Mondelez International Inc. (NASDAQ: MDLZ)’s stock price has dropped by -0.27 in relation to previous closing price of 70.80. Nevertheless, the company has seen a gain of 3.67% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-25 that Besides Wall Street’s top -and-bottom-line estimates for Mondelez (MDLZ), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
Is It Worth Investing in Mondelez International Inc. (NASDAQ: MDLZ) Right Now?
Mondelez International Inc. (NASDAQ: MDLZ) has a price-to-earnings ratio of 19.51x that is above its average ratio. Additionally, the 36-month beta value for MDLZ is 0.56. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for MDLZ is 1.34B and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of MDLZ on April 29, 2024 was 8.61M shares.
MDLZ’s Market Performance
The stock of Mondelez International Inc. (MDLZ) has seen a 3.67% increase in the past week, with a 0.73% rise in the past month, and a -6.03% fall in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are at 1.50% for MDLZ.. The simple moving average for the past 20 days is 3.48% for MDLZ’s stock, with a -0.34% simple moving average for the past 200 days.
Analysts’ Opinion of MDLZ
Many brokerage firms have already submitted their reports for MDLZ stocks, with Citigroup repeating the rating for MDLZ by listing it as a “Buy.” The predicted price for MDLZ in the upcoming period, according to Citigroup is $87 based on the research report published on February 01, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see MDLZ reach a price target of $80, previously predicting the price at $78. The rating they have provided for MDLZ stocks is “Buy” according to the report published on January 18th, 2024.
DA Davidson gave a rating of “Buy” to MDLZ, setting the target price at $83 in the report published on December 08th of the previous year.
MDLZ Trading at 0.15% from the 50-Day Moving Average
After a stumble in the market that brought MDLZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.15% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.12% lower at present.
During the last 5 trading sessions, MDLZ rose by +3.67%, which changed the moving average for the period of 200-days by -1.11% in comparison to the 20-day moving average, which settled at $68.27. In addition, Mondelez International Inc. saw -2.51% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MDLZ
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.38 for the gross margin
The net margin for Mondelez International Inc. stands at 0.12. The total capital return value is set at 0.11. Equity return is now at value 17.96, with 6.96 for asset returns.
Based on Mondelez International Inc. (MDLZ), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 12.98.
Currently, EBITDA for the company is 7.15 billion with net debt to EBITDA at 2.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.14. The receivables turnover for the company is 7.98for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In conclusion, Mondelez International Inc. (MDLZ) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
