Mondelez International, Inc. (NASDAQ:MDLZ – Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 39,694,287 shares, an increase of 22.5% from the March 15th total of 32,400,332 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average trading volume of 11,629,106 shares, the short-interest ratio is currently 3.4 days.
Mondelez International Price Performance
NASDAQ:MDLZ traded up $0.18 during trading hours on Friday, reaching $57.25. The company had a trading volume of 8,239,918 shares, compared to its average volume of 9,060,576. The stock has a 50-day moving average of $58.46 and a two-hundred day moving average of $57.75. Mondelez International has a one year low of $51.20 and a one year high of $71.15. The firm has a market capitalization of $73.39 billion, a PE ratio of 30.45, a PEG ratio of 2.42 and a beta of 0.37. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67.
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.32 billion. During the same period last year, the business earned $0.65 earnings per share. The business’s revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Analysts forecast that Mondelez International will post 2.9 earnings per share for the current year.
Mondelez International Announces Dividend
Insider Activity at Mondelez International
In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This trade represents a 2.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.41% of the company’s stock.
Institutional Trading of Mondelez International
Several large investors have recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Mondelez International in the 3rd quarter worth approximately $27,000. J.Safra Asset Management Corp acquired a new stake in Mondelez International during the 4th quarter valued at $25,000. Advocate Investing Services LLC bought a new position in Mondelez International in the 4th quarter valued at $25,000. Richardson Financial Services Inc. boosted its stake in Mondelez International by 141.0% in the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new position in Mondelez International in the third quarter worth $32,000. 78.32% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts recently commented on MDLZ shares. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Piper Sandler increased their price objective on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. UBS Group reduced their price objective on shares of Mondelez International from $63.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Mizuho lowered their target price on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Mondelez International has a consensus rating of “Moderate Buy” and a consensus price target of $66.47.
Read Our Latest Analysis on Mondelez International
About Mondelez International
Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.
The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.
Further Reading
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