Recent extremely meaningful positive changes in investment behavior have benefitted Mondelez International Inc (NASDAQ: MDLZ): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent notable positive changes in fundamentals have benefitted Mondelez International Inc (NASDAQ: MDLZ): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
MDLZ’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Mondelez International has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Mondelez International has a poor Appreciation Score of 26 but a good Power Rating of 74, with the Neutral Value Trend Rating the result.
Recent Price Action
Mondelez International Inc (NASDAQ: MDLZ) stock closed at $70.91 on 11/20/23 after a modest gain of 0.4%. The stock has risen 2.6% during the last week and has been strong relative to the market over the last nine months.
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