UBS analyst Cody Ross maintains $Mondelez International (MDLZ.US)$ with a hold rating, and adjusts the target price from $77 to $76.
According to TipRanks data, the analyst has a success rate of 45.7% and a total average return of 4.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mondelez International (MDLZ.US)$'s main analysts recently are as follows:
Following Mondelez's Q3 report, the company's confirmation of its full-year outlook suggests a Q4 earnings projection that might not meet initial expectations. The company indicated that earnings are anticipated to decline in 2025 compared to the previous year. The analysis reflects adjustments in estimates to account for the increase in cocoa prices, yet it is suggested that there might be more potential for earnings growth in the upcoming year.
Following Mondelez's Q3 results, management maintains its projection for organic growth to remain at the higher spectrum of the 3%-5% range for 2024.
The analyst noted that management's indication of challenges in growing earnings per share by 2025, compounded by a negative impact from JDEP, suggests that earnings may decline, but not substantially. Despite this, with strong and potentially increasing organic sales, and a reasonable price-to-earnings ratio based on 2025 projections and the trough in 2026, it is likely that Mondelez will attract attention.
Note:
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