[at noodls] – DEERFIELD, Ill., March 6, 2014 /PRNewswire/ — Mondelez International, the world’s pre-eminent maker of chocolate, biscuits, gum and candy, today announced it will host an Oreo Trending Vending Lounge, …
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Mondelez International, Inc. (MDLZ), valued at $61.13B, began trading this morning at $34.46.
Today’s price range has been between $34.21 and $34.94 per share and has traded between $28.07 and $36.05 over the past 12 months.
MDLZ shares are currently priced at 20.08x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.22x earnings multiple for the same period.
And for those looking to make a return holding the stock, the company pays shareholders $0.56 per share annually in dividends, yielding 1.60%.
According to a consensus of 16 analysts, the earnings estimate of $0.34 per share would be $0.00 worse than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $1.71 is a $0.20 better when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $8.62 Billion. If realized, that would be a 1.37% decrease over the year-ago quarter.
Recently, RBC Capital Mkts Initiated MDLZ at Sector Perform (Nov 26, 2013). Previously, Stifel downgraded MDLZ from Buy to Hold.
When considering if the stock is under or overvalued, the average price target is $36.28, which is 5.28% above where the stock opened this morning.
Mondelez International Inc (NASDAQ:MDLZ), together with its subsidiaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, including cookies, crackers and salted snacks, confectionery products; such as chocolates, gums and candies. Also powdered beverages and coffee, further more cheese and grocery products.
Tag Helper ~ Stock Code: MDLZ | Common Company name: Mondelez | Full Company name: Mondelez International Inc (NASDAQ:MDLZ) .