Alert: New Earnings Report (10/29/24)-Mondelez International Inc (NASDAQ: MDLZ).

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Mondelez International Inc (NASDAQ: MDLZ) has reported E.P.S. of $0.64 for its third fiscal quarter (ending September 30) versus $0.72 for the same period a year ago — a decline of -11%. E.P.S. were $2.83 for the latest four quarters through September 30 versus $3.37 for the same period a year ago — a decline of -16%.

Recent Price Action

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On 10/29/24, Mondelez International Inc (NASDAQ: MDLZ) stock declined slightly by -0.6%, closing at $69.15. Moreover, this decline was accompanied by unusually high trading volume at 153% of normal. The stock has performed in line with the market over the last nine months and has declined -1.8% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, MDLZ is expected to continue to be a major Value Builder.

Mondelez International has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Mondelez International has a slightly negative Power Rating of 37 and a poor Appreciation Score of 27, triggering the Negative Value Trend Rating.

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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