Could Mondelez International Inc Gain Strenght? Option Traders Don’t Think So

 Could Mondelez International Inc Gain Strenght? Option Traders Don't Think So

In today’s session Mondelez International Inc (MDLZ) recorded an unusually high (1,510) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the February, 2017 put, expecting serious MDLZ decrease. With 1,510 contracts traded and 184 open interest for the Feb, 17 contract, it seems this is a quite bearish bet. The option with symbol: MDLZ170217P00037000 closed last at: $0.52 or 0% . About 895,582 shares traded hands. Mondelez International Inc (NASDAQ:MDLZ) has declined 4.93% since April 28, 2016 and is downtrending. It has underperformed by 10.86% the S&P500.

Analysts await Mondelez International Inc (NASDAQ:MDLZ) to report earnings on February, 1. They expect $0.49 earnings per share, up 6.52% or $0.03 from last year’s $0.46 per share. MDLZ’s profit will be $728.30M for 21.08 P/E if the $0.49 EPS becomes a reality. After $0.52 actual earnings per share reported by Mondelez International Inc for the previous quarter, Wall Street now forecasts -5.77% negative EPS growth.

Mondelez International Inc (NASDAQ:MDLZ) Ratings Coverage

Out of 16 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 11 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 69% are positive. $60 is the highest target while $33 is the lowest. The $46.87 average target is 13.46% above today’s ($41.31) stock price. Mondelez International Inc has been the topic of 30 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, August 6 by Credit Agricole. JP Morgan maintained Mondelez International Inc (NASDAQ:MDLZ) on Tuesday, September 6 with “Overweight” rating. The rating was maintained by Credit Suisse on Tuesday, January 19 with “Outperform”. The stock of Mondelez International Inc (NASDAQ:MDLZ) has “Hold” rating given on Thursday, November 10 by Deutsche Bank. The firm earned “Buy” rating on Monday, October 19 by Buckingham Research. The firm has “Outperform” rating given on Thursday, August 6 by CLSA. RBC Capital Markets maintained it with “Outperform” rating and $49 target price in Friday, July 31 report. RBC Capital Markets maintained it with “Outperform” rating and $51 target price in Monday, October 26 report. The firm has “Buy” rating given on Wednesday, February 24 by UBS. The stock of Mondelez International Inc (NASDAQ:MDLZ) has “Buy” rating given on Thursday, February 4 by Canaccord Genuity.

According to Zacks Investment Research, “Mondelez International, Inc. is a food and beverage company. The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Its brands include Oreo, Nabisco and LU biscuits; Milka and Cadbury chocolates; Trident gum; Jacobs and Maxwell House coffees; Philadelphia cream cheeses; Kraft cheeses, dinners and dressings; Oscar Mayer meats, and Tang powdered beverage. Its brands span various consumer sectors: Biscuits, Confectionery, Beverages, Cheese, Grocery and Convenient Meals. Mondelez International, Inc., formerly known as Kraft Foods Inc., is based in Deerfield, IL.”

Insitutional Activity: The institutional sentiment increased to 0.91 in Q2 2016. Its up 0.02, from 0.89 in 2016Q1. The ratio is positive, as 61 funds sold all Mondelez International Inc shares owned while 432 reduced positions. 88 funds bought stakes while 349 increased positions. They now own 1.15 billion shares or 2.26% less from 1.18 billion shares in 2016Q1.
The New York-based Capital One Association has invested 0.03% in Mondelez International Inc (NASDAQ:MDLZ). Pacad Investment Ltd holds 45,826 shares or 0.29% of its portfolio. Adirondack Rech Mngmt has 8,050 shares for 0.14% of their US portfolio. Next Financial Grp Inc Inc has 19,960 shares for 0.29% of their US portfolio. Advisory Serv Net Lc holds 0.11% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 10,969 shares. Aqr Cap Ltd Liability Corp holds 0.36% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ) for 4.46 million shares. Whitnell And accumulated 48,346 shares or 0.72% of the stock. The Massachusetts-based Srb has invested 0.02% in Mondelez International Inc (NASDAQ:MDLZ). Mai Cap Management, a Ohio-based fund reported 174,708 shares. Waverton Inv Mgmt Limited last reported 25,406 shares in the company. The Ohio-based Macnealy Hoover Investment Mgmt has invested 0.39% in Mondelez International Inc (NASDAQ:MDLZ). Smith Salley And Associate has invested 0.09% of its portfolio in Mondelez International Inc (NASDAQ:MDLZ). Jennison Associate Ltd Liability Com accumulated 0.35% or 7.07 million shares. Bedrijfstakpensioenfonds Voor De Media Pno reported 28,300 shares or 0.17% of all its holdings. Allianz Asset Management Ag last reported 2.78 million shares in the company.

Insider Transactions: Since November 1, 2016, the stock had 1 insider purchase, and 1 insider sale for $167.43 million net activity. 2,500 Mondelez International Inc (NASDAQ:MDLZ) shares with value of $104,025 were bought by BOOTH LEWIS W K. PELTZ NELSON sold $167.53 million worth of Mondelez International Inc (NASDAQ:MDLZ) on Tuesday, November 1.

Mondelez International, Inc. is a snack company. The company has a market cap of $61.40 billion. The Firm makes and markets snack food and beverage products for clients in approximately 165 countries around the world. It has a 77.13 P/E ratio. The Firm operates through five divisions: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa ; Europe, and North America.

MDLZ Company Profile

Mondelez International, Inc., incorporated on January 10, 2005, is a snack company. The Firm makes and markets snack food and beverage products for clients in approximately 165 countries around the world. The Firm operates through five divisions: Latin America; Asia Pacific; Eastern Europe, Middle East, and Africa (EEMEA); Europe, and North America. The Company’s portfolio includes over seven brands, including Nabisco, Oreo and LU biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates, and Trident gum, as well as over 50 brands. The Company’s brands span five product categories: biscuits (including cookies, crackers and salted snacks); chocolate; gum and candy; beverages (including coffee and powdered beverages), and cheese and grocery. The Company’s other brands include Oreo, Chips Ahoy!, Ritz, TUC/Club Social and belVita biscuits; Cadbury Dairy Milk, Milka and Lacta chocolate; Trident gum; Hall’s candy, and Tang powdered beverages.

Another recent and important Mondelez International Inc (NASDAQ:MDLZ) news was published by Seekingalpha.com which published an article titled: “Mondelez International: Should We Expect The Positive Trend To Continue?” on November 30, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment