Shares in Mondelez, which also owns the Oreo cookie brand, fell 0.65% to US$43.06 in USA pre-market trading. However, the company's most recent quarter increase of 1.6% looks unattractive. It expects to incur incremental one-time costs in both second and third quarters as a result of this issue, but underlying margin progress continues to be in line with outlook of mid-16 percent for the full-year. Mondelez International, Inc. has a 12 month low of $40.50 and a 12 month high of $47.23. EPS long term mean growth rate estimated by 5 analysts is at 10.33%, whereas, the high and low Long term growth rate estimated at 12.19 and 8.9.
Mondelez International, Inc. (NASDAQ:MDLZ) Confectioners shows a Dividend Yield of 1.76% with a Payout Ratio of 64.20%. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 10.11%, annually. The stock of Mondelez International Inc (NASDAQ:MDLZ) has "Outperform" rating given on Thursday, August 6 by Credit Agricole.
A number of analysts have recently issued reports on the stock. Adirondack Trust Co. raised its position in Mondelez International by 2.0% in the first quarter. Piper Jaffray Companies assumed coverage on Mondelez International in a report on Wednesday, May 24th. Deutsche Bank AG upgraded shares of Mondelez International from a "hold" rating to a "buy" rating and boosted their target price for the stock from $49.00 to $51.00 in a research report on Wednesday, May 3rd.
Analysts await Mondelez International Inc (NASDAQ:MDLZ) to report earnings on July, 26.
"TRADEMARK VIOLATION WARNING: "[[title]]" was originally published by [[site]] and is the sole property of of [[site]]. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & global copyright laws. The stock plummeted -8.09 percent over the past month and fell -2.55 percent year-to-date. $77.42M worth of Mondelez International Inc (NASDAQ:MDLZ) shares were sold by PELTZ NELSON. Hilltop Holding accumulated 6,033 shares or 0.08% of the stock. The brokerage now has a $51.00 price objective on the stock. Mondelez International, Inc. The company has a 50-day moving average of $45.61 and a 200 day moving average of $44.68.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 13th. Moreover, Foundry Partners Llc has 0.19% invested in the company for 214,700 shares.
Since February 16, 2017, it had 0 insider purchases, and 2 sales for $1.73 million activity. At present, the Gross Margin for Mondelez International, Inc. BidaskClub lowered shares of Mondelez International from a "hold" rating to a "sell" rating in a research report on Tuesday, June 13th. The shares were sold at an average price of $44.87, for a total transaction of $269,220.00.
The short ratio in the company's stock is documented at 2.16 and the short float is around of 1.05%. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Trian Fund Management, L.P. sold 1,731,410 shares of the company's stock in a transaction on Tuesday, May 9th. The stock was unloaded at a price range of of $44.71, amounting to $77,411,341.10. The disclosure for this sale can be found here. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. About 3.01M shares traded. "Given the timing of this important worldwide attack, despite our best efforts, we experienced disruption in our ability to ship and invoice during the last four days of our second quarter", Mondelez said.
State Board of Administration of Florida Retirement System decreased its stake in Mondelez International Inc (NASDAQ:MDLZ) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Parametric Portfolio Associates LLC raised its position in Mondelez International by 3.9% in the first quarter. The return on assets ratio shows how well management is employing the company's total assets to make a profit. It operates through commercial banking segment with over four principal services, including Banking Services (CCB), Data Processing Services (Capital City Services Company), Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments, Inc.). Moloney Securities Asset Management LLC raised its position in Mondelez International by 1.0% in the first quarter. (MDLZ) said a cyber-attack in late June will impact its revenue for the second quarter. Mondelez International Inc. now has $65.21 billion valuation.