Somewhat Positive Media Coverage Somewhat Unlikely to Impact Mondelez International (MDLZ) Stock Price
Media stories about Mondelez International (NASDAQ:MDLZ) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mondelez International earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.2806183588884 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Mondelez International (MDLZ) Raised to Sell at BidaskClub (americanbankingnews.com)
- Stock Performances and Technical’s to scrutinize:- Mondelez International, Inc. (NASDAQ:MDLZ) – The Stock Street (press release) (thestreetpoint.com)
- Hot Stock to Track – Mondelez International, Inc., (NASDAQ: MDLZ) – Stock Watch (stocksnewstimes.com)
- Mondelez International, Inc. (NASDAQ: MDLZ) – Signals from Technical Perspective – Alpha Beta Stock (alphabetastock.com)
- Optimistic Trending Companies: Juniper Networks, Inc. (JNPR), Mondelez International, Inc. (MDLZ) – Market Movers (financialqz.com)
Shares of Mondelez International (NASDAQ:MDLZ) traded down $0.03 during trading on Friday, hitting $42.65. The stock had a trading volume of 5,653,623 shares, compared to its average volume of 7,144,889. The firm has a market cap of $63,735.65, a PE ratio of 20.80, a P/E/G ratio of 1.76 and a beta of 0.98. Mondelez International has a fifty-two week low of $39.19 and a fifty-two week high of $47.23. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.49.
Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The business had revenue of $6.53 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS. research analysts forecast that Mondelez International will post 2.14 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on the company. Royal Bank Of Canada restated a “buy” rating on shares of Mondelez International in a research note on Friday, September 1st. BidaskClub upgraded Mondelez International from a “strong sell” rating to a “sell” rating in a report on Thursday. Susquehanna Bancshares set a $45.00 price objective on Mondelez International and gave the stock a “hold” rating in a report on Monday, October 30th. Zacks Investment Research cut Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $55.00 price objective on shares of Mondelez International in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $49.40.
In other news, EVP Daniel P. Myers sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $40.94, for a total transaction of $286,580.00. Following the transaction, the executive vice president now directly owns 20,965 shares in the company, valued at approximately $858,307.10. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Lewis W. K. Booth bought 1,500 shares of the stock in a transaction dated Thursday, November 9th. The shares were bought at an average price of $41.29 per share, for a total transaction of $61,935.00. The disclosure for this purchase can be found here. Insiders own 3.60% of the company’s stock.
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About Mondelez International
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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