Mondelez International Inc. (NASDAQ:MDLZ) currently has a daily average trading volume of 5.90M but it saw 5125562 shares traded on Thursday. With a market cap of 102.66B USD, stock’s current market price of $75.18 came falling about -0.38 while comparing to the previous closing price of $75.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $78.59 and as low as $54.72. In the recent trading on the day, stock has struck highest price mark of $75.44 while lowest mark touched by it was $74.39.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Taking a look at 20-day trading activity of Mondelez International Inc. (MDLZ) gives us an average price of $77.14, while its current price level is -4.34% below from 52-week high level whereas it is 37.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $72.84 while that of 200 days or SMA-200 reads an average of $65.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.33% during that period while stretching the period over a month that increases to 1.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.19 which implies that the stock is in neutral territory.
Over the week, MDLZ’s stock price is moving -2.70% down while it is 3.94% when we observe its performance for the past one month. Year-to-date it is 12.80% up and over the past year, the stock is showing an upside performance of 19.33%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.89 beat the consensus estimate of $0.8 for the same. For MDLZ, analysts are forecasting an EPS-growth rate of 7.80% for current year and estimate for EPS growth in next year is 9.40%. In next quarter, company is expected to be making quarterly sales of $8.63 billion as analysts are expecting the sales for current fiscal year at $35.33 billion and seeing the company making $36.76 billion in sales next year. Moreover, analysts are in estimates of $8.22 billion for current-quarter revenue.
Currently, Mondelez International Inc.’s total number of outstanding shares is 1.37B with 0.16% of that held by the insiders while 82.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.10% and return on equity (ROE) at 14.40%. It has a price to earnings ratio (P/E ratio) of 26.25 while having a 21.60 of forward P/E ratio. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 3.64 while price to sale or P/S ratio amounts to 3.12. Its return on asset (ROA) is 5.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Total Stock Market ETF came shrinking its share ownership by 0.34% in the Mondelez International Inc. (MDLZ) increasing its stake to 3.11% with control over 0.15 million shares in the company. As per SEC documents, Vanguard Total Stock Market ETF sought 42,360,299 of company’s common stock of worth $3.25 billion as per recent closing price of the stock. Vanguard Total Stock Market ETF is not the only institutional holder which restructured its stake in Mondelez International Inc., as Vanguard 500 Index Fund picked 31,995,822 shares of worth $2.45 billion to bring its holdings to a total of 0.17 million shares.