Media headlines about Mondelez International (NASDAQ:MDLZ) have been trending positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mondelez International earned a news impact score of 0.26 on Accern’s scale. Accern also assigned news stories 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 stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Mondelez International (NASDAQ:MDLZ) opened at $45.50 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.48 and a debt-to-equity ratio of 0.50. The stock has a market cap of $68,547.57, a PE ratio of 23.82, a price-to-earnings-growth ratio of 1.66 and a beta of 0.92. Mondelez International has a twelve month low of $39.19 and a twelve month high of $47.23.
Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings data on Wednesday, January 31st. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.01. Mondelez International had a net margin of 11.28% and a return on equity of 12.72%. The firm had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.98 billion. During the same period in the previous year, the company earned $0.47 earnings per share. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. sell-side analysts predict that Mondelez International will post 2.44 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Friday, December 29th were issued a dividend of $0.22 per share. The ex-dividend date was Thursday, December 28th. This represents a $0.88 annualized dividend and a dividend yield of 1.93%. Mondelez International’s payout ratio is 46.07%.
Mondelez International announced that its Board of Directors has approved a share buyback plan on Wednesday, January 31st that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
Several research analysts have commented on MDLZ shares. Morgan Stanley decreased their target price on shares of Mondelez International from $50.00 to $48.00 and set an “overweight” rating on the stock in a research report on Friday, October 13th. UBS Group reiterated a “buy” rating and issued a $49.00 target price on shares of Mondelez International in a research report on Friday, October 13th. Zacks Investment Research cut shares of Mondelez International from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Susquehanna Bancshares set a $45.00 price objective on shares of Mondelez International and gave the company a “hold” rating in a research report on Monday, October 30th. Finally, Buckingham Research decreased their price objective on shares of Mondelez International from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $50.65.
In other Mondelez International news, Director Lewis W. K. Booth bought 1,500 shares of Mondelez International stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of $41.29 per share, with a total value of $61,935.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.60% of the stock is currently owned by corporate 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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