Analysts Set Mondelez International, Inc. (NASDAQ:MDLZ) Target Price at $81.37

Mondelez International, Inc. (NASDAQ:MDLZ) has earned a consensus recommendation of “Buy” from the fourteen research firms that are presently covering the firm, MarketBeat.com reports. Fourteen investment analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $81.21.

Several analysts have weighed in on MDLZ shares. Barclays boosted their target price on shares of Mondelez International from $79.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, January 16th. Stifel Nicolaus increased their target price on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Citigroup lowered their price target on Mondelez International from $87.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday. StockNews.com cut shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th.

Mondelez International Stock Performance

Shares of MDLZ opened at $66.78 on Tuesday. Mondelez International has a 1 year low of $60.75 and a 1 year high of $78.59. The company has a market capitalization of $90.88 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.30 and a beta of 0.56. The company’s 50 day simple moving average is $71.60 and its 200 day simple moving average is $70.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.43 and a current ratio of 0.62.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The company had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same period last year, the business posted $0.73 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, sell-side analysts predict that Mondelez International will post 3.52 EPS for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio is currently 46.83%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Tyler Stone Wealth Management acquired a new position in shares of Mondelez International during the 2nd quarter worth approximately $25,000. Bogart Wealth LLC boosted its holdings in shares of Mondelez International by 63.9% during the 4th quarter. Bogart Wealth LLC now owns 359 shares of the company’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. Ables Iannone Moore & Associates Inc. acquired a new position in Mondelez International in the 4th quarter worth about $26,000. Retirement Group LLC acquired a new stake in Mondelez International during the 4th quarter worth approximately $25,000. Finally, Quarry LP raised its stake in shares of Mondelez International by 59.4% during the fourth quarter. Quarry LP now owns 381 shares of the company’s stock valued at $28,000 after acquiring an additional 142 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Company Profile

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.