Zacks Research Brokers Decrease Earnings Estimates for MDLZ

Mondelez International, Inc. (NASDAQ:MDLZ) – Equities research analysts at Zacks Research dropped their Q4 2024 earnings per share estimates for Mondelez International in a research report issued on Tuesday, November 19th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.68 per share for the quarter, down from their prior forecast 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.

A number of other research analysts also recently issued reports on the company. Wells Fargo & Company dropped their price objective on Mondelez International from $82.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. JPMorgan Chase & Co. boosted their price target on Mondelez International from $72.00 to $73.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. DA Davidson reduced their price objective on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, The Goldman Sachs Group began coverage on shares of Mondelez International in a research note on Monday, August 12th. They set a “buy” rating and a $80.00 target price on the stock. One investment analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $80.31.

Mondelez International Price Performance

MDLZ stock opened at $64.42 on Thursday. The company has a quick ratio of 0.42, a current ratio of 0.63 and a debt-to-equity ratio of 0.59. The firm has a market cap of $86.14 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.88 and a beta of 0.55. The company’s fifty day simple moving average is $70.45 and its 200 day simple moving average is $69.42. Mondelez International has a 12-month low of $63.40 and a 12-month high of $77.20.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The firm had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.11 billion. During the same quarter in the previous year, the company earned $0.82 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis.

Institutional Trading of Mondelez International

Several institutional investors and hedge funds have recently modified their holdings of MDLZ. Axiom Advisory LLC lifted its stake in Mondelez International by 1.6% during the 3rd quarter. Axiom Advisory LLC now owns 9,152 shares of the company’s stock valued at $643,000 after acquiring an additional 143 shares in the last quarter. Cadence Bank boosted its holdings in Mondelez International by 1.3% during the first quarter. Cadence Bank now owns 11,489 shares of the company’s stock worth $804,000 after purchasing an additional 148 shares during the last quarter. Sachetta LLC grew its position in Mondelez International by 14.0% in the 2nd quarter. Sachetta LLC now owns 1,215 shares of the company’s stock worth $81,000 after purchasing an additional 149 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in Mondelez International by 16.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,058 shares of the company’s stock valued at $78,000 after buying an additional 150 shares during the last quarter. Finally, Carnegie Investment Counsel lifted its position in shares of Mondelez International by 1.4% during the 3rd quarter. Carnegie Investment Counsel now owns 11,007 shares of the company’s stock worth $811,000 after buying an additional 151 shares in the last quarter. 78.32% of the stock is owned by hedge funds and other 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.