In yesterday’s Wall Street session, Mondelez International Inc. (NASDAQ:MDLZ) shares traded at $66.98, up 0.96% from the previous session.
MDLZ stock price is now -2.59% away from the 50-day moving average and -4.28% away from the 200-day moving average. The market capitalization of the company currently stands at $89.84B.
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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 0.35% 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 $77.20. 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 $108068225024, which is based on a 21.29 price-to-earnings ratio, a 2.99 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for MDLZ is $68.6864 and a two-hundred day moving average price translates $69.9505 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.
