Analyst Estimates

Analyst Sights on Price Target: Mondelez International Inc (NASDAQ:MDLZ)

Mondelez International Inc (NASDAQ:MDLZ) soared 0.34% during previous trade, a total of 3.85M shares exchanged hands compared with its average trading volume of 6.54M shares whereas its relative volume is 0.51. The stock has a market capitalization of $66.93B along with 1.56B outstanding shares. Stock’s intraday price range hit the peak level of $43.30 and touched the lowest level of $42.80.

Most recently Mondelez International Inc (NASDAQ:MDLZ)’s price target was revised on 08/14/16 and according to 15 analysts stock’s price will reach at $50.27 during 52 weeks with standard deviation of 4.18. Stock’s minimum price target estimates has been figured out at $45.00 while the maximum price target forecast is established at $60.00, if we look at the price target with an optimistic approach it has upside potential of 39% from its latest closing price of $43.20.

Historically, if we look at price target revisions, three weeks ago Mondelez International Inc (NASDAQ:MDLZ)’s price target was revised on 07/28/16 by the analysts, however the bullish price estimates of the stock set at $60.00 while the bearish estimates kept at $44.00 over the next one year. Stock’s 52-week target was retained at $49.89, the estimates indicates a standard deviation of 4.43.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.66. ABR value is precisely based on brokerage recommendations, where out of 16 brokerage recommendations 9 rate Mondelez International Inc (NASDAQ:MDLZ) stock a Strong Buy, 3 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 7/28/2016 the stock of Mondelez International Inc (NASDAQ:MDLZ) downgraded by Societe Generale from Buy to Hold. However previously on 7/25/2016 it was upgraded by Susquehanna from Neutral to Positive. A research note issued on 2/1/2016 the stock was downgraded by Susquehanna from Positive to Neutral.

Mondelez International Inc (NASDAQ:MDLZ) performance over the past one year advanced 1.63%, during the last six months the stock rose 8.72%. Quarterly performance of the company shows optimistic momentum of 0.44% while its last one month trend is negative with -4.28%. Stock’s weekly performance expressed up trend of 0.56%.

The company’s price sits -2.11% below from its 50-day moving average of $44.27 and 1.12% far from the stock’s 200-day moving average which is $42.85. Mondelez International Inc (NASDAQ:MDLZ)’s shares are currently trading -7.78% away from the 52-week high price of $46.84 and +21.42% far from the 52-week low price of $35.58.

According to consensus agreement of 16 analysts Mondelez International Inc (NASDAQ:MDLZ) will report earnings per share of $0.44 in their quarterly report and it is expected to announce the company’s results on 10/26/16. For the current quarter the company has high EPS estimates of $0.48 in contradiction of low EPS estimates of $0.41. However a year ago for the same quarter the company has reported $0.42 EPS. Current year EPS projections for Mondelez International Inc (NASDAQ:MDLZ) are set at $1.84 according to the sentiments of 20 analysts, while its lowest earnings estimates are $1.73 and highest earnings estimates are $1.93.

According to 13 analysts, Mondelez International Inc (NASDAQ:MDLZ)’s revenue estimates for the current quarter are $6.47 billion meanwhile the company has high revenue estimates of $6.57 billion in contradiction of low revenue estimates of $6.38 billion. For the current year the company’s revenue estimates are $26.3 billion compared to low analyst estimates of $26.08 billion and high estimates of $27.33 billion according to the projection of 19 analysts.

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