Mondelez International (NASDAQ:MDLZ – Get Free Report) had its price objective dropped by analysts at UBS Group from $63.00 to $62.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 7.62% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Morgan Stanley raised their price objective on shares of Mondelez International from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Wells Fargo & Company raised their price objective on shares of Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Mizuho decreased their price objective on shares of Mondelez International from $70.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Finally, Argus raised shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $66.11.
Get Our Latest Analysis on Mondelez International
Mondelez International Price Performance
Mondelez International (NASDAQ:MDLZ – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. The firm’s quarterly 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. On average, equities research analysts expect that Mondelez International will post 2.9 EPS for the current year.
Insider Buying and Selling
In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were 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 directly owned 99,596 shares of the company’s stock, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by corporate insiders.
Institutional Trading of Mondelez International
Several large investors have recently added to or reduced their stakes in the business. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Mondelez International in the third quarter worth about $27,000. J.Safra Asset Management Corp acquired a new stake in shares of Mondelez International in the fourth quarter worth about $25,000. Advocate Investing Services LLC acquired a new stake in shares of Mondelez International in the fourth quarter worth about $25,000. Richardson Financial Services Inc. lifted its position in shares of 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 buying an additional 282 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Mondelez International in the third quarter worth about $32,000. 78.32% of the stock is owned by institutional investors.
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.
Featured Stories
Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.
