Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Mondelez International (NASDAQ:MDLZ) Stock Price

Mondelez International (NASDAQ:MDLZ) had its target price dropped by equities research analysts at Deutsche Bank Aktiengesellschaft from $60.00 to $54.00 in a report released on Monday,Benzinga reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 7.69% from the company’s previous close.

A number of other analysts have also commented on MDLZ. Zacks Research raised Mondelez International from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Wells Fargo & Company upped their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. TD Cowen dropped their price objective on Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Morgan Stanley upped their target price 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Mondelez International in a report on Friday, January 9th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.00.

Mondelez International Stock Up 0.4%

MDLZ stock traded up $0.23 during midday trading on Monday, reaching $58.50. 3,875,098 shares of the company’s stock traded hands, compared to its average volume of 11,192,231. The company has a market cap of $74.98 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.43 and a beta of 0.38. The firm’s fifty day moving average price is $58.67 and its 200-day moving average price is $58.22. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. Mondelez International has a 52 week low of $51.20 and a 52 week high of $71.15.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. As a group, sell-side analysts forecast that Mondelez International will post 2.9 earnings per share for the current fiscal year.

Insider Activity at Mondelez International

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at approximately $6,174,952. The trade was a 2.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is owned by insiders.

Institutional Trading of Mondelez International

Large investors have recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp purchased a new stake in shares of Mondelez International during the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new position in Mondelez International during the fourth quarter valued at $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Mondelez International in the third quarter worth $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Mondelez International in the fourth quarter valued at $28,000. Finally, Richardson Financial Services Inc. lifted its position in shares of Mondelez International by 141.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after buying an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Mondelez International Company Profile

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.