The mean price target for the shares of Mondelez International Inc (NASDAQ:MDLZ) is at $48.69 while the highest price target suggested by the analysts is $55.00 and low price target is $45.00. The mean price target is calculated keeping in view the consensus of 16 brokerage firms.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 6.36B by 15 analysts. The means estimate of sales for the year ending Dec 16 is 26.60B by 19 analysts.
The average estimate of EPS for the current fiscal quarter for Mondelez International Inc (NASDAQ:MDLZ) stands at $0.40 while the EPS for the current year is fixed at $1.84 by 17.00 analysts
The next one year’s EPS estimate is set at 2.09 by 23.00 analysts while a year ago the analysts suggested the company’s EPS at $1.84. The analysts also projected the company’s long-term growth at 10.63% for the upcoming five years
In its latest quarter ended on 31 Mar 2016 , Mondelez International Inc (NASDAQ:MDLZ) reported earnings of $0.48. The posted earnings topped the analyst’s consensus by $0.09 with the surprise factor of 23.10%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
Mondelez International Inc (NASDAQ:MDLZ) traded up +0.38% during trading on Friday, hitting $45.35 . The stock had a trading volume of 4.4 M shares. The firm has a 50 day moving average of $44.01 and a 200-day moving average of $42.41. The stock has a market cap of $70.18B and a price-to-earnings ratio of 9.74. On Aug 6, 2015 the shares registered one year high at $48.58 and the one year low was seen on Feb 8, 2016.
ON June 8, 2016 Mondelez International Inc (NASDAQ:MDLZ) At a groundbreaking ceremony, Mondelēz International officially began the construction of a new global Research, Development & Quality (RDQ) site in Bielany Wroclawskie. With a symbolic turn of the first shovelful of soil, company executives and local officials marked this important milestone for Poland and the company’s RDQ network in Europe.
The state-of- the-art research and development facility is expected to open in the first quarter 2017 and will support new products and technologies for beloved Power Brands like Cadbury Dairy Milk, Milka, Barni and Oreo. The site will also be equipped with innovation labs, a new pilot plant and a “collaboration kitchen,” a creative space for new ideas and experimentation.
“This $15 million investment supports our growth strategy to offer innovative chocolate and biscuit products that meet the changing needs of consumers, while maintaining a competitive edge in the markets of tomorrow,” said Rob Hargrove, Executive Vice President, Research, Development & Quality for Mondelēz International. “Embedding one of our largest research hubs here clearly signals the importance of Poland and Europe within our global RDQ network.”
“We really appreciate the fact that Mondelēz International – our established local business partner – is growing,” said Pawel Hreniak, Lower Silesia Governor. “The investment itself means new jobs, and further promotion of the region, as well as potential cooperation with local partners, which we all are looking forward to.”
“Wroclaw is rapidly becoming the ‘Silicon Valley’ of Poland as well as an incredibly important and strategic location for our business,” said Zoltan Novak, Managing Director, Mondelez Poland and the Baltics. “Given the vast number of locally renowned technical universities that educate top-notch professionals in the area, we are confident that this talent will help us to create a strong future for our global Power Brands and make the new center a successful hub for innovation.”
The investment will not only boost the company’s already innovative global chocolate and biscuit Power Brands, but it is also expected to host 250 scientists, engineers and other specialists recruited from all over the world, including Poland. The company’s long-standing presence in the country will grow, with 1,400 employees in the Wroclaw region as well as cooperation with local partners and suppliers.
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