US Stock MarketDetailed Quotes
MDLZ Mondelez International
- 67.840
- +0.670+1.00%
Trading Apr 19 15:10 ET
91.25BMarket Cap18.74P/E (TTM)
67.865High67.090Low5.68MVolume67.420Open67.170Pre Close383.14MTurnover0.42%Turnover Ratio18.74P/E (Static)1.35BShares76.77552wk High3.22P/B91.00BFloat Cap60.02552wk Low1.62Dividend TTM1.34BShs Float76.775Historical High2.39%Div YieldTTM1.15%Amplitude13.815Historical Low67.497Avg Price1Lot Size
Mondelez International Stock Forum
Sign in to post a comment
ColumnsCocoa Outshines Nvidia and Bitcoin with Over 130% Surge: Here Is Why
Since the beginning of this year, while AI stocks and Bitcoin continue to hit new highs, cocoa, the most important raw material for chocolate production have quietly skyrocketed by over 130%. The outstanding performance has even surpassed that of the former two, which has caught the attention of numerous hedge funds.
Notes: The daily price of cocoa refers to the active contract for New York cocoa futures, as of March 28th, 2024....
Notes: The daily price of cocoa refers to the active contract for New York cocoa futures, as of March 28th, 2024....
83
7
The demand for chocolate is resilient and has typically been considered an affordable luxury. However, its diminished affordability due to increased cocoa and sugar prices may lead consumers to reallocate spending on other, more affordable indulgences.
Mondelez International's profit boost due to unusual items may distort its true earnings power. Investors are advised to look beyond the statutory numbers. A warning sign for Mondelez International also warrants investor attention.
ColumnsToday's Morning Movers and Top Ratings: GOOGL, AMD, TSLA, SBUX and More
Morning Movers
Gapping up
$Starbucks(SBUX.US$ stock rose 3.7% after the coffee chain cut its annual sales forecast, warning of softer demand in January and a slow recovery in China. However, even more weakness had been expected following disappointing store traffic in November and December.
$Novo-Nordisk A/S(NVO.US$ stock rose 0.5% after the Danish drugmaker forecast another year of double-digit growth due to the populari...
Gapping up
$Starbucks(SBUX.US$ stock rose 3.7% after the coffee chain cut its annual sales forecast, warning of softer demand in January and a slow recovery in China. However, even more weakness had been expected following disappointing store traffic in November and December.
$Novo-Nordisk A/S(NVO.US$ stock rose 0.5% after the Danish drugmaker forecast another year of double-digit growth due to the populari...
17
Despite the company's confidence in its position for sustainable growth, the slowing sales growth and forecast for 2024 indicate potential challenges ahead, particularly as consumers resist higher prices.
Inflation data may interest food companies like Starbucks, McDonald's, Tyson Foods, Hormel, Oatly, J.M. Smucker, and Cal-Maine Foods. Nestle, Hershey, Mondelez International, and McCormick might maintain margins due to stable prices in some categories.
Mondelez International's high P/E ratio may signal risk for shareholders as projected earnings growth does not sustain current prices, possibly impacting the share price.
CEO Dirk Van de Put is confident in Stephanie Lilak's ability to maintain Mondelēz International's growth-oriented culture with her vast HR leadership experience across several industries.
RBC holds that Mondelez's growth and margin performance are superior and should be suitably valued. Notably, they predict potential in Mondelez's retail expansion, M&A strategies, and promising shelf space. Given rising sugar/cocoa costs and a competitive market, RBC prefers Mondelez to Hershey.
ColumnsRetailers Are Cutting Outlooks, and There Are Indications that Deflation Could Be on the Way
The upcoming holiday season is expected to be tough for U.S. retailers across various sectors such as apparel, electronics, and home improvement. Moody's Investors Service predicts that holiday sales will only grow by 1% to 3% this year, indicating that higher discounts may not necessarily drive significant spending during this crucial period.
Retailers predict a weak holiday
On Tuesday, $Best Buy(BBY.US$ and ...
Retailers predict a weak holiday
On Tuesday, $Best Buy(BBY.US$ and ...
11
No comment yet
Analysis
Price Target
No Data
Heat List
US
Overall
Symbol
Latest Price
%Chg
daniel woods868 : stop
VJong : Can we trade in MooMoo platform ?
BelleWeather : If one doesn’t have ethical qualms, HSY might be a good investment here. Stock is down and the cocoa prices are hurting the company. When the reserves are unlocked, cocoa prices will go down and HSY will benefit, likely later this year.
Lynette Page : There are so many people who have to have a chocolate fix. I'm one of them. Sounds like an investment opportunity to me.
73607541 : how fast will they go up if they go up
View more comments...