Why Mondelez International, Inc. (NASDAQ:MDLZ) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $50.270 on Mondelez International, Inc. (NASDAQ:MDLZ) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.840 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Mondelez International, Inc. (NASDAQ:MDLZ) stands at 9.124.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Mondelez International, Inc., the PEG ratio for coming 3-5 years is 2.060.

Technical Analysis

The technical analysis highlights that Mondelez International, Inc. current is trading $-1.270 points away or -2.865% from its 50-day moving average of $44.325. Further it is trading $0.277 or +0.646% away its 200-day moving average of $42.778.

The 52-week high of Mondelez International, Inc. (NASDAQ:MDLZ) was $47.420 while lowest point recorded in 52-week was $35.880. It implies if stock price makes a movement of over $-4.365, it will record a new 52-week high. In the case of +19.997% drop, it will touch a new 52-week low.

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