Mondelez International, Inc. (NASDAQ:MDLZ) registered a -0.92% decrease, still its new closing price is 25.31% up from the company’s 1 year high of 46.20.It posted -2.21% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 21 stock analysts following this company have an average price target at $49.77, with individual PT in the $45.00-$58.00 range. The shares moved at $44.20, implying that brokerage firms see shares gaining about 8.21% in twelve months time.
Mondelez International, Inc. (MDLZ) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -0.29% fall year to date. A Director at Mondelez International, Inc. (MDLZ) acquired shares in a transaction closed on Friday November 11, 2016. BOOTH LEWIS W K bought 2,500 shares in the company at $41.61 each and collected $104,000 in proceeds. BOOTH LEWIS W K now owns 34,343 shares in the company after this transaction. A Director in the company, TRIAN FUND MANAGEMENT, L.P., disclosed a transaction on Thursday November 03, 2016 that ended up generating $167,542,000 from the sale of 3,800,000 shares at $44.09 per share.
Mondelez International, Inc. (NASDAQ:MDLZ) Upcoming Results on Tap
Mondelez International, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.49 in that period. Sales during the quarter are predicted to arrive at $6.44 billion.
Earnings surprise history: Last quarter, the company posted approximately $6.4 billion in revenue and EPS of $0.52. The mean forecast was for $6.45 billion and $0.43 a share, respectively. One quarter earlier, revenue for the stock was at $6.3 billion, with earnings at $0.44/share.
Mondelez International, Inc. (MDLZ) Brokerage Update
Mondelez International, Inc. (MDLZ) is in Societe Generale’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Societe Generale, according to news reported on Thursday July 28, 2016.Another important research note was issued by Susquehanna on Monday July 25, 2016.The firm upgraded MDLZ to Positive from Neutral. Over the last six months and over the last three months, the shares of Mondelez International, Inc. (MDLZ), have changed 0.91% and 0.15%, respectively.