Mondelez International Inc. (NASDAQ:MDLZ) traded at $71.08 at last check on Monday, April 29, made an upward move of 0.67% on its previous day’s price.
Looking at the stock we see that its previous close was $70.61. The company has a trailing 12-month PE ratio of 19.64. In terms of its 52-week price range, MDLZ has a high of $78.59 and a low of $60.75. The company’s stock has gained about 1.54% over that past 30 days.
Mondelez International Inc. has a market cap of $95.71 billion. With its Forward Dividend at 1.66 and a yield of 2.34%, the company’s investors could be anxious for the MDLZ stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.89, with the EPS growth for the year raised at $3.51 for 2024 and $3.8 for next year. These figures represent 10.00% and 8.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $9.16 billion, with a low of $9 billion and a high of $9.34 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $37.08 billion, or 2.90% up from figures reported last year.
On the other hand, looking at the outlook for the MDLZ stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the MDLZ stock currently stands at 2.37, and the most recent price level today is 4.12% off its SMA20 and 0.84% from its 50-day simple moving average. The RSI (14) is pointing at 60.77 while the volatility over the past week is 1.79% and jumps to 1.50% over the past one month. The beta value is 0.56, while the average true range (ATR) is currently pointing at 1.05.
Coming back to Mondelez International Inc. (NASDAQ:MDLZ), we note that the average 3-month trading volume was 8.57 million. Current shares outstanding are 1.35 billion.
The insiders hold 0.18% of the company’s shares while institutions hold 80.62%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -1.86% down in year-to-date price movement.
