Zacks Research Has Bearish Forecast for MDLZ Q4 Earnings

Mondelez International, Inc. (NASDAQ:MDLZ) – Research analysts at Zacks Research lowered their Q4 2024 EPS estimates for Mondelez International in a report released on Tuesday, November 19th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.68 per share for the quarter, down from their previous estimate of $0.84. The consensus estimate for Mondelez International’s current full-year earnings is $3.48 per share. Zacks Research also issued estimates for Mondelez International’s Q1 2025 earnings at $0.83 EPS, FY2025 earnings at $3.43 EPS, Q1 2026 earnings at $0.99 EPS and FY2026 earnings at $3.83 EPS.

Other equities analysts have also issued research reports about the stock. Citigroup cut their target price on shares of Mondelez International from $80.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of Mondelez International from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Evercore ISI boosted their target price on shares of Mondelez International from $79.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Bank of America increased their target price on Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Finally, Stifel Nicolaus lifted their price target on Mondelez International from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, October 25th. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.31.

Mondelez International Stock Up 0.9 %

Shares of NASDAQ MDLZ opened at $64.42 on Thursday. The business’s fifty day moving average price is $70.45 and its 200-day moving average price is $69.42. Mondelez International has a one year low of $63.40 and a one year high of $77.20. The stock has a market capitalization of $86.14 billion, a PE ratio of 22.84, a P/E/G ratio of 2.88 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.14. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The business had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.11 billion. During the same period in the prior year, the company earned $0.82 earnings per share. Mondelez International’s revenue was up 1.9% compared to the same quarter last year.

Institutional Trading of Mondelez International

Several institutional investors and hedge funds have recently made changes to their positions in MDLZ. Truvestments Capital LLC purchased a new position in Mondelez International in the third quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Mondelez International in the 2nd quarter worth about $26,000. Lynx Investment Advisory purchased a new position in shares of Mondelez International in the 2nd quarter worth about $27,000. Prospera Private Wealth LLC bought a new position in shares of Mondelez International during the 3rd quarter valued at about $27,000. Finally, Richardson Financial Services Inc. lifted its position in Mondelez International by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 400 shares of the company’s stock worth $28,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.