For its first fiscal quarter (ending March 31), Mondelez International Inc (NASDAQ: MDLZ) has reported a -31% decline in E.P.S. from $1.52 a year ago to $1.05 in the current quarter. Relative to the consensus estimate of $0.97, this was a premium of $0.08. For the latest four quarters through March 31, E.P.S. were $3.16 compared to $2.88 a year ago — an increase of 10%.
Recent Price Action
Mondelez International Inc (NASDAQ: MDLZ) stock rose slightly by 0.2% on 4/30/24. The stock closed at $71.94. Moreover, this advance was accompanied by above average trading volume at 128% of normal. The stock has risen 3.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
MDLZ is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Mondelez International has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Mondelez International has a neutral Power Rating of 47 but a poor Appreciation Score of 20, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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