Mondelez International Inc. (NASDAQ:MDLZ)’s traded shares stood at 6.18 million during the last session, with the company’s beta value hitting 0.55. At the close of trading, the stock’s price was $69.23, to imply a decrease of -1.03% or -$0.72 in intraday trading. The MDLZ share’s 52-week high remains $77.20, putting it -11.51% down since that peak but still an impressive 7.29% since price per share fell to its 52-week low of $64.18. The company has a valuation of $92.48B, with an average of 5.4 million shares in intraday trading volume over the past 10 days and average of 5.80 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Mondelez International Inc. (MDLZ), translating to a mean rating of 1.41. Of 19 analyst(s) looking at the stock, 1 analyst(s) give MDLZ a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 17 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.85.
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Mondelez International Inc. (NASDAQ:MDLZ) trade information
After registering a -1.03% downside in the last session, Mondelez International Inc. (MDLZ) has traded red over the past five days. The 5-day price performance for the stock is -3.28%, and -6.85% over 30 days. With these gigs, the year-to-date price performance is -4.42%. Short interest in Mondelez International Inc. (NASDAQ:MDLZ) saw shorts transact 13.21 million shares and set a 2.16 days time to cover.
The extremes give us $66 and $84 for target low and target high price respectively. As such, MDLZ has been trading -21.33% off suggested target high and 4.67% from its likely low.
Mondelez International Inc. (MDLZ) estimates and forecasts
Looking at statistics comparing Mondelez International Inc. share performance against respective industry, we note that the company has underperformed competitors. Mondelez International Inc. (MDLZ) shares are -1.95% down over the last 6 months, with its year-to-date growth rate lower than industry average at 9.09% against 9.70%. Revenue is forecast to grow 3.70% this quarter before falling -2.40% for the next one. The rating firms project that company’s revenue will grow 1.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 17 analysts is 9.1B. Meanwhile, for the current quarter, a total of 17 analyst(s) estimate revenue growth to 9.77B.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 9.73% for the past 5-year period. While 2024 is set for a 5.25% return in earnings, projections for the next 5 years are at 6.30% annually.
MDLZ Dividends
Mondelez International Inc. has its next earnings report out on 2024-Oct-29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Mondelez International Inc. has a forward dividend ratio of 1.75, with the share yield ticking at 2.52% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.17%.
Mondelez International Inc. (NASDAQ:MDLZ)’s Major holders
Mondelez International Inc. insiders hold 0.18% of total outstanding shares, with institutional holders owning 83.68% of the shares at 83.82% float percentage. In total, 83.68% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 130.77 million shares (or 9.7012% of shares), all amounting to roughly $8.56 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 96.77 million shares, or about 7.1789% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.33 billion.
