Stocks of Mondelez International Inc. (NASDAQ:MDLZ) traded higher last session on Wall Street, down -0.62% to $70.22.
MDLZ stock price is now 0.37% away from the 50-day moving average and -0.56% away from the 200-day moving average. The market capitalization of the company currently stands at $94.19B.
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With the price target of $87, Citigroup recently initiated with Buy rating for Mondelez International Inc. (NASDAQ: MDLZ). On January 18, 2024, Deutsche Bank reiterated its ‘Buy’ rating on the stock by increasing its target price from $78 to quote $80, while ‘DA Davidson’ rates the stock as ‘Buy’
A total of 0.34% of the company’s stock is owned by insiders.
During the past 12 months, Mondelez International Inc. has had a low of $60.75 and a high of $77.21. As of last week, the company has a debt-to-equity ratio of 0.69, a current ratio of 0.77, and a quick ratio of 0.63. According to the stock market information, the enterprise value for the company is $112414228480, which is based on a 22.32 price-to-earnings ratio, a 2.90 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for MDLZ is $69.9578 and a two-hundred day moving average price translates $70.6166 for the stock.
The latest earnings results from Mondelez International Inc. (NASDAQ: MDLZ) was released for 2024-03-31. The net profit margin was 11.87% and return on equity was 15.13% for MDLZ. The company reported revenue of $9.29 billion for the quarter, compared to $9.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.35 percent.
