21 Jul

How Mondelez Compares to Key Moving Averages

WRITTEN BY Sushree Mohanty

Moving averages

On July 19, 2016, Mondelez (MDLZ) closed at $45.58. The stock is trading 5.5% above its 100-day, 2.5% above its 50-day, and 2.1% above its 20-day moving averages, respectively. Mondelez’s peers in the industry include Hershey (HSY), Kraft Heinz (KHC), and Kellogg (K).

How Mondelez Compares to Key Moving Averages

Hershey closed at $109.34 on July 19. This was 15% above its 100-day moving average, 11.3% above its 50-day moving average, and 3.6% above its 20-day moving average. On July 19, Kraft Heinz closed at $88.97. This was 11%, 6%, and 4% above its 100-day, 50-day, and 20-day moving averages, respectively.

Kellogg is trading 13%, 12%, and 7% above its 100-day, 50-day, and 20-day moving averages, respectively. Kellogg closed at $86.98 on July 19.

The First Trust Consumer Staples AlphaDEX Fund (FXG) invests 5.1% of its holdings in MDLZ. FXG is trading 4.8%, 3.0%, and 1.9% above its 100-day, 50-day, and 20-day moving averages. It closed at $49.05 on July 19. The First Trust NASDAQ-100 Equal Weighted IndexSMFund (QQEW) also invests in MDLZ.

Analyst estimates

Analyst estimates indicate rises of 7% for Mondelez and 2% for Kraft Heinz over the next 12 months. Meanwhile, Hershey and Kellogg already beat estimates by 14% and 11%.

As of July 19, Mondelez, Hershey, Kraft Heinz, and Kellogg saw YTD (year-to-date) returns of 4%, 24%, 22%, and 21%, respectively. FXG has risen 10.3% YTD.

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