54.89 0.00 (0.00%)
After hours: 4:25PM EDT
|Bid||54.58 x 4000|
|Ask||54.93 x 900|
|Day's Range||54.87 - 55.50|
|52 Week Range||38.78 - 55.85|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||24.87|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||1.04 (1.89%)|
|1y Target Est||58.42|
Two large banks, a food-and-beverage company, and a prescription-drug distributor are expected to announce dividend increases next week.
Mondelez (MDLZ) concludes the buyout of Perfect Snacks, which will help strengthen its presence in the U.S. refrigerated snacks space.
“The Perfect Snacks majority acquisition further expands our leadership position in broader snacking, including the fast-growing segments of well-being and refrigerated snacking,” said Glen Walter, Executive Vice President and President, North America, for Mondelēz International. Mondelēz International, Inc. (MDLZ) empowers people to snack right in approximately 150 countries around the world.
(Bloomberg Opinion) -- Since the U.K. decided more than three years ago to leave the European Union, the nation's savviest investors have succeeded by putting their money where Brexit matters least.Uncertainty about the date of Britain’s departure (now pushed back to Oct. 31) and the terms of the divorce has meant purging the U.K. from their holdings or limiting them to investments traditionally impervious to man-made and natural disasters. Over 38 months, British sterling depreciated 16 percent, the worst shrinkage for any similar period in 8 years. The pound remains the poorest performer in the actively-traded foreign exchange market and inferior to the No. 3 euro.Europe's strongest major economy in the 21st century became a shadow of its former self, reversing two decades preceding the June 23, 2016 referendum when the U.K. outperformed the European Union in growth and investment. London's stock and bond markets similarly languished as laggards to world benchmarks, after beating them consistently in the 20 years prior to the decision to leave the EU, according to data compiled by Bloomberg.“If I give myself some credit, I would say that we acted reasonably fast liquidating U.K. shares” in 2016, said Ben Rogoff, whose Polar Capital Technology Trust PLC has been the most consistent winner out of the 212 British global funds with at least 1 billion pounds this year and during the past three years. His team's 114 percent total return (income plus appreciation) was 22 percentage points better than the Dow Jones World Technology Index, mostly because 68% of the fund is invested in the U.S., two-thirds of that in California companies, according to data compiled by Bloomberg. “It's all about the Internet and where do you get exposed to the Internet? The U.S. and China,” Rogoff said last month during an interview at Bloomberg in London.While Rogoff reduced his holdings of three California tech powers during the past year — Cupertino-based Apple Inc., Menlo Park-based Facebook and Santa Clara-based Advanced Micro Devices — he acquired more shares in Hong Kong-based Tencent Holdings Ltd, Hangzhou-based Alibaba Group Holding Ltd, South Korea's Samsung Electronics Co. and Tokyo-based Yahoo Japan Corp., according to data compiled by Bloomberg.The 46-year-old graduate of St. Catherine's College, Oxford, became the lead manager of the trust in 2006, “and at that time,” he said, “the U.K. weighting might have been 5% to 10%, so if you had already been backing away to the door, it's a lot easier to escape than if you built a career around being an expert in U.K. equities.” Since the Brexit referendum, he said, “There's just been a complete buyers' strike of U.K. equities.”Proof of such disdain comes with the crisis this year at the LF Woodford Equity Income Fund, Britain's most-prized investment when it was launched by star money manager Neil Woodford in 2014. The celebrated stock picker became even more prominent with his contrarian bullish stance on Brexit. The fund plummeted 31% during the past two years by holding a combination of large and small U.K. companies and has frozen redemptions indefinitely.“It's symptomatic of a broader problem,” Bank of England Governor Mark Carney told reporters earlier this month. “Our sense is that the financial-stability risks are increasing.”One U.K. investor who’s successfully resisted the trend away from domestic stocks is Nick Train, who manages Finsbury Growth & Income Trust. It returned 61% the past three years — more than twice the FTSE All-Share Index benchmark — as the most consistent one- and three-year performer among the 129 U.K.-based funds investing mostly in domestic stocks or bonds, according to data compiled by Bloomberg. Unlike Woodford, who doubled down on the British economy writ large, Train, a 60-year-old graduate of Queen’s College, Oxford, dramatically increased his holdings in consumer staples. These are the companies that make such essentials as food, beverages and household goods and can resist business cycles because their products always are in demand.Train, who declined to be interviewed, increased the consumer staples weighting relative to the benchmark to 27% from 23% in 2015 and he enhanced his holdings of Deerfield, Illinois-based Mondelez International Inc., which manufactures and markets packaged food products, and London-based Diageo PLC, the world's largest producer of spirits and beer, according to data compiled by Bloomberg.That's likely to be a safe bet as no one is counting on the British economy rebounding significantly from near the bottom of the EU while the uncertainty created by Brexit persists. “If you take a long view, then this may well be a great time to be investing in U.K. equity,” said Rogoff. “Thankfully, I don't have to make that binary call because there are very few U.K. companies I'm frankly interested in.”\--With assistance from Shin Pei, Richard Dunsford-White, Kateryna Hrynchak and Suzy Waite.To contact the author of this story: Matthew A. Winkler at email@example.comTo contact the editor responsible for this story: Jonathan Landman at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Matthew A. Winkler is a Bloomberg Opinion columnist. He is the editor-in-chief emeritus of Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
DEERFIELD, Ill., July 10, 2019 -- Mondelēz International, Inc. will release its second quarter 2019 financial results on Tuesday, July 30, 2019 at 4:05 p.m. ET and will host a.
Mondelez International Inc NASDAQ/NGS:MDLZView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate 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 | NeutralETF activity is neutral. The net inflows of $7.10 billion over the last one-month into ETFs that hold MDLZ are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. 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 email@example.com.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.
So far, Mondelēz stock has gained significantly this year. Mondelēz has generated better returns than most of its peers except for General Mills.
General Mills (GIS) released its fourth-quarter fiscal 2019 results on June 26. Its performance was mixed, with its bottom line growing healthily and exceeding Wall Street’s estimate.
Mondelēz International and Enel Green Power North America signed a twelve-year power purchase agreement for energy from Texas solar farmThe partnership with Enel Green Power.
While the U.S. dollar's drop could boost multi-nationals, the S&P 500 retreated from all-time highs and the TNX closed below 2%.
Among the 21 analysts covering Mondelēz (MDLZ) stock, 16 have given it “buys,” and five have given it “holds.” Analysts’ positive outlook on Mondelēz stock is backed by its consistent growth in organic sales and its margin expansion.
Mondelēz’s (MDLZ) net revenues have declined in the last three quarters despite the continued growth in its organic sales. Foreign currency fluctuations have more than offset the benefits of the company’s strong performances in both emerging and developed markets.
While we're impressed with the continued strength in the Mondelēz’s (MDLZ) base business, its low growth expectation makes us skeptical. We expect Mondelēz to continue to drive organic sales on the back of higher volumes and pricing.
Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.
Mondelez (MDLZ) has been keen on expanding business through strategic acquisitions. Its latest buyout Perfect Snacks is another step toward bolstering offerings in the snacks division.
It's summertime and the living is easy. Or at least it should be. These days, volatility is getting pretty crazy. While the Federal-Reserve-induced swings have been moving the market higher, it was just a few weeks ago that trade issues were sending stocks lower. This sort of extreme ebb and flow is not exactly the kind of environment that breeds restful nights of sleep. This is especially true if you are near or in retirement.That is unless you focus on boring stocks.Perhaps the best stocks to buy this summer are the ones you don't have to think about. We're talking about boring stocks that generate good revenues in good times and in bad. Nothing too flashily. No crazy exposure or reliance on trendy sectors of the market. Moreover, these stocks reward investors with plenty of dividends and buybacks. You can simply buy shares, collect your income and just forget about them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the end, with volatility surging and the markets moving in a big way, the stocks to buy this summer are the boring ones. It's the best strategy to get through and not get seasick. * 10 'Buy-and-Hold' Stocks to Own Forever With that said, here are five boring stocks to buy this summer. Johnson & Johnson (JNJ)Source: Shutterstock One of the best stocks to buy this summer could be Johnson & Johnson (NYSE:JNJ). When it comes to the healthcare sector, there's no bigger blue chip than JNJ. The firm's empire spans more than 250 operating companies across a variety of healthcare subsectors. That includes consumer healthcare products and medical devices to advanced oncology and immunology drugs. JNJ really does it all.And doing it all makes it a pretty boring stock as well.Thanks to JNJ's multiple product lines, the firm has been able to navigate some tough economic markets over the course of its history. When one of its product lines is suffering, another can pick up the slack. And the fact that JNJ sells its products in more than 60 countries is the icing on the cake. The firm's adjusted earnings have continued to increase for over 35 years based on its deep product line. Moreover, it has been able to increase its dividend for the last 57 years straight. Currently, Johnson & Johnson yields 2.71%. That's a very impressive track record that allows it to keep going during times of duress.Now, there is some new risk at JNJ, such as it's own going talc issues as well as a new pending opioid lawsuit. But even here, JNJ's size and scope will help it navigate with relative ease.All in all, JNJ could one of the best stocks to buy this summer. Republic Services (RSG)Source: Shutterstock According to the latest EPA survey, Americans generate more than 254 million tons of trash or recyclables per year. That's a lot of garbage. But for Republic Services (NYSE:RSG), that trash is a gold mine.RSG is one of the largest trash haulers in the nation. That position provides it plenty of scales. And scale is important in the garbage industry. The problem is that hauling garbage is a relatively low-margined business. By having that scale, Republic is able to earn a little from all its operations. Moreover, it's able to undercut most smaller mom and pop operators for winning key job bids. This base of operations, as well as ownership of its own landfills, has allowed RSG to quickly become a dividend champion -- growing its payout by an average of 8% over the last three years.But RSG is finding ways to boost its potential as well.That includes boost higher-margined recyclable hauling as well as expanding into other areas of waste disposal. Republic now owns several saltwater disposal wells from the oil and gas industry and has moved into providing renewable energy. Turns out, landfills throw off plenty of natural gas that can be burned for energy production, while several of its sites are prime candidates for solar and wind power. * 7 Blue-Chip Stocks to Buy for a Noisy Market Trash is boring, but RSG is turning that boring nature into gold. Southern (SO)Source: Shutterstock The stocks to buy this summer could be the utilities. Perhaps nothing more boring than those firms that produce electricity, water, and natural gas. That includes top-notch utility Southern (NYSE:SO). SO is one of the largest-regulated utilities in the nation and provides power to more than 9 million customers across several states. This provides SO with plenty of steady cash flows that continue to fuel its growth and shareholder rewards.The firm has paid dividends since the 1950's and has raised its payout over the last 17 years straight.Fueling that dividend growth has been the unregulated side of its businesses. A few years ago, Southern purchased pipeline and gas supplier AGL Resources. A similar buy of gas supplier NICOR followed. This moved Southern into the pipeline industry. It turns out this was a great decision. While the combination of FERC-regulated pipelines as well as unregulated gathering/trunk lines have helped boost SO's overall profits since the buyouts.Southern isn't without its warts. The firm has continued to struggle with carbon capture projects and has taken a bath on its nuclear plants thanks to cost overruns and bankruptcy of its contractor Westinghouse. This has pressured the firm in recent quarters.However, the vast bulk of Southern is good, old-fashioned and boring power generation. And because of that, SO makes a great stock to buy for its high 4.6% yield this summer. Chubb (CB)Source: Pictures of Money via FlickrI think I'd rather watch paint dry than talk about the insurance industry. But when it comes to the boring stocks to buy, the insurance sector is often top-notch. The sector is able to make plenty of bank on its underwriting and the delicious float from its investments. One of the best could be insurer Chubb (NYSE:CB).CB is a multi-line insurer and has operations that span pretty much every sub-category of insurance. This includes property and casualty, accident and health, reinsurance, and life insurance. Chubb does it all and it does so across the globe.What's great about that multi-line approach is the CB is surprisingly profitable. Chubb takes a real hands-on approach to its underwriting- especially when it comes to reinsurance and insuring property/casualty lines for businesses. This has allowed it to have an amazing average combined ratio- a key metric of profitability in the insurance industry- that has come in 8.7 percentage points lower than many of its rivals over the last ten years. When you add in profits from its float investments, you have a real winner on your hands.This has continued to drive CB's dividend over its history. The firm has managed to raise its payout over the last 26 years straight. This includes a recent 3% bump at the beginning of the summer. With continued float gains and smart underwriting, Chubb should continue to keep the gains coming. * 7 Fantastic Fidelity Funds for a Range of Investors For investors, insurance is as boring as they come. But Chubb makes a great stock to buy for years of steady gains. Mondelez International Inc (MDLZ)Source: Shutterstock It turns out, the boring world of cookies, crackers and chewing gum provides perfect ballast to the market's gyrations. That's wonderful news for former Kraft-Heinz (NYSE:KHC) spin-out Mondelez International (NYSE:MDLZ).MDLZ features some of the world's biggest brands in snack foods like Oreo's, Nabisco and Cadbury candy. What's great is that snack foods blend the line between being a staple and discretionary item. This allows them to have slightly higher margins than say, toilet paper. However, demand for these sorts of items stays pretty steady. Better still is that MDLZ is able to pass on price increases relatively easy onto consumers. This has helped boost DLZ's results in recent quarters.But Mondelez has plenty of growth in the tank as well. The firm has continued to expand into higher-margined healthy snacks as well as emerging markets. And the firm has started to seriously consider adding cannabis to many of its foods as legalization approaches. Given its huge brand portfolio, this could be a major revenue driver in the future.With a great combination of steady-like demand and plenty of growth potential, MDLZ could be a wonderfully boring stock to buy for this summer.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post 5 Boring Stocks to Buy This Summer appeared first on InvestorPlace.
Mondelēz International Inc. said it's buying a majority interest in San Diego-based Perfect Snacks, maker of the Perfect Bar. Deerfield, Illinois-based Mondelēz (Nasdaq: MDLZ) said the Perfects Snacks acquisition adds "a great complement to our existing portfolio that expands our leadership across broader snacking." Mondelēz said earlier this year that it plans on worldwide domination of the snacking industry. “We have a unique combination of structural advantages and a strategic plan that positions us to lead the future of snacking," said CEO Dirk Van de Put, speaking at the 2019 Consumer Analyst Group of New York (CAGNY) Conference earlier this year.
Mondelez International Inc. said late Wednesday it has agreed to buy a majority interest in Perfect Snacks, a maker of refrigerated nutrition bars. Terms of the deal were not disclosed. Perfect Snacks had about $70 million in revenue last year and "strong" double-digit growth year-on-year, Mondelez said. Mondelez, the maker of Oreo cookies, Milka chocolate and other snack brands, said it plans to run Perfect Snacks as a separate business "in order to nurture its entrepreneurial spirit and maintain the authenticity of the brand." The deal is expected to close later this summer, the company said. Shares of Mondelez were flat in the extended session Wednesday after the stock ended the regular session up 0.9%.
Mondelēz International today announced an agreement to acquire a majority interest in Perfect Snacks®, a pioneer in the fast-growing refrigerated nutrition bars segment. With a loyal consumer base and increased distribution in U.S. retailers, the Perfect Snacks product range has recently expanded from the original Perfect Bar®, to include exciting innovations like Perfect Kids™ Refrigerated Snack Bars and Perfect Bites™ Refrigerated Protein Snacks. “We have a mission to lead the future of snacking by offering the right product, for the right moment, made the right way,” said Glen Walter, Executive Vice President and President, North America, for Mondelēz International.
Stifel hosted Mondelez International Inc (NASDAQ: MDLZ) CFO Luca Zaramella and IR Shep Dunlap for meetings with investors, which resulted in "increased confidence" in the company's ability to grow sales and profits. Mondelez's 90% product exposure to the snack category and 40% geographical exposure to emerging markets is "starting to shine through," Growe wrote in a note.
The sugar market is volatile, but heavy price swings make for a smart investment if timed well with the markets and if individual companies perform.