Modelez (MDLZ, $49.48) is reportedly in advanced talks for Campbell Soup's (CPB, $38.11) international brands
Confectionery giant Mondelez International, the maker of Oreo cookies and Cadbury chocolates, is reportedly in talks to acquire international brands sold by Campbell Soup Company.
Citing people familiar with the matter and who did not want to be named, a Bloomberg article indicates that Mondelez is negotiating the final terms of a potential deal to buy Arnott’s Biscuits, the Australian maker of Tim Tam cookies, and Danish butter-cookie producer Kelsen Group for a combined price tag of around $2.5 billion. Back in August, Campbell Soup had expressed plans to sell its international and fresh food businesses.
However, the anonymous people mentioned that the deal has not been finalized yet, and there are chances that it could fall apart and/or other buyers might step in. A KKR & Co.-led consortium and Ferrero SpA were earlier among other interested buyers, according to the people (as reported by Bloomberg).
No official statement has come out yet from any of the parties related to the matter.
MDLZ in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 04, 2024
MDLZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 49 cases where MDLZ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for MDLZ just turned positive on November 25, 2024. Looking at past instances where MDLZ's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MDLZ advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 04, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MDLZ as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for MDLZ moved below the 200-day moving average on December 03, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDLZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MDLZ entered a downward trend on December 06, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.315) is normal, around the industry mean (6.522). P/E Ratio (19.268) is within average values for comparable stocks, (26.887). Projected Growth (PEG Ratio) (2.392) is also within normal values, averaging (2.471). Dividend Yield (0.024) settles around the average of (0.043) among similar stocks. P/S Ratio (2.653) is also within normal values, averaging (66.610).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MDLZ’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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General Information
a manufacturer of packaged food products
Industry FoodSpecialtyCandy