What is DA Davidson's Forecast for MDLZ FY2025 Earnings?

Mondelez International, Inc. (NASDAQ:MDLZ - Free Report) - Research analysts at DA Davidson lowered their FY2025 earnings estimates for shares of Mondelez International in a report released on Thursday, October 31st. DA Davidson analyst B. Holland now forecasts that the company will post earnings per share of $3.44 for the year, down from their prior estimate of $3.60. DA Davidson currently has a "Buy" rating and a $75.00 target price on the stock. The consensus estimate for Mondelez International's current full-year earnings is $3.49 per share.

Several other equities analysts have also recently commented on the stock. Citigroup lowered their target price on shares of Mondelez International from $80.00 to $78.00 and set a "buy" rating on the stock in a research note on Wednesday, October 30th. Redburn Atlantic began coverage on Mondelez International in a research note on Tuesday, October 22nd. They set a "buy" rating and a $82.00 price target for the company. Barclays decreased their target price on Mondelez International from $80.00 to $76.00 and set an "overweight" rating for the company in a research note on Friday, July 19th. Evercore ISI upped their price target on shares of Mondelez International from $79.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, September 26th. Finally, Sanford C. Bernstein dropped their target price on shares of Mondelez International from $90.00 to $88.00 and set an "outperform" rating on the stock in a report on Wednesday, July 17th. One research analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Mondelez International has a consensus rating of "Moderate Buy" and an average price target of $80.31.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ traded down $0.15 on Monday, hitting $68.36. The company's stock had a trading volume of 5,704,262 shares, compared to its average volume of 6,779,104. The company has a market capitalization of $91.32 billion, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 2.97 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.50 and a current ratio of 0.63. Mondelez International has a 12 month low of $64.18 and a 12 month high of $77.20. The stock's 50-day moving average is $72.35 and its two-hundred day moving average is $69.81.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last issued its earnings results on Tuesday, October 29th. The company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $9.11 billion. During the same period in the prior year, the company earned $0.82 earnings per share. The firm's revenue was up 1.9% compared to the same quarter last year.

Institutional Trading of Mondelez International

Several hedge funds and other institutional investors have recently modified their holdings of MDLZ. Norden Group LLC lifted its stake in Mondelez International by 39.8% in the first quarter. Norden Group LLC now owns 8,695 shares of the company's stock valued at $609,000 after acquiring an additional 2,476 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in Mondelez International in the first quarter worth $724,000. Pictet North America Advisors SA acquired a new stake in shares of Mondelez International in the first quarter worth about $875,000. Boomfish Wealth Group LLC boosted its stake in shares of Mondelez International by 10.6% during the 1st quarter. Boomfish Wealth Group LLC now owns 16,871 shares of the company's stock worth $1,181,000 after acquiring an additional 1,615 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Mondelez International by 16.6% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 282,404 shares of the company's stock worth $19,768,000 after acquiring an additional 40,212 shares in the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

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.