Shares of Mondelez International, Inc. (NASDAQ:MDLZ) jumped 1.24% of the stock market on 01-28-2k19 (Thursday) to reach at $57.12 during previous trading session. The company has experienced volume of 7,522,720 shares while on average the company has a capacity of trading 6.18M share. Total volume is the number of shares or deals that point towards the overall activity of a security or market for a given period.
Mondelez’s (MDLZ) 4Q earnings of $0.67 compared favorably to analysts’ expectations of $0.66. Quarterly profit rose by 9.8% year-over-year, driven by higher operating margins, favorable income taxes, and an increase in equity investment earnings.
The company’s 4Q revenues of $7.3 billion increased 5.6% year-over-year and came above analysts’ forecasts of $7.16 billion. Organic sales grew 3.2% in the quarter, driven by volume and pricing, partially offset by unfavorable mix.
As for 2021, Mondelez expects organic revenue growth of over 3% and adjusted earnings growth in high single-digits on a constant currency basis, which is in-line with the company’s long-term growth targets. The company said that the currency translation would favorably impact 2021 net revenue growth by approximately 3% and adjusted earnings by $0.10 per share
Following the 4Q results, Jefferies analyst Robert Dickerson maintained a Buy rating and a price target of $66 (15.6% upside potential) on the stock. In a note to investors, the analyst said, “We saw no red flags and we continue to support the shares.”
Dickerson added that “In our view, MDLZ just needs to show the market that its end-market growth and share gains globally and strong cash position can in fact lead to better-than-algo growth driven by accretive cash allocation over the long haul.”
Overall, the Street has a firmly bullish outlook with a Strong Buy consensus rating based on 7 unanimous Buys. The average analyst price target of $65.43 implies upside potential of about 14.6% to current levels. Shares have gained 6.8% over the past year.
Mondelez International, Inc. (NASDAQ:MDLZ) holds the market capitalization of $81.50B along with 1.43B outstanding shares. During the last trade, stock’s minimum price has been reached out at $41.19 while the maximum trading price moved at $60.00.
Earnings-per-Share (EPS) is the portion of a Mondelez International, Inc. profit that is allocated to each outstanding share of its common stock. It is calculated by taking the difference between a company’s net income and dividends paid for preferred stock and then dividing that figure by the average number of shares outstanding.
The EPS of MDLZ was strolling at 2.17, measuring its EPS growth this year at 16.20%. As a result, the company has an EPS growth of 9.11% for the coming year.
Presently the stock price is moving 38.67% off from the highest level of twelve months and -4.80% above from twelve months low.
Mondelez International, Inc. (NASDAQ:MDLZ) marked 52-week highest price level of $60.00 on Apr 25, 2021 and 52-week lowest price level of $41.19 on Apr 29, 2021.
As of current trade, Mondelez International, Inc. (NASDAQ:MDLZ) has shown weekly upbeat performance of 1.78%. Its six months performance indicated a bullish 0.58% movement while its yearly performance reflected a positive trend of 4.69%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -2.31%.
Shares of Mondelez International, Inc. (NASDAQ:MDLZ) currently have an ABR of 1.18, derived from a total of 14 opinions. The company’s price sits -0.95% below from its 50-day moving average of $57.47 and 3.66% above from the stock’s 200-day moving average of $56.78. The company has Relative Strength Index (RSI 14) of 48.64 along with Average True Range (ATR 14) of 0.98. Its weekly and monthly volatility is 2.12%, 1.73% respectively. The company’s beta value is at 0.62.
Mondelez International, Inc. currently has a PEG ratio of 4.00 where as its P/E ratio is 26.37. The company’s price to sales ratio for trailing twelve months is 3.11 and price to book ratio for most recent quarter is 3.04, whereas price to cash per share for the most recent quarter is 29.54.
Mondelez International, Inc. (NASDAQ:MDLZ)’s price to free cash flow for trailing twelve months is 43.10. Its quick ratio for most recent quarter is 0.50 along with current ratio for most recent quarter of 0.70.
Total debt to equity ratio of the company for most recent quarter is 0.75 whereas long term debt to equity ratio for most recent quarter is 0.70.
Mondelez International, Inc. (NASDAQ:MDLZ) has a Return on Assets of 4.80%. The company currently has a Return on Equity of 11.80% and Return on Investment of 8.40%.