Research Analysts Issue Forecasts for MONDELEZ INTERNATIONAL INC Common Stock’s Q3 2018 Earnings (MDLZ)

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) – Investment analysts at Piper Jaffray Companies increased their Q3 2018 earnings per share (EPS) estimates for MONDELEZ INTERNATIONAL INC Common Stock in a research note issued on Tuesday, July 17th. Piper Jaffray Companies analyst M. Lavery now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous forecast of $0.54. Piper Jaffray Companies also issued estimates for MONDELEZ INTERNATIONAL INC Common Stock’s FY2018 earnings at $2.42 EPS, Q1 2019 earnings at $0.65 EPS and Q3 2019 earnings at $0.66 EPS.

A number of other analysts have also commented on the stock. Credit Suisse Group set a $48.00 price target on shares of MONDELEZ INTERNATIONAL INC Common Stock and gave the stock a “buy” rating in a research note on Monday, April 16th. Zacks Investment Research lowered shares of MONDELEZ INTERNATIONAL INC Common Stock from a “hold” rating to a “sell” rating in a research note on Wednesday, April 4th. Consumer Edge lowered shares of MONDELEZ INTERNATIONAL INC Common Stock from an “outperform” rating to a “neutral” rating in a research note on Monday, May 21st. ValuEngine lowered shares of MONDELEZ INTERNATIONAL INC Common Stock from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Finally, Stifel Nicolaus reduced their price target on shares of MONDELEZ INTERNATIONAL INC Common Stock from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Wednesday, May 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $49.47.

Shares of MDLZ stock opened at $42.13 on Thursday. MONDELEZ INTERNATIONAL INC Common Stock has a 52 week low of $37.42 and a 52 week high of $46.54. The company has a market capitalization of $63.18 billion, a PE ratio of 19.69, a P/E/G ratio of 1.51 and a beta of 0.88. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.50 and a quick ratio of 0.34.

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ) last issued its earnings results on Tuesday, May 1st. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. The business had revenue of $6.77 billion during the quarter, compared to analysts’ expectations of $6.65 billion. MONDELEZ INTERNATIONAL INC Common Stock had a net margin of 12.31% and a return on equity of 13.04%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.53 earnings per share.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Banco de Sabadell S.A purchased a new position in MONDELEZ INTERNATIONAL INC Common Stock during the fourth quarter valued at approximately $148,000. Private Capital Group LLC lifted its holdings in MONDELEZ INTERNATIONAL INC Common Stock by 483.0% during the first quarter. Private Capital Group LLC now owns 3,667 shares of the company’s stock valued at $154,000 after purchasing an additional 3,038 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in MONDELEZ INTERNATIONAL INC Common Stock during the first quarter valued at approximately $167,000. SevenBridge Financial Group LLC lifted its holdings in MONDELEZ INTERNATIONAL INC Common Stock by 51.8% during the fourth quarter. SevenBridge Financial Group LLC now owns 4,763 shares of the company’s stock valued at $204,000 after purchasing an additional 1,625 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new position in MONDELEZ INTERNATIONAL INC Common Stock during the first quarter valued at approximately $220,000. Institutional investors own 76.02% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 13th. Investors of record on Friday, June 29th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, June 28th. This represents a $0.88 annualized dividend and a yield of 2.09%. MONDELEZ INTERNATIONAL INC Common Stock’s dividend payout ratio (DPR) is 41.12%.

MONDELEZ INTERNATIONAL INC Common Stock Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

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Earnings History and Estimates for MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ:MDLZ)

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