Mondelez International (NASDAQ:MDLZ) Trading Down 0.5%

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) shares were down 0.5% during trading on Tuesday . The company traded as low as $71.39 and last traded at $71.43. Approximately 816,263 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 7,744,632 shares. The stock had previously closed at $71.76.

Analyst Ratings Changes

MDLZ has been the topic of a number of research analyst reports. Barclays lowered their target price on Mondelez International from $84.00 to $80.00 and set an "overweight" rating on the stock in a report on Friday, April 12th. JPMorgan Chase & Co. cut their target price on Mondelez International from $82.00 to $76.00 and set an "overweight" rating on the stock in a research report on Friday, April 12th. StockNews.com lowered Mondelez International from a "buy" rating to a "hold" rating in a research report on Friday, February 2nd. Citigroup cut their price objective on Mondelez International from $87.00 to $84.00 and set a "buy" rating on the stock in a report on Thursday, April 11th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Mondelez International from $78.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, January 18th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $80.75.

Mondelez International Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50 day simple moving average of $69.97 and a 200 day simple moving average of $71.26. The stock has a market cap of $96.48 billion, a PE ratio of 22.80, a P/E/G ratio of 2.52 and a beta of 0.55.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.16 billion. Mondelez International had a return on equity of 16.11% and a net margin of 11.87%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.89 EPS. On average, equities research analysts forecast that Mondelez International, Inc. will post 3.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Mondelez International

Several hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC boosted its holdings in shares of Mondelez International by 63.9% during the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company's stock worth $26,000 after buying an additional 140 shares during the period. Ables Iannone Moore & Associates Inc. bought a new stake in Mondelez International during the fourth quarter valued at about $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Mondelez International in the third quarter valued at about $29,000. HHM Wealth Advisors LLC bought a new position in shares of Mondelez International in the fourth quarter worth about $29,000. Finally, Transcendent Capital Group LLC acquired a new position in shares of Mondelez International during the 4th quarter worth about $34,000. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.