Mondelez International, Inc. (NASDAQ:MDLZ) Stock Has Average Target Price of $67.05 According to Analysts

Shares of Mondelez International, Inc. (NASDAQ:MDLZ) have been given an average recommendation of “Moderate Buy” by the twenty-four brokerages that are currently covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $67.05.

Several equities research analysts have recently weighed in on MDLZ shares. TD Cowen increased their price objective on shares of Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Barclays increased their price target on Mondelez International from $68.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $73.00 price objective on shares of Mondelez International in a research note on Wednesday, July 29th.

Insider Transactions at Mondelez International

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. This represents a 9.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.45% of the company’s stock.

Institutional Trading of Mondelez International

Several hedge funds have recently modified their holdings of MDLZ. MV Capital Management Inc. acquired a new stake in Mondelez International in the fourth quarter worth $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Mondelez International during the fourth quarter valued at about $33,000. Ballast Advisors LLC acquired a new position in shares of Mondelez International during the first quarter valued at about $34,000. C M Bidwell & Associates Ltd. bought a new position in shares of Mondelez International during the 2nd quarter worth about $35,000. Finally, Whipplewood Advisors LLC grew its stake in shares of Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock valued at $37,000 after buying an additional 169 shares during the period. Institutional investors own 78.32% of the company’s stock.

Mondelez International Stock Performance

NASDAQ MDLZ opened at $57.82 on Friday. The company has a market capitalization of $73.80 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.39. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. Mondelez International has a twelve month low of $51.20 and a twelve month high of $66.65. The stock has a fifty day simple moving average of $62.03 and a 200 day simple moving average of $60.52.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.05. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The firm had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The business’s revenue was up 4.1% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts expect that Mondelez International will post 3.05 EPS for the current year.

Mondelez International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a $0.52 dividend. The ex-dividend date is Wednesday, September 30th. This is an increase from Mondelez International’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 3.6%. Mondelez International’s dividend payout ratio is presently 73.53%.

About Mondelez International

Mondelez International, Inc is a global food and beverage company focused primarily on snacks. Its portfolio includes biscuits, cookies, crackers, chocolate, baked snacks, gum and candy. Well-known brands include Oreo, Ritz, Chips Ahoy!, belVita, LU, Cadbury, Milka, Toblerone, Sour Patch Kids and Trident.

The company sells its products in countries around the world through grocery stores, convenience outlets, e-commerce channels and other retail and food-service locations. Its operations are organized around major geographic markets, including North America, Latin America, Europe and emerging markets across Asia, the Middle East and Africa.

Mondelez was created in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.