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Recommendations
Mizuho recommends buying three food stocks on recent selloff » 06:40
05/19/22
05/19
06:40
05/19/22
06:40
SMPL

Simply Good Foods

$37.50 /

-2.6 (-6.48%)

, BRBR

BellRing Brands

$24.88 /

-0.92 (-3.57%)

, MDLZ

Mondelez

$60.95 /

-4.77 (-7.26%)

Mizuho analyst John…

Mizuho analyst John Baumgartner recommends buying shares of Simply Good Foods (SMPL), BellRing Brands (BRBR) and Mondelez (MDLZ) on the recent weakness. Retailer earnings have spurred concerns for the continuation of suppliers' inflation pass-through, Baumgartner tells investors in a research note. However, the analyst believes the three companies are well positioned in the current environment.

ShowHide Related Items >><<
SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

04/07/22 Goldman Sachs
Simply Good Foods price target raised to $50 from $45 at Goldman Sachs
04/07/22 Stephens
Simply Good Foods price target raised to $44 from $41 at Stephens
04/07/22 Deutsche Bank
Simply Good Foods price target raised to $48 from $45 at Deutsche Bank
04/07/22 Mizuho
Simply Good Foods price target raised to $48 from $46 at Mizuho
BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

05/09/22 JPMorgan
BellRing Brands added to Analyst Focus List at JPMorgan
05/09/22 Mizuho
BellRing Brands added to 'Top Picks,' target raised at Mizuho
05/09/22 Citi
BellRing Brands resumed with a Buy at Citi
05/03/22 Mizuho
BellRing Brands price target lowered to $30 from $33 at Mizuho
MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

SMPL Simply Good Foods
$37.50 /

-2.6 (-6.48%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

BRBR BellRing Brands
$24.88 /

-0.92 (-3.57%)

MDLZ Mondelez
$60.95 /

-4.77 (-7.26%)

Over a week ago
Hot Stocks
Trian exits Comcast position, increases stake in Invesco » 14:43
05/14/22
05/14
14:43
05/14/22
14:43
CMCSA

Comcast

$41.48 /

+0.07 (+0.17%)

, IVZ

Invesco

$17.84 /

+0.56 (+3.24%)

, MDLZ

Mondelez

$66.38 /

+0.7 (+1.07%)

, GE

General Electric

$74.99 /

+1.69 (+2.31%)

, JHG

Janus Henderson Group

$27.41 /

+1.48 (+5.71%)

, FERG

Ferguson

/

+

, SYY

Sysco

$84.73 /

+2.23 (+2.70%)

, PG

Procter & Gamble

$153.70 /

+1.75 (+1.15%)

, WEN

Wendy's

$17.31 /

+0.125 (+0.73%)

Nelson Peltz's Trian…

Nelson Peltz's Trian Fund Management disclosed in an SEC filing its holdings as of March 31, 2022. Trian exited one position during the quarter, Comcast (CMCSA). Trian increased its stake in five holdings, including by size of previous position, Invesco (IVZ), Mondelez (MDLZ), General Electric (GE), Janus Henderson (JHG), and Ferguson (FERG). Trian reduced its stake in two holdings, including by size of previous position, Sysco (SYY) and Procter & Gamble (PG). Trian's top holdings as of March 31, in order of size, were Ferguson, Invesco, Janus Henderson, Sysco, and Wendy's (WEN).

ShowHide Related Items >><<
WEN Wendy's
$17.31 /

+0.125 (+0.73%)

SYY Sysco
$84.73 /

+2.23 (+2.70%)

PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

JHG Janus Henderson Group
$27.41 /

+1.48 (+5.71%)

IVZ Invesco
$17.84 /

+0.56 (+3.24%)

GE General Electric
$74.99 /

+1.69 (+2.31%)

FERG Ferguson
/

+

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

05/06/22 Truist
Cable One price target lowered to $1,400 from $2,000 at Truist
04/29/22 Morgan Stanley
Comcast price target lowered to $55 from $60 at Morgan Stanley
04/29/22 Needham
Accolade price target lowered to $12 from $33 at Needham
04/29/22 Deutsche Bank
Comcast price target lowered to $60 from $62 at Deutsche Bank
IVZ Invesco
$17.84 /

+0.56 (+3.24%)

04/27/22 Deutsche Bank
Invesco price target lowered to $24 from $26 at Deutsche Bank
04/27/22 Citi
Invesco price target lowered to $22.50 from $26 at Citi
04/12/22 Citi
Invesco price target lowered to $26 from $32 at Citi
04/12/22 Keefe Bruyette
Invesco downgraded to Market Perform from Outperform at Keefe Bruyette
MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
GE General Electric
$74.99 /

+1.69 (+2.31%)

05/11/22 Wolfe Research
GE trades at 'sizable' sum-of-the-parts discount, says Wolfe Research
04/29/22 Barclays
General Electric price target lowered to $100 from $115 at Barclays
04/27/22 BofA
General Electric price target lowered to $120 from $132 at BofA
04/27/22 Deutsche Bank
General Electric price target lowered to $107 from $118 at Deutsche Bank
JHG Janus Henderson Group
$27.41 /

+1.48 (+5.71%)

05/05/22 Deutsche Bank
Janus Henderson Group price target lowered to $25 from $31 at Deutsche Bank
02/18/22 Deutsche Bank
Janus Henderson Group price target lowered to $33 from $36 at Deutsche Bank
02/04/22 Macquarie
Janus Henderson Group downgraded to Neutral from Outperform at Macquarie
07/20/21 Citi
Janus Henderson Group downgraded to Neutral from Buy at Citi
FERG Ferguson
/

+

05/12/22 Credit Suisse
Ferguson price target lowered to 10,365 GBp from 11,475 GBp at Credit Suisse
04/25/22 Truist
Ferguson price target lowered to $165 from $180 at Truist
04/22/22 Barclays
Ferguson initiated with an Overweight at Barclays
04/13/22 Deutsche Bank
Ferguson downgraded to Hold from Buy at Deutsche Bank
SYY Sysco
$84.73 /

+2.23 (+2.70%)

05/11/22 CL King
Sysco estimates raised at CL King after 'robust' Q3 results
05/11/22 Deutsche Bank
Sysco price target raised to $84 from $82 at Deutsche Bank
05/11/22 Morgan Stanley
Sysco price target raised to $94 from $86 at Morgan Stanley
05/11/22 Credit Suisse
Sysco price target raised to $107 from $97 at Credit Suisse
PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

04/22/22 Barclays
Procter & Gamble price target raised to $176 from $167 at Barclays
04/21/22 Jefferies
Procter & Gamble price target raised to $185 from $179 at Jefferies
04/21/22 Deutsche Bank
Procter & Gamble price target raised to $177 from $173 at Deutsche Bank
04/21/22 Raymond James
Procter & Gamble price target raised to $180 from $175 at Raymond James
WEN Wendy's
$17.31 /

+0.125 (+0.73%)

05/12/22 Truist
Wendy's price target lowered to $27 from $29 at Truist
05/12/22 Wedbush
Wendy's price target lowered to $23 from $28.50 at Wedbush
05/12/22 Deutsche Bank
Wendy's price target lowered to $20 from $26 at Deutsche Bank
05/12/22 Barclays
Wendy's price target lowered to $25 from $28 at Barclays
WEN Wendy's
$17.31 /

+0.125 (+0.73%)

SYY Sysco
$84.73 /

+2.23 (+2.70%)

PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

JHG Janus Henderson Group
$27.41 /

+1.48 (+5.71%)

IVZ Invesco
$17.84 /

+0.56 (+3.24%)

GE General Electric
$74.99 /

+1.69 (+2.31%)

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

WEN Wendy's
$17.31 /

+0.125 (+0.73%)

SYY Sysco
$84.73 /

+2.23 (+2.70%)

PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

GE General Electric
$74.99 /

+1.69 (+2.31%)

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

WEN Wendy's
$17.31 /

+0.125 (+0.73%)

SYY Sysco
$84.73 /

+2.23 (+2.70%)

PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

GE General Electric
$74.99 /

+1.69 (+2.31%)

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

SYY Sysco
$84.73 /

+2.23 (+2.70%)

PG Procter & Gamble
$153.70 /

+1.75 (+1.15%)

MDLZ Mondelez
$66.38 /

+0.7 (+1.07%)

IVZ Invesco
$17.84 /

+0.56 (+3.24%)

GE General Electric
$74.99 /

+1.69 (+2.31%)

FERG Ferguson
/

+

CMCSA Comcast
$41.48 /

+0.07 (+0.17%)

Hot Stocks
CFTC settles enforcement action against Kraft, Mondelez » 15:49
05/13/22
05/13
15:49
05/13/22
15:49
KHC

Kraft Heinz

$44.21 /

+1.165 (+2.71%)

, MDLZ

Mondelez

$66.26 /

+0.58 (+0.88%)

The Commodity Futures…

The Commodity Futures Trading Commission announced that a federal court entered a consent order resolving the CFTC's action against defendants Kraft Foods Group (KHC) and Mondelez (MDLZ). The consent order includes an injunction and requires payment of a $16M penalty. The order, entered today, by the Honorable Judge John Robert Blakey of the U.S. District Court for the Northern District of Illinois, stems from a complaint filed by the CFTC in 2015. Division of Enforcement staff members primarily responsible for this case are Robert Howell, Joseph Patrick, Doug Snodgrass, Ashley Burden, and Scott Williamson, as well as former staff members Michael Frisch, Jennifer Smiley, Stephanie Reinhart, Neel Chopra, Susan Gradman and Rosemary Hollinger. Office of General Counsel staff responsible for this case are Raagnee Beri, Alex Case, Martin White, Anne Stukes and Robert Schwartz. Additional Enforcement staff who assisted are Jonah McCarthy, Jeffrey LeRiche and Charles Marvine. Division of Market Oversight staff members who also provided assistance are David Amato, Gene Kunda, Christa Lachenmayr and Jerry Lavin. Reference Link

ShowHide Related Items >><<
MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

KHC Kraft Heinz
$44.21 /

+1.165 (+2.71%)

KHC Kraft Heinz
$44.21 /

+1.165 (+2.71%)

05/09/22 BofA
Coca-Cola, Kraft Heinz added to 'US 1' list at BofA
04/28/22 BMO Capital
Kraft Heinz price target raised to $46 from $41 at BMO Capital
03/30/22 UBS
Kraft Heinz initiated with a Neutral at UBS
02/22/22 Stifel
Kraft Heinz new growth outlook 'is encouraging,' says Stifel
MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

KHC Kraft Heinz
$44.21 /

+1.165 (+2.71%)

  • 18
    Nov
MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

KHC Kraft Heinz
$44.21 /

+1.165 (+2.71%)

MDLZ Mondelez
$66.26 /

+0.58 (+0.88%)

KHC Kraft Heinz
$44.21 /

+1.165 (+2.71%)

Hot Stocks
Mondelez sees adjusted EPS growth in high single digits on CC basis » 09:04
05/10/22
05/10
09:04
05/10/22
09:04
MDLZ

Mondelez

$66.30 /

+0.57 (+0.87%)

The company continues to…

The company continues to expect Adjusted EPS growth on a constant currency basis in the high single digits and gradually increasing Free Cash Flow of $3 billion plus over the long term. The company is confident it can accelerate and sustain profitable growth and achieve this refined long-term algorithm as a result of: Increasing portfolio focus on the core of chocolate and biscuits; Taking both organic and inorganic steps to fill geographic white spaces; Expanding distribution in high-growth channels where the company has clear headroom to grow Increasing presence in under-represented segments and price tiers.

ShowHide Related Items >><<
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

Hot Stocks
Mondelez to divest developed market gum business, global Halls business » 09:03
05/10/22
05/10
09:03
05/10/22
09:03
MDLZ

Mondelez

$66.30 /

+0.57 (+0.87%)

The company announced…

The company announced plans to divest its developed market gum business after completing a strategic review over the past year. The company also disclosed its intention to divest the global Halls business. Mondelez International will continue to operate other brands and products within its candy business, as well as its emerging market gum business.

ShowHide Related Items >><<
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

Hot Stocks
Mondelez updates long-term algorithm to 3%-5% organic net revenue growth » 09:03
05/10/22
05/10
09:03
05/10/22
09:03
MDLZ

Mondelez

$66.30 /

+0.57 (+0.87%)

The company is updating…

The company is updating its long-term algorithm to 3% - 5% Organic Net Revenue growth, up from previous guidance of 3% plus. The Company will continue to prioritize Growth, Execution and Culture as three pillars of its strategy - investing in differentiated marketing and sales capabilities, while strengthening its local-first operating model to further empower employees and promote a growth culture.

ShowHide Related Items >><<
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

04/27/22 Mizuho
Mondelez price target lowered to $75 from $77 at Mizuho
04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

MDLZ Mondelez
$66.30 /

+0.57 (+0.87%)

Recommendations
Mondelez price target lowered to $75 from $77 at Mizuho » 06:43
04/27/22
04/27
06:43
04/27/22
06:43
MDLZ

Mondelez

$64.06 /

-1.74 (-2.64%)

Mizuho analyst John…

Mizuho analyst John Baumgartner lowered the firm's price target on Mondelez to $75 from $77 and keeps a Buy rating on the shares. The company delivered big revenue and earnings beats in Q1 behind pricing, volume and margins, Baumgartner tells investors in a research note.

ShowHide Related Items >><<
MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
01/26/22 Mizuho
Mondelez initiated with a Buy at Mizuho
MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

MDLZ Mondelez
$64.06 /

-1.74 (-2.64%)

Earnings
Mondelez sees mid-to-high single digit adjusted EPS growth for FY22 » 16:12
04/26/22
04/26
16:12
04/26/22
16:12
MDLZ

Mondelez

$64.12 /

-1.68 (-2.55%)

The company is updating…

The company is updating its FY22 outlook to reflect expectations for continued top-line growth, higher cost of goods sold inflation, the timing effect of additional pricing actions and the impact of the war in Ukraine. For 2022, the company now expects 4%+ organic net revenue growth, which reflects the strength of its first quarter and higher pricing related to increased input costs. The company also now expects mid-to-high single digit adjusted EPS growth on a constant currency basis due to the current estimates of the loss of earnings from the war in Ukraine and material commodity cost increases due primarily to increases in energy costs. The company's free cash flow outlook remains at $3B+. The company estimates currency translation would decrease 2022 net revenue growth by approximately 3% with a negative 17c impact to adjusted EPS. Outlook is provided in the context of greater than usual volatility as a result of COVID-19 and geopolitical uncertainty.

ShowHide Related Items >><<
MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
01/26/22 Mizuho
Mondelez initiated with a Buy at Mizuho
MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

MDLZ Mondelez
$64.12 /

-1.68 (-2.55%)

Earnings
Mondelez reports Q1 adjusted EPS 84c, consensus 74c » 16:10
04/26/22
04/26
16:10
04/26/22
16:10
MDLZ

Mondelez

$64.22 /

-1.58 (-2.40%)

Reports Q1 revenue…

Reports Q1 revenue $7.76B, consensus $7.39B. "We delivered strong top-line results in our first quarter, driven by higher pricing and strong volume growth. Our chocolate and biscuit businesses continue to power our virtuous cycle of attractive revenue growth, strong profitability and robust cash flow," said CEO Dirk Van de Put, "Demand remains strong across both developed and emerging markets, with all our regions posting growth. We expect elevated levels of input cost inflation to continue through the remainder of the year, and we will continue to take necessary actions to offset this dynamic - including a broader revenue growth management agenda, ongoing cost discipline, and further simplification within our business. We remain confident in our strategy and ability to create long-term value, while recognizing the need to stay agile to navigate the dynamic economic and geopolitical environment."

ShowHide Related Items >><<
MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
01/26/22 Mizuho
Mondelez initiated with a Buy at Mizuho
MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

MDLZ Mondelez
$64.22 /

-1.58 (-2.40%)

Options
Mondelez options imply 3.3% move in share price post-earnings » 15:34
04/26/22
04/26
15:34
04/26/22
15:34
MDLZ

Mondelez

$64.46 /

-1.34 (-2.04%)

Pre-earnings options…

Pre-earnings options volume in Mondelez is 2.4x normal with puts leading calls 2:1. Implied volatility suggests the market is anticipating a move near 3.3%, or $2.10, after results are released. Median move over the past eight quarters is 1.8%.

ShowHide Related Items >><<
MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

04/12/22 Credit Suisse
Mondelez reinstated with an Outperform at Credit Suisse
03/30/22 UBS
Mondelez initiated with a Buy at UBS
01/31/22 BMO Capital
Mondelez price target raised to $75 from $67 at BMO Capital
01/26/22 Mizuho
Mondelez initiated with a Buy at Mizuho
MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

MDLZ Mondelez
$64.46 /

-1.34 (-2.04%)

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