchased a new stake in Mondelez International in the fourth quarter worth $970,000. BNP Paribas Financial Markets lifted its stake in Mondelez International by 41.0% in the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company's stock worth $215,677,000 after acquiring an additional 1,166,036 shares during the period. Finally, PKO Investment Management Joint Stock Co boosted its holdings in Mondelez International by 115.0% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company's stock valued at $5,440,000 after acquiring an additional 54,066 shares in the last quarter. Institutional investors own 78.32% of the company's stock.

About Mondelez International

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.

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