Mondelez International, Inc.’s Stock Price Soars to $60.21, Marking a Positive 0.60% Shift in Performance

Mondelez International, Inc. (MDLZ)

60.21 USD +0.36 (+0.60%) Volume: 7.27M

Mondelez International, Inc.’s stock price currently stands at 60.21 USD, witnessing a slight increase of 0.60% in this trading session, with a trading volume of 7.27M. Despite the recent uptick, the stock has experienced a downturn year-to-date (YTD) with a significant decrease of -16.87%.

Latest developments on Mondelez International, Inc.

Mondelez International, Inc. (NASDAQ:MDLZ) has been in the spotlight recently due to reports of a potential bid for Hershey, although uncertainties surround this speculation. Institutional owners, who hold a significant 80% stake in the company, continue to favour Mondelez. Meanwhile, British chocolate icon Cadbury has faced a setback, being dropped from King Charles’ new list of royal warrant holders. These events have likely contributed to the stock price movements of Mondelez International today.

Mondelez International, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish insights on Mondelez International. In their report titled “Mondelez International Inc.: How Will Strategic Pricing and Revenue Growth Management Influence Their Future Performance? – Major Drivers,” the analysts highlighted the company’s strong 5.4% growth in organic net revenue in the Third Quarter of 2024. This growth was attributed to effective price adjustments and positive volume mix in both developed and emerging markets, showcasing a robust performance in North America and Europe.

Furthermore, in another report titled “Mondelez International: Strategic Brand Partnerships & Diversification Catalyzing Growth! – Major Drivers,” Baptista Research emphasized Mondelez International‘s solid performance in the second quarter of 2024. The report highlighted the company’s ability to strike a balance between strategic pricing adjustments and strong consumer demand in key segments like chocolate and biscuits. With a 2.5% growth in organic net revenue and an 11.3% increase in adjusted gross profit dollars, Mondelez International demonstrated effective cost management and pricing strategies to drive profitability.

A look at Mondelez International, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Mondelez International Inc. is a food and beverage company that manufactures and markets a variety of packaged food products worldwide. According to Smartkarma Smart Scores, Mondelez International shows average scores across the board, with a Value score of 3, Dividend score of 4, Growth score of 3, Resilience score of 3, and Momentum score of 3. This indicates a stable outlook for the company in the long term, with a decent dividend yield and consistent growth potential.

Despite not scoring particularly high in any specific category, Mondelez International‘s overall outlook remains positive based on the Smartkarma Smart Scores. With its diverse range of products and global presence, the company is positioned to maintain its resilience and momentum in the market. Investors can expect steady performance from Mondelez International, making it a reliable option for those looking for stable returns in the food and beverage industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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