|Bid||43.92 x 200|
|Ask||44.79 x 200|
|Day's Range||43.89 - 44.73|
|52 Week Range||43.18 - 60.69|
|PE Ratio (TTM)||11.78|
|Earnings Date||Jun 26, 2018 - Jul 2, 2018|
|Forward Dividend & Yield||1.96 (4.38%)|
|1y Target Est||49.89|
The majority of analysts providing recommendations on Mondelēz (MDLZ) stock maintain a “buy” rating. The company’s rebound in sales on the back of strength in power brands and price restructuring initiatives in emerging markets are expected to drive its sales. Plus, the company’s innovation-led wellness portfolio is expected to bode well given the changing preferences of customers and drive its top line.
Margins for food manufacturers in the US are taking a hit from inflated commodity prices and higher transportation costs exacerbated by hurricanes. Plus, increased competitive activity, a challenging retail landscape with Amazon’s (AMZN) expansion, and soft demand remain a drag.
The company’s top line saw YoY (year-over-year) growth in the past two quarters after reporting declines in the past 15 quarters. Mondelēz’s top line is expected to benefit from increased pricing in emerging markets. Plus, strength in power brands and continued growth in innovation-led new products are expected to support its sales growth rate.
Consumer-staples stocks have fallen 12% this year as investors once attracted to the steady payouts of companies selling goods like breakfast cereal, toothpaste and razors shop elsewhere.
Mondelēz (MDLZ) is expected to announce its 1Q18 results on Tuesday, May 1. The company’s top line and bottom line are expected to sustain the growth momentum in 1Q18 and mark YoY (year-over-year) improvement.
MINNEAPOLIS , April 24, 2018 /PRNewswire/ -- General Mills, Inc. (NYSE: GIS) today announced it has completed the acquisition of Blue Buffalo Pet Products, Inc. for $40 per share in an all-cash transaction, ...
General Mills Inc's stock could rise to 16 times earnings projections from the current 14 as its acquisition of Blue Buffalo Pet Products Inc starts to create growth, Barron's reported. General Mills shares, which closed on Friday at $43.41, have fallen 27 percent this year, but investors may be underestimating the value of the company's purchase of pet-food seller Blue Buffalo, making it an under-the-radar bargain, the newspaper reported. General Mills' earnings growth has stalled, and its $8 billion price tag for Blue Buffalo in February was viewed by some analysts as too ambitious.
This weekend's Barron's cover story examines the divide between business models in the big tech space. Other featured articles show why MLPs look attractive again and what to expect in the battle over ...
Over the past 10 years General Mills Inc (NYSE:GIS) has returned an average of 3.00% per year from dividend payouts. The company is currently worth US$26.10B, and now yields roughlyRead More...
Kraft Heinz (KHC) fell 5% this past week after Credit Suisse downgraded it from Outperform to Underperform. Philip Morris International (PM) dropped almost 16% on Thursday after reporting that its answer to falling smoking rates, a smokeless tobacco system called iQOS, might peak sooner than expected in Japan. Consider General Mills (GIS), which has fallen 27% so far this year, to humble levels relative to earnings.
Analysts expect Hershey (HSY) to post adjusted earnings per share (or EPS) of $1.41 in 1Q18, which reflects year-over-year (or YoY) improvement of 7.6%. The expected earnings also reflect sequential improvement as Hershey’s EPS fell 12.0% YoY in 4Q17. Hershey’s 4Q17 bottom line took a hit from weak volumes and higher costs, and unfavorable mix provided further pressure.
MINNEAPOLIS, April 19, 2018 /PRNewswire/ -- General Mills released its 2018 Global Responsibility Report, outlining the company's approach to creating environmental, social and economic value in the countries where it operates. "We are investing in the preservation of natural resources that our business and the global population depend upon," said Jeff Harmening, chairman and CEO of General Mills. "Consumers increasingly demand food that reflects their values, from a company they trust.
Hershey (HSY) is expected to announce its 1Q18 results on April 26, 2018. Analysts expect the company’s sales and EPS (earnings per share) to show YoY (year-over-year) improvement. However, persistent challenges could dent the company’s financials.
Most analysts have maintained a neutral outlook on McCormick (MKC) stock given the tough retail environment and the company’s high debt after its RB Foods acquisition. The rise of private label products also remains a concern.
Whereas most US packaged food manufacturers are struggling to stabilize their margins amid soft sales and manufacturing and logistic cost inflation, McCormick (MKC) has managed to expand its margins at a healthy rate.
McCormick’s (MKC) top-line growth has improved significantly over the past two quarters, thanks to incremental sales of its acquired brands, which contributed more than half of this growth. During the last reported quarter, McCormick’s acquired brands, Giotti and RB Foods, added ~2.4% to its overall sales growth of 19%.
McCormick (MKC) has seen double-digit sales and earnings growth over the past couple of quarters, and analysts expect the company’s top and bottom lines to mark double-digit growth in fiscal 2018.
Food stocks have been a staple of investors’ portfolios for decades and have rewarded them with fat returns throughout that time. However, the food companies behind those returns have also made non-investors fat, though not financially, thanks to their sugar-laden, nutrition-deprived offerings. That’s led to a concerted effort among consumers to eat healthier in an […]
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of General Mills Inc (NYSE:GIS) as an investment opportunity. Anyone interestedRead More...
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 9. Additionally, the rate of outflows appears to be accelerating.
J.M. Smucker joins the list of companies taking a deep dive into the pet food and pet care market, one that is growing.