Mondelēz International (MDLZ) has a market cap of $71.2 billion. It rose by 0.35% to close at $45.58 per share on July 19, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -0.33%, 3.9%, and 2.5%, respectively, on the same day.
MDLZ is trading 2.3% above its 20-day moving average, 2.8% above its 50-day moving average, and 6.4% above its 200-day moving average.
Related ETF and peers
The Fidelity MSCI Consumer Staples ETF (FSTA) invests 3.6% of its holdings in Mondelēz International. The ETF tracks a market-cap-weighted index of stocks in the US consumer staples sector. The YTD price movement of FSTA was 10.6% on July 19.
The market caps of Mondelēz’s competitors are as follows:
Mondelēz declared dividend
Mondelēz International has declared a regular quarterly dividend of $0.19 per share on its Class A common stock. The dividend will be paid on October 13, 2016, to shareholders of record as of September 30, 2016.
Mondelēz International’s performance in 1Q16
Mondelēz International reported 1Q16 net revenue of $6.5 billion, a fall of 16.8% compared to net revenue of $7.8 billion in 1Q15. Its revenues from Latin America, the Asia-Pacific Region, Eastern Europe, the Middle East and Africa, Europe, and North America fell by 35.0%, 2.3%, 21.3%, 23.1%, and 0.4%, respectively, in 1Q16 compared to 1Q15.
The company’s gross profit margin rose by 3.7%, and its operating income fell by 11.0% in 1Q16 compared to the prior year. Its net income and EPS (earnings per share) rose to $554.0 million and $0.35, respectively, in 1Q16 compared to $324.0 million and $0.19, respectively, in 1Q15.
Mondelēz International’s cash and cash equivalents fell by 28.4%, and its inventories rose by 5.6% in 1Q16 compared to 4Q15. Its current ratio fell to 0.68x, and its debt-to-equity ratio rose to 1.3x in 1Q16 compared to 0.82x and 1.2x, respectively, in 4Q15. The company has repurchased ~$1.2 billion worth of its common stock at an average price of $41.04 per share.
The company has made the following projections for 2016:
- organic net revenue growth of at least 2%
- adjusted operating income margin of 15%–16%
- adjusted EPS growth in double digits on a constant-currency basis
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