Headlines about Mondelez International (NASDAQ:MDLZ) have been trending positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mondelez International earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.6681231222165 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
Several equities research analysts recently issued reports on the stock. TheStreet upgraded shares of Mondelez International from a “c+” rating to a “b” rating in a research note on Thursday, December 21st. BidaskClub upgraded shares of Mondelez International from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 7th. Zacks Investment Research downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Wednesday. UBS Group restated a “buy” rating and set a $49.00 price objective on shares of Mondelez International in a research report on Friday, October 13th. Finally, Morgan Stanley cut their price objective on shares of Mondelez International from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Friday, October 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Mondelez International has an average rating of “Buy” and an average price target of $49.43.
Shares of Mondelez International (NASDAQ MDLZ) traded down $0.12 during mid-day trading on Thursday, reaching $42.51. 6,517,100 shares of the company’s stock traded hands, compared to its average volume of 7,704,806. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.51 and a quick ratio of 0.34. The firm has a market capitalization of $63,530.00, a P/E ratio of 29.52, a PEG ratio of 1.61 and a beta of 0.97. Mondelez International has a 1 year low of $39.19 and a 1 year high of $47.23.
Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The firm had revenue of $6.53 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same period last year, the business posted $0.52 earnings per share. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. research analysts forecast that Mondelez International will post 2.14 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Friday, December 29th will be given a $0.22 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.07%. Mondelez International’s payout ratio is 61.11%.
In other Mondelez International news, Director Lewis W. K. Booth purchased 1,500 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average cost of $41.29 per share, for a total transaction of $61,935.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 3.60% of the stock is currently owned by insiders.
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Mondelez International Company Profile
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
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