Mondelez International (MDLZ) to Release Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.66 per share and revenue of $9.67 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.14. The firm had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.11 billion. Mondelez International had a return on equity of 17.53% and a net margin of 10.58%. The company's revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned $0.82 EPS. 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 Price Performance

Mondelez International stock traded down $1.42 during trading hours on Tuesday, reaching $56.91. 10,768,945 shares of the stock were exchanged, compared to its average volume of 10,472,110. The stock has a 50 day moving average of $60.63 and a two-hundred day moving average of $66.90. Mondelez International has a twelve month low of $55.97 and a twelve month high of $77.20. The company has a current ratio of 0.63, a quick ratio of 0.42 and a debt-to-equity ratio of 0.59. The company has a market cap of $76.10 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 2.96 and a beta of 0.54.

Mondelez International declared that its Board of Directors has initiated a share repurchase program on Wednesday, December 11th that permits the company to repurchase $9.00 billion in shares. This repurchase authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Mondelez International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 3.30%. The ex-dividend date was Tuesday, December 31st. Mondelez International's dividend payout ratio (DPR) is presently 66.67%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MDLZ. Citigroup cut their target price on shares of Mondelez International from $78.00 to $71.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Redburn Atlantic assumed coverage on shares of Mondelez International in a research report on Tuesday, October 22nd. They set a "buy" rating and a $82.00 target price for the company. Deutsche Bank Aktiengesellschaft lowered their target price on Mondelez International from $67.00 to $62.00 and set a "hold" rating for the company in a report on Wednesday, January 22nd. The Goldman Sachs Group dropped their price target on shares of Mondelez International from $79.00 to $68.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Finally, UBS Group decreased their price target on Mondelez International from $76.00 to $63.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $73.06.

Mondelez International Company Profile

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.