Mondelez International Inc. ($MDLZ) Stock Forecast: Down 2.7% Today

What is Mondelez International Inc.?

Mondelez International Inc (MDLZ) is a global snack company that owns popular brands like Oreo, Cadbury, and Ritz. The overall market sentiment today was bearish, with concerns about high stock market valuations, geopolitical tensions, and potential market corrections.

Why is Mondelez International Inc. going down?

MDLZ stock is down 2.7% on Aug 5, 2024 14:29

• MDLZ reported better-than-expected second-quarter earnings and raised its dividend, which initially led to a positive market sentiment.
• Despite the upbeat earnings, investors may have reacted to the overall bearish market outlook and concerns about a potential economic downturn, leading to a strong bearish movement in MDLZ stock.
• The company's strong profit growth amidst market challenges highlighted in the earnings call may not have been enough to offset broader market pessimism, contributing to the bearish trend in MDLZ stock today.

MDLZ Price Chart

MDLZ News

3 Safe Stocks to Buy to Prepare for a 2025 Bear Market

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. Investors searching for safe stocks for a bear market should start their preparation now. As we get closer to the end of 2024, there are serious risks in the economy that the stock market is simply ignoring. Rising geopolitical tensions in the Middle East, tight labor market conditions and a strong U.S. dollar are all bearish signs.  In addition, the S&P 500 Index may be topped out for the year and ripe for a correction. Technical indicators are flashing sell signals and stock market volatility is likely to persist heading into the 2024 U.S. presidential election. For investors looking to be on the right side of the rotation, considering the companies on this list could be a sound investment strategy.

https://investorplace.com/2024/08/3-safe-stocks-to-buy-to-prepare-for-a-2025-bear-market/

Mondelez International Inc at Evercore ISI Consumer & Retail Conference Transcript

Mondelez International Inc at Evercore ISI Consumer & Retail Conference Transcript

https://www.gurufocus.com/news/2487378/mondelez-international-inc-at-evercore-isi-consumer-retail-conference-transcript

Mondelez International Inc at Deutsche Bank dbAccess Global Consumer Conference Transcript

Mondelez International Inc at Deutsche Bank dbAccess Global Consumer Conference Transcript

https://www.gurufocus.com/news/2487377/mondelez-international-inc-at-deutsche-bank-dbaccess-global-consumer-conference-transcript

Mondelez Analysts Boost Their Forecasts After Upbeat Earnings - Mondelez International ( NASDAQ:MDLZ )

Mondelez International, Inc. MDLZ reported better-than-expected second-quarter adjusted EPS results and raised its dividend on Tuesday. Mondelez International reported quarterly earnings of 86 cents per share which beat the analyst consensus estimate of 79 cents per share.

https://www.benzinga.com/news/earnings/24/07/40078219/mondelez-analysts-boost-their-forecasts-after-upbeat-earnings

Mondelez International Inc (MDLZ) Q2 2024 Earnings Call Transcript Highlights: Strong Profit ...

Mondelez International Inc (MDLZ) Q2 2024 Earnings Call Transcript Highlights: Strong Profit Growth Amidst Market Challenges

https://www.gurufocus.com/news/2486534/mondelez-international-inc-mdlz-q2-2024-earnings-call-transcript-highlights-strong-profit-growth-amidst-market-challenges

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Mondelez International Inc. Price History

15.03.2024 - MDLZ Stock was down 1.6%

• The focus on undervalued packaged-food stocks might have led investors to consider shifting away from Mondelez International Inc. (MDLZ) to explore more lucrative opportunities within the consumer-packaged goods sector.
• Despite being viewed as a stable option amid market fluctuations, uncertainties regarding rate cuts and their potential impact on consumer staples stocks like MDLZ could have contributed to the bearish movement.
• The increase in cocoa prices and recommendations to divest cocoa stocks may have indirectly influenced MDLZ, prompting investors to move their investments from consumer staples to sectors offering potentially higher returns.
• In sum, the decline in MDLZ's stock today likely stemmed from a mix of market dynamics, changing investor sentiment, and external influences such as fluctuations in commodity prices.

27.10.2023 - MDLZ Stock was up 0.2%

• Despite a slight dip in stock futures, MDLZ managed to have a bullish movement, indicating positive investor sentiment.
• The reduction in position by MetLife Investment Management LLC did not have a significant impact on MDLZ's market movement.
• MDLZ's focus on core categories like chocolate and biscuits, along with its pricing actions, contributed to its growth and ability to combat cost inflation.
• The overall strong performance of major indices, such as the S&P 500, in the past month may have provided a favorable market environment for MDLZ's bullish movement.

05.09.2023 - MDLZ Stock was down 5.3%

• The bearish movement in MDLZ stock today could be attributed to several factors:
• 1. Upgrade to "Buy": Despite the upgrade by StockNews.com, the market may not have responded positively to the news, indicating that investors may have different sentiments about the stock's potential.
• 2. Divestiture of Gum Business: The recent conclusion of the divestiture of Mondelez's developed-market gum business could have impacted investor confidence. The sale of a business segment might have raised concerns about the company's overall growth strategy.
• 3. Concerns about Snacking Industry: The rising prevalence of obesity and the success of weight loss drugs like Novo Nordisk's Wegovy and Ozempic may have raised concerns among investors about the future of the snacking industry. This could have indirectly affected Mondelez's stock performance.
• 4. Reduction in Stock Holdings: Allred Capital Management LLC lowering its position in MDLZ stock could have influenced market sentiment, signaling a lack of confidence in the company's prospects.
• Overall, the bearish movement in MDLZ stock today could be a result of a combination of factors, including market volatility, concerns about the snacking industry, and investor sentiment influenced by recent news and events.

27.10.2023 - MDLZ Stock was up 1.1%

• The bullish movement in MDLZ today can be attributed to several factors:
• 1. Reduction in position by MetLife Investment Management LLC: Despite the decrease in position by MetLife, the market may have interpreted this move as a positive signal, indicating confidence in the company's future prospects.
• 2. Focus on core categories: Mondelez's emphasis on its core chocolate and biscuit categories, coupled with pricing actions to combat cost inflation, has likely bolstered investor confidence in the company's growth potential.
• 3. Market jitters and reliable stocks: The article mentioning reliable picks for a volatile market may have influenced investors to seek out stable and dependable stocks like MDLZ, leading to increased buying activity.
• 4. Inclusion in top stock reports: Being featured in top stock reports alongside other major companies like Procter & Gamble and Novartis could have also generated positive sentiment and attracted investor attention to MDLZ.
• Overall, the bullish movement in MDLZ today can be attributed to a combination of factors, including positive market sentiment, the company's strategic focus, and favorable coverage in stock reports.

28.06.2023 - MDLZ Stock was up 2.1%

• The bullish movement in MDLZ stock today can be attributed to several factors:
• 1. Strong Q2 Earnings: Mondelez International reported better-than-expected earnings and revenue for the second quarter of the year. This positive financial performance indicates the company's ability to generate growth and profitability, which has likely attracted investors.
• 2. Increased Growth Forecast: Mondelez International increased its growth forecast, citing higher demand for cookies and sweets. This indicates that the company is experiencing strong consumer demand for its products, which bodes well for its future revenue and market position.
• 3. Positive Market Sentiment: The overall market sentiment towards Mondelez International seems to be positive, as indicated by the rally in Roku shares and other positive movers in the market. This positive sentiment may have influenced investors to buy MDLZ stock, contributing to its bullish movement.
• In summary, Mondelez International's bullish movement today can be attributed to its strong Q2 earnings, increased growth forecast, and positive market sentiment. The company's popular brands and ability to meet consumer demand for snacks have likely contributed to its positive market performance.

11.06.2023 - MDLZ Stock was down 3.0%

• The bearish movement in MDLZ's stock today could be attributed to the following factors:
• 1. Accusations of breaking promises to leave Russia: The exclusive article accusing Mondelez of breaking promises to leave Russia may have raised concerns among investors about potential legal and reputational risks for the company, leading to a bearish sentiment.
• 2. Business boom in Russia after Putin invaded Ukraine: The article highlighting a business boom for Mondelez in Russia following the Ukraine invasion might seem contradictory to the bearish movement. However, it's important to note that market movements are influenced by a multitude of factors, and geopolitical events can have complex and unpredictable impacts on stock prices.
• 3. Allergy alert and product recalls: The news of belVita breakfast sandwiches being recalled due to potential peanut contamination could have negatively affected investor confidence in Mondelez's product quality and safety standards, contributing to the bearish market movement.
• 4. Debt overview and stock performance: The article mentioning Mondelez's debt and its stock rising by 3.78% in the past three months indicates that debt might not be the primary driver of the bearish movement today. However, it's worth considering the overall debt situation and its potential impact on the company's financial health and investor sentiment in the long term.

05.07.2024 - MDLZ Stock was down 2.7%

• MDLZ reported better-than-expected second-quarter earnings and raised its dividend, which initially led to a positive market sentiment.
• Despite the upbeat earnings, investors may have reacted to the overall bearish market outlook and concerns about a potential economic downturn, leading to a strong bearish movement in MDLZ stock.
• The company's strong profit growth amidst market challenges highlighted in the earnings call may not have been enough to offset broader market pessimism, contributing to the bearish trend in MDLZ stock today.