About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Mondelez International Pricing Power Takes It To New Highs

Mondelez International stock price forecast

Mondelez International's (NASDAQ: MDLZ) Q1 results echo news from top-tier consumer staples brands across verticals. The company has pricing power and underlying demand to support its business, and it is outperforming consensus expectations. The Q1 news has the stock up another 2% in premarket trading, adding to gains posted in the prior session. An increase in guidance supports the move so that it could be the beginning of another rally.

Based on the long-term price action, this market could continue to trend higher over the next few quarters, if not years. The risk is that recent activity has taken the price up nearly vertically and has the market so far above the trend that corrective action or consolidation is inevitable. 

Mondelez International Sweetens The Deal, Raises Guidance

Mondelez International had a robust quarter supported by pricing actions and demand. The company reported $9.17 billion in revenue for a gain of 18.2% compared to last year, and it beat the Marketbeat.com consensus by $0.740 billion. That’s 870 basis points better than expected, and the strength carried through to the bottom line. Growth is up 19.4% organically on a 3.2% increase in volume/mix aided by price increases for most product lines.

On a regional basis, Latin America was strongest, with a gain of 46%, followed by a 27% gain in North America. Europe grew by 12.7% and AMEA by 4% but on an emerging versus developed market basis, EM outpaced DM by more than 500 bps. The takeaway is that growth is present in all regions, and demand trends suggest strength will continue through the end of the year. 

The margin news is mixed, but the results favor higher share prices. The pricing increases offset rising costs to a large degree, but the gross margin declined by 80 bps compared to last year. This is less than expected and offset by a 230 basis points improvement in the operating margin that left the GAAP and adjusted earnings well above the consensus targets.

The GAAP earnings grew by 150% but included 1-offs in the prior year, impacting profitability. The adjusted earnings are up 17.3%, beating the consensus by 1000 basis points. That led management to increase the guidance to top and bottom line growth of at least 10% for the year. 

Share Repurchases Help Lift Mondelez

Mondelez renewed its share repurchase plan last quarter and followed through with repurchases in Q1. Total returns were $0.9 billion, worth about 0.9% of the market cap quarterly or nearly 4.0% annually. That’s almost double the dividend yield which is 2.1%.

The balance sheet is in good shape, so no red flags there. The debt-to-asset ratio is above 0.60, but cash is flat compared to last year, receivables and inventory are up, total assets are up, and long-term debt and total liabilities are down. Assuming this trend continues, the company's ratio will quickly fall. 

The analysts are also helping to lift Mondelez's stock price. The 16 analysts with current ratings on Marketbeat.com’s tracking page rate the stock a Buy, and the price target is trending higher. The consensus target of $75 assumes fair value at the pre-release closing price, but there are already 5 new targets above consensus. Their average is $81.20, a 10% premium to the pre-release price, and the new high is $85. 

The Technical Outlook: Mondelez Uptrend Is Intact 

The Mondelez uptrend is intact, but the nature of the uptrend suggests it could hit a peak soon. The stock is up 36% in 7 months but could sustain a rally given the analysts' targets. Investors should not chase prices higher but wait for consolidations or pull-backs if interested in the stock. There is a good chance the stock will pull back to test support at or near the $75 level and close that gap that will form with today’s opening trade. 

Mondelez International stock price

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.