|Bid||52.29 x 3200|
|Ask||52.30 x 800|
|Day's Range||52.04 - 52.59|
|52 Week Range||38.78 - 52.98|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||23.72|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.04 (2.05%)|
|1y Target Est||56.33|
Mondelez CEO Dirk Van de Put joins CNBC's "Squawk on the Street" to discuss the company's quarterly earnings, growth and its plans to target younger consumers.
DEERFIELD, Ill., May 15, 2019 -- The Board of Directors of Mondelēz International, Inc. today declared a regular quarterly dividend of $0.26 per share of Class A common stock..
Achieves goal of 15 percent net revenue from portion control snacks ahead of targetStrong progress against 2020 sustainable agriculture and environmental impactOutlines 2025.
Premier Foods unveiled plans to review options for its business after former boss Gavin Darby left in January. Premier Foods, which also owns the Ambrosia rice pudding and custards brand and OXO stock cubes, said adjusted profit before tax rose 12 to 88 million pounds ($114 million)for the year ended March 30. Mr Kipling enjoyed a 12% rise in revenue after it was relaunched in Britain with new packaging and design combined with higher marketing spends.
Since late March, Aurora Cannabis (NYSE:ACB) stock has been in a fairly tight trading range. But next Tuesday we may see some action. Yes, the company will report its fiscal third quarter results. No doubt, it will be a critical, as investors will want to get a sense of how the Canadian recreational market is tracking, and after the Cronos Group (NASDAQ:CRON) letdown, there might be some concern about Aurora stock.Source: Shutterstock Now as for the prior quarter for Aurora stock, the company handily beat its own estimates. Revenues hit $40.7 million for the quarter, up a sizzling 83% on a quarter-over-quarter basis. Note that the company had put out a forecast of $37.6 million.Although, the losses were hefty, coming to $178.6 million. A big reason for this has been the aggressive M&A strategy, which means that the company has to make adjustments for mark-to-mark accounting. Consider that there have been 15 deals since the summer of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dangerous Dividend Stocks to Stay Far Away From A Closer Look at Aurora StockSo what about the expectation for Aurora stock for Q3? Well, as should be no surprise, the growth is likely to continue at a robust pace. The consensus is for revenues to come to $55.3 million and the loss be 4 cents a share. But given that the cannabis opportunity in Canada is in the nascent stages, the forecast is likely to be more of an educated guess.There were certainly other notable highlights during the quarter. Here's a look: * The company signed a binding agreement to acquire Chemi Pharmaceutical, which is a privately-held Ontario lab that focuses on analytics for the pharma and cannabis industries. A key asset is the Health Canada Drug Establishment Licence that allows for performing certified GMP compliant quality control testing. The company will be merged into Aurora's Anandia Laboratories subsidiary. * Aurora announced it has purchased the remaining shares of Hemco, which is a top provider of hemp-based foods, fiber and nutraceuticals. The company is also commissioning its 56,000 square foot hemp processing facility for the extraction of CBD. * The company completed its acquisition of Whistler Medical Marijuana Corporation, which is one of the top premium cannabis brands in Canada. The deal should allow for expansion in both medical and consumer markets. Consider that the production capacity is expandable to over 15,000 kg. * Aurora received approval to sell cannabis oils to German pharmacies. In fact, the company is already the market leader in the country. Bottom Line on ACB StockWhen it comes to ACB stock, there are both short-term and long-term tailwinds. No doubt, right now much of the growth will come from the Canadian market. The good news is that the company has been able to effectively scale its operations. Production is expected to go from 150,000 kg per year to more than 500,000 kg per year by mid-2020.As for the long-term catalysts for ACB stock, there is the medical business. The company has about 40 clinical trials and has also built a strong distribution footprint in Europe and Latin America. Just a small number of new therapeutics can have a big impact on the top-line.But there is another key factor for ACB stock: The company has appointed Nelson Peltz as a Strategic Advisor. He is the CEO and founding partner of the Trian Fund, which is a top investment firm that's focused on the consumer products sector. It has stakes in companies such as Procter & Gamble (NYSE:PG) and Mondelez International (NASDAQ:MDLZ).In other words, Nelson will likely be critical in helping ACB find major strategic partners to help propel the growth, similar to what other cannabis firms like Canopy Growth (NYSE:CGC) and Cronos have done. So yes, on the earnings call, it's a good bet that analysts will want to hear how things are progressing on this front.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post It Makes Sense to Lay off Aurora Stock Ahead of Next Week's Earnings appeared first on InvestorPlace.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mondelez International, Inc. New York, May 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mondelez International, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Start-ups were asked to share solutions that could foster a more sustainable food system in areas such as food waste reduction, sustainable sourcing and packaging, alternative ingredients, circular and regenerative snack solutions and emerging technologies. Among the six finalists, two start-ups were selected as the winners of the first SnackFutures “Future of Snacking” pitch competition. Kaffe Bueno, a Denmark-based start-up, upcycles spent coffee grounds from industrial coffee waste by transforming them into nutritious ingredients used in foods and wellness products.
DEERFIELD, Ill., May 08, 2019 -- Mondelēz International, Inc. announced that Dirk Van de Put, Chairman and CEO, and Luca Zaramella, Chief Financial Officer, will present at.
Mondelez International Inc NASDAQ/NGS:MDLZView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MDLZ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MDLZ. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MDLZ totaled $4.34 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MDLZ credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Kellogg Reports Mixed Q1 Results, Earnings Remain PressuredKey takeawaysThe Kellogg Company (K) posted mixed first-quarter earnings results on May 2. Kellogg’s top line missed analysts’ estimate for the second consecutive quarter, reflecting
Mondelēz: Improved Base Business Supported Q1 Earnings Beat(Continued from Prior Part)Valuation could limit the upside Continued strength in Mondelēz’s (MDLZ) base business is expected to support its stock in the near term. Mondelēz managed to
Fed Cuts Rates, But Not The One People Watch The Federal Reserve did indeed cut interest rates yesterday in an announcement following its Federal Open Market Committee meeting. The rate that was cut, however, wasn’t the target rate of federal funds loaned between banks overnight. It was the rate paid directly by the Fed to […]The post Market Morning: Fed Cuts Rates, Netflix Hikes Rates, Mondelez Goes to Pot appeared first on Market Exclusive.
Snack company Mondelez International Inc (NASDAQ: MDLZ) reported Tuesday with first-quarter results that arrived better than expected. Mondelez's international revenue grew 8.4 percent in the quarter due to investments in communications for its brands and optimizing its supply chain, Van de Put told CNBC.
Mondelēz: Improved Base Business Supported Q1 Earnings Beat(Continued from Prior Part)Earnings beat the expectationsMondelēz (MDLZ) posted stronger-than-expected first-quarter earnings. The company’s adjusted EPS of $0.65 beat analysts’
Shares of Mondelez rise after the maker of Oreo cookies and Cadbury chocolates reports better-than-expected first-quarter earnings.
Mondelēz: Improved Base Business Supported Q1 Earnings BeatKey takeawaysMondelēz (MDLZ) posted mixed first-quarter results after the markets closed on April 30. Mondelēz’s top line fell short of analysts’ estimate, which reflected negative