Mondelez International, Inc.’s Stock Price Drops to $66.13: Experiencing a 2.25% Decline

Mondelez International, Inc. (MDLZ)

66.13 USD -1.52 (-2.25%) Volume: 11.35M

Mondelez International, Inc.’s stock price stands at 66.13 USD, experiencing a trading session drop of -2.25%, with a trading volume of 11.35M shares, yet showcasing a promising YTD increase of +10.71%, highlighting its dynamic market performance and potential for investment growth.

Latest developments on Mondelez International, Inc.

Mondelez International, Inc. (NASDAQ:MDLZ) has seen a flurry of stock movements recently, with various financial institutions buying and selling shares. National Bank of Canada FI sold over 700,000 shares, while Wells Fargo adjusted the price target to $68. Billionaires are eyeing MDLZ as a potential FMCG stock to buy. Despite cost pressures, Jim Cramer supports Mondelez, highlighting the strength of their snack business. The company’s strategic pricing power in Europe has also garnered a buy rating. With numerous institutions adjusting their stock holdings, including Franklin Resources Inc. and Partners in Financial Planning, the market is closely watching Mondelez’s stock movements.

Mondelez International, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma are optimistic about Mondelez International‘s future performance. In one report titled “Mondelez International: Cocoa Pricing Strategies & Market Adaptation Driving Our Optimism!”, the company’s strong operational performance in 2024 was highlighted, with mid-single-digit growth in both top-line and gross profit dollars. The report praised Mondelez for its disciplined pricing and cost management, which led to organic net revenue growth of 4.3% and adjusted gross profit growth of 5.1%. Read more

In another report by Baptista Research titled “Mondelez International Inc.: How Will Strategic Pricing and Revenue Growth Management Influence Their Future Performance? – Major Drivers”, the analysts discussed the company’s Third Quarter 2024 earnings report. Despite mixed results, Mondelez International saw a strong 5.4% growth in organic net revenue, driven by effective price adjustments and positive volume mix. Both developed and emerging markets showed mid-single-digit growth, with North America performing well and Europe recovering steadily. The report highlighted the company’s strategic pricing activities as key drivers for future performance. Read more

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 with a global presence. According to Smartkarma Smart Scores, the company receives a high score of 4 for its dividend outlook, indicating a positive long-term dividend potential for investors. This suggests that Mondelez International is committed to providing steady returns to its shareholders through dividends.

Additionally, Mondelez International scores a 5 in momentum, showing strong performance and market momentum. This indicates that the company is experiencing positive growth and is likely to continue on an upward trajectory in the future. With solid scores in dividend, growth, and momentum, Mondelez International seems well-positioned for long-term success 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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