Stock Movers: Mondelez, Booking, Chart Industries
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Yahoo
21 minutes ago
- Yahoo
Is Mondelez's Pricing Power Enough to Offset Cocoa Cost Surge?
Mondelez International, Inc. (MDLZ) entered the second quarter of 2025 facing intense cocoa cost inflation, but its pricing power played a pivotal role. Organic net revenues rose 5.6%, fueled by a 7.1 percentage point contribution from pricing, while volume/mix slipped 1.5%. Chocolate, in particular, saw significant price increases and revenue growth management moves that landed largely as planned. Yet even with strong pricing execution, adjusted gross profit margin contracted 680 basis points year over year to 33.7%, due to higher raw material, transportation costs and unfavorable product mix. Management reaffirmed that 2025 adjusted EPS will decline roughly 10% at constant currency, citing cocoa inflation as the key driver. Mondelez is implementing another round of incremental pricing in North America. Rather than targeting only cocoa-intensive products, the company is applying more limited increases broadly across its portfolio, while protecting key formats that consumers favor. It has also introduced multi-wave pricing actions in major emerging markets, including new price points in India and Brazil. On the cost side, Mondelez is seeing material relief in cocoa butter prices, which have dropped to about half last year's peak levels. However, cocoa bean prices remain historically high. Favorable West African crop conditions and strong pod counts point to easing into 2026, and despite low industry stock levels, management expects cocoa prices to eventually decline sooner or later. Mondelez's global presence and brand portfolio are supporting efforts to offset higher cocoa costs through pricing, though margins remain constrained. A full recovery in profitability will depend on a combination of pricing actions and easing input costs over time. Mondelez's Zacks Rank & Share Price Performance Shares of this Zacks Rank #3 (Hold) company have lost 9.2% in the past month compared with the industry's 3.5% decline. MDLZ has also underperformed the broader Consumer Staples sector and the S&P 500 index's growth of 0.2% and 2.1%, respectively, during the same period. MDLZ Stock's Past Month Performance Image Source: Zacks Investment Research Is MDLZ a Value Play Stock? Mondelez currently trades at a forward 12-month P/E ratio of 19.02 compared with the industry average of 15.59 and the sector's 17.19. This valuation places the stock at a premium relative to peers, indicating broader market expectations around its business stability and ability to navigate current cost and demand dynamics. MDLZ Valuation Picture Image Source: Zacks Investment Research Estimate Revisions Favor MDLZ Stock The positive sentiment surrounding MDLZ is reflected in the upward revisions in the Zacks Consensus Estimate for earnings. In the past 30 days, the consensus estimate has moved up a cent to $3.03 per share for the current fiscal year and by 2 cents to $3.35 for the next fiscal year. Image Source: Zacks Investment Research Stocks to Consider Post Holdings, Inc. (POST) operates as a consumer-packaged goods holding company in the United States and internationally. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The consensus estimate for Post Holdings' current fiscal-year sales and earnings indicates growth of 2.8% and 10.9%, respectively, from the prior-year levels. POST delivered a trailing four-quarter earnings surprise of 21.4%, on average. The Chefs' Warehouse, Inc. (CHEF) distributes specialty food and center-of-the-plate products in the United States, the Middle East and Canada. It currently carries a Zacks Rank of 2 (Buy). CHEF delivered a trailing four-quarter earnings surprise of 11.3%, on average. The Zacks Consensus Estimate for The Chefs' Warehouse's current fiscal-year sales and earnings indicates growth of 6.4% and 19.1%, respectively, from the prior-year levels. Ingredion Incorporated (INGR) manufactures and sells sweeteners, starches, nutrition ingredients and biomaterial solutions derived from wet milling and processing corn and other starch-based materials to a range of industries worldwide. It holds a Zacks Rank # 2 at present. INGR delivered a trailing four-quarter earnings surprise of 11.1%, on average. The Zacks Consensus Estimate for Ingredion's current fiscal-year earnings implies growth of 6.7% from the year-ago number. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ingredion Incorporated (INGR) : Free Stock Analysis Report Mondelez International, Inc. (MDLZ) : Free Stock Analysis Report The Chefs' Warehouse, Inc. (CHEF) : Free Stock Analysis Report Post Holdings, Inc. (POST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
4 hours ago
- Bloomberg
Stock Movers: Bullish, CoreWeave, Cisco
On this edition of Stock Movers: - Bullish (BLSH) shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. Shares of the Cayman Islands-based company closed at $68 each on Wednesday in New York, nearly doubling its IPO price of $37 apiece. The offering was upsized earlier in the week to 30 million shares, and the price range was increased. The trading gives Bullish a market value of $9.9 billion based on the outstanding shares listed in its filing. The IPO ended more than 20 times oversubscribed, with about a third of orders receiving no shares at all, people familiar with the matter have said. - Walmart (WMT), Instacart (CART), and Kroger (KR) shares fell after Inc. announced plans to offer same-day grocery delivery in 2,300 cities by the end of the year. Customers will be able to order perishable items such as produce, dairy, meat, seafood and baked goods, alongside frozen foods and household items, the company said in a statement on Wednesday. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities, it said. For non-members, the service carries a $12.99 fee, regardless of order size. - CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported a wider quarterly loss and gave a disappointing earnings outlook, raising concerns about its rapid AI data center expansion pressuring profit margins. Third-quarter operating income will be $160 million to $190 million, the company said Tuesday, underwhelming investors looking to justify a near-quadrupling of its share price since its March debut. Costs are surging, and CoreWeave posted a loss of $131 million for the June quarter — more than 20 times bigger than the loss a year earlier. - Cisco Systems (CSCO) shares fell after the company gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that's roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we're looking for more than $61 billion.
Bloomberg
5 hours ago
- Bloomberg
Stock Movers: Paramount, Bullish, Cisco
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday's 8.4% advance and making it one of today's top performers in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global's merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. - Bullish (BLSH) shares jumped 132% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. The IPO was more than 20 times oversubscribed, people familiar with the matter have said. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filing shows. Its margin and derivatives products aren't currently available in the US or to US users. - Cisco (CSCO) the largest maker of machines that run computer networks and the internet, gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that's roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we're looking for more than $61 billion.
