The price of Mondelez International Inc. (NASDAQ:MDLZ) shares last traded on Wall Street rose 3.47% to $70.68.
MDLZ stock price is now 5.59% away from the 50-day moving average and 1.17% away from the 200-day moving average. The market capitalization of the company currently stands at $94.41B.
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With the price target reduced from $80 to $75, DA Davidson maintained Buy rating for Mondelez International Inc. (NASDAQ: MDLZ). On February 01, 2024, Citigroup recently initiated its ‘Buy’ rating on the stock quoting a target price of $87, while ‘Deutsche Bank’ 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 0.73, a current ratio of 0.68, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $113289183232, which is based on a 24.35 price-to-earnings ratio, a 3.55 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for MDLZ is $66.9386 and a two-hundred day moving average price translates $69.89995 for the stock.
The latest earnings results from Mondelez International Inc. (NASDAQ: MDLZ) was released for 2024-06-30. The net profit margin was 10.97% and return on equity was 14.01% for MDLZ. The company reported revenue of $8.34 billion for the quarter, compared to $8.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.93 percent.
