Mondelez International, Inc.’s Stock Price Soars to $68.13, Marking a Robust 3.78% Uptick

Mondelez International, Inc. (MDLZ)

68.13 USD +2.48 (+3.78%) Volume: 15.85M

Mondelez International, Inc.’s stock price surges to $68.13, marking a significant trading session increase of +3.78% with a robust trading volume of 15.85M shares. The snack giant continues its bullish trend, boasting a year-to-date percentage change of +14.06%, reflecting its strong market performance and investor confidence.

Latest developments on Mondelez International, Inc.

Mondelez International (NasdaqGS:MDLZ) recently reported its first-quarter earnings, surpassing profit estimates thanks to higher prices. The company also completed a US$1.5 billion buyback, signaling confidence in its performance. Despite facing challenges from a pullback in snack and cracker spending, Mondelez managed to achieve modest revenue growth and maintain its full-year outlook. The iconic cookie brand Chips Ahoy! is undergoing innovation, marking a new chapter for Mondelēz. With a focus on managing cocoa costs and driving price and new product development, Mondelez is experiencing growth in returns on capital, despite facing uncertainties and challenges. Analysts have raised price targets for the company, reflecting optimism for its future performance.

Mondelez International, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have published two research reports on Mondelez International, a leading player in the snacking industry. The first report titled “Mondelez International: Cocoa Pricing Strategies & Market Adaptation Driving Our Optimism!” highlights the company’s strong operational performance in the fourth quarter and full year 2024. Mondelez demonstrated mid-single-digit growth in both top-line and gross profit dollars, supported by disciplined pricing and cost management amidst input cost inflation.

In their second report, “Mondelez International Inc.: How Will Strategic Pricing and Revenue Growth Management Influence Their Future Performance? – Major Drivers,” analysts discuss the company’s Third Quarter 2024 earnings report. Mondelez reported a 5.4% growth in organic net revenue, attributed to effective price adjustments and positive volume mix. The company’s performance in both developed and emerging markets, especially in North America and Europe, reflects a robust strategic pricing approach that is driving growth and recovery.

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 solid long-term outlook based on its Smartkarma Smart Scores. The company scores well in Dividend, Resilience, and Momentum, indicating strong potential for growth and stability in the future. With a focus on manufacturing and marketing packaged food products globally, Mondelez International is positioned to continue its success in the industry.

Although Mondelez International‘s Value and Growth scores are slightly lower, the company’s overall outlook remains positive. With a diverse range of products including snacks, beverages, and convenient meals, Mondelez International is well-equipped to adapt to changing market conditions and consumer preferences. Investors may find Mondelez International to be a promising choice for long-term investment based on its strong performance in key areas.

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