Mondelez International Inc (MDLZ): Today's Featured Consumer Goods Laggard
(
) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Mondelez International fell $0.32 (-1.0%) to $29.86 on light volume. Throughout the day, 7,674,648 shares of Mondelez International exchanged hands as compared to its average daily volume of 10,933,700 shares. The stock ranged in price between $29.75-$30.18 after having opened the day at $30.10 as compared to the previous trading day's close of $30.18. Other companies within the Consumer Goods sector that declined today were:
(
), down 21.0%,
(
), down 14.3%,
(
), down 8.1% and
(
), down 7.9%.
Mondelez International, Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. Mondelez International has a market cap of $54.2 billion and is part of the food & beverage industry. Shares are up 19.3% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Mondelez International a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Mondelez International
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.
- You can view the full Mondelez International Ratings Report.
On the positive front,
(
), up 22.0%,
Ever-Glory International Group
(
), up 12.5%,
(
), up 9.7% and
(
), up 7.4%.
- Use our consumer goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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