Mondelez International Inc.: Why Investors Shouldn’t Get Rid Of MDLZ Stock In 2024

In the last trading session, 10.42 million shares of the Mondelez International Inc. (NASDAQ:MDLZ) were traded, and its beta was 0.57. Most recently the company’s share price was $69.41, and it changed around $1.3 or 1.91% from the last close, which brings the market valuation of the company to $93.46B. MDLZ currently trades at a discount to its 52-week high of $78.59, offering almost -13.23% off that amount. The share price’s 52-week low was $60.75, which indicates that the current value has risen by an impressive 12.48% since then. We note from Mondelez International Inc.’s average daily trading volume that its 3-month average coming to 8.12 million.

Mondelez International Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.37. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 4 recommended MDLZ as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. Mondelez International Inc. is expected to report earnings per share of $MDLV for the current quarter.

Mondelez International Inc. (NASDAQ:MDLZ) trade information

Instantly MDLZ has showed a green trend with a performance of 1.91% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -4.17% year-to-date, but still up 5.37% over the last five days. On the other hand, Mondelez International Inc. (NASDAQ:MDLZ) is -3.88% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $73.88, which translates to bulls needing to increase their stock price by 6.05% from its current value. Analyst projections state that MDLZ is forecast to be at a low of $66 and a high of $83.

Mondelez International Inc. (MDLZ) estimates and forecasts

Mondelez International Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 8.10 percent over the past six months and at a 10.34% annual growth rate that is well above the industry average of 7.80%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.73%. Mondelez International Inc. earnings are expected to increase by 6.10% in 2024, but the outlook is positive 8.29% per year for the next five years.

MDLZ Dividends

Mondelez International Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.39 percent and its annual dividend per share was 1.66. It is important to note, however, that the 2.39% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.