The shares jumped on the chief financial officer's comments. He believes investors will be impressed by the food company's third-quarter performance.
Mondelez International, Inc. (NASDAQ:MDLZ ) Barclays Global Consumer Staples Conference September 4, 2024 9:00 AM ET Company Participants Dirk Van de Put - Chairman and CEO Luca Zaramella - CFO Conference Call Participants Andrew Lazar - Barclays Andrew Lazar Perfect, all right. If we could all find our seats, we'll kick off our next fireside chat with Mondelez.
Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Kerry Group PLC (KRYAY) and Mondelez (MDLZ). But which of these two stocks is more attractive to value investors?
The aim of this article today is to give an updated view of Mondelez's business and its valuation to our readers. Using a dividend discount model, the fair value estimate of MDLZ's stock is $68 per share, potentially reaching $126 per share when considering the positive impacts of the share buybacks. Despite declining volume/mix, MDLZ has shown organic sales growth in both emerging and developing markets, across all of its segments, making it an attractive investment option for dividend investors.
Mondelez is a global leader in chocolate, biscuits, and baked snacks. In an incredibly resilient industry, the company has proven to be very stable.
Examine the evolution of Mondelez's (MDLZ) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
There is no debating that stock market valuations are sky high right now. While the Federal Reserve hinted at rate cuts in September at its latest Federal Open Market Committee (FOMC) meeting, that doesn't mean that stocks are setting up for new highs.
With sector rotation upon us, it is time for investors to take a more significant bite out of safe-haven names like Mondelez NASDAQ: MDLZ. The rotation is due to the recent inflation data and FOMC policy statement, which were sell-the-news events.
Mondelez (MDLZ) posts soft sales in second-quarter 2024, whereas organic revenues grow 2.5%. Strong pricing and cost management actions also fuel bottom-line growth.
Mondelez International, Inc. MDLZ reported better-than-expected second-quarter adjusted EPS results and raised its dividend on Tuesday.
Mondelez International, Inc. (NASDAQ:MDLZ ) Q2 2024 Earnings Call Transcript July 30, 2024 5:00 PM ET Company Participants Shep Dunlap - SVP, IR Dirk Van de Put - Chairman and CEO Luca Zaramella - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Alexia Howard - Bernstein Michael Lavery - Piper Sandler Tom Palmer - Citi Peter Galbo - Bank of America Matt Smith - Stifel Operator Good day and welcome to the Mondelez International Second Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelez management and the question-and-answer session.
The headline numbers for Mondelez (MDLZ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.