Mondelez International (MDLZ) Expected to Announce Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ) is anticipated to release its earnings data after the market closes on Tuesday, February 4th. Analysts expect Mondelez International to post earnings of $0.66 per share and revenue of $9,690,852.69 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.14. Mondelez International had a net margin of 10.58% and a return on equity of 17.53%. The company had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.11 billion. During the same quarter last year, the firm posted $0.82 EPS. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, analysts expect Mondelez International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Mondelez International Stock Performance

Shares of MDLZ opened at $58.32 on Tuesday. Mondelez International has a one year low of $55.97 and a one year high of $77.20. The company has a 50-day moving average of $60.74 and a two-hundred day moving average of $66.95. The stock has a market cap of $77.98 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 2.96 and a beta of 0.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.63 and a quick ratio of 0.42.

Mondelez International declared that its Board of Directors has approved a stock repurchase program on Wednesday, December 11th that permits the company to repurchase $9.00 billion in shares. This repurchase authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 3.22%. The ex-dividend date was Tuesday, December 31st. Mondelez International’s payout ratio is 66.67%.

Analyst Ratings Changes

MDLZ has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their target price on shares of Mondelez International from $79.00 to $68.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Jefferies Financial Group cut shares of Mondelez International from a “buy” rating to a “hold” rating and decreased their price target for the stock from $75.00 to $62.00 in a report on Tuesday, January 21st. Wells Fargo & Company restated an “equal weight” rating and set a $61.00 price target (down from $74.00) on shares of Mondelez International in a report on Tuesday, January 7th. Redburn Atlantic initiated coverage on shares of Mondelez International in a report on Tuesday, October 22nd. They set a “buy” rating and a $82.00 price target for the company. Finally, Bank of America raised their price target on shares of Mondelez International from $80.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, October 15th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $73.06.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.