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Best Confectioner Stocks to Buy Now (2024)
Top confectioner stocks in 2024 ranked by overall Zen Score. See the best confectioner stocks to buy now, according to analyst forecasts for the confectioners industry.

Industry: Confectioners
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
MDLZ
MONDELEZ INTERNATIONAL INC
United States
$94.39B1,346,477,41179.20%6.76%Net SellingNet Selling
HSY
HERSHEY CO
United States
$39.51B203,949,95683.65%2.02%Net BuyingNet Selling
TR
TOOTSIE ROLL INDUSTRIES INC
United States
$2.29B71,526,87514.29%68.60%
RMCF
ROCKY MOUNTAIN CHOCOLATE FACTORY INC
United States
$23.49M6,315,25915.39%84.61%Net BuyingNet Buying

Confectioner Stocks FAQ

What are the best confectioner stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best confectioner stocks to buy right now are:

1. Mondelez International (NASDAQ:MDLZ)


Mondelez International (NASDAQ:MDLZ) is the top confectioner stock with a Zen Score of 46, which is 10 points higher than the confectioner industry average of 36. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mondelez International has seen its stock return 1.36% over the past year, overperforming other confectioner stocks by 20 percentage points.

Mondelez International has an average 1 year price target of $80.11, an upside of 14.28% from Mondelez International's current stock price of $70.10.

Mondelez International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Mondelez International, 88.89% have issued a Strong Buy rating, 11.11% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hershey Co (NYSE:HSY)


Hershey Co (NYSE:HSY) is the second best confectioner stock with a Zen Score of 45, which is 9 points higher than the confectioner industry average of 36. It passed 16 out of 38 due diligence checks and has strong fundamentals. Hershey Co has seen its stock lose -22.79% over the past year, underperforming other confectioner stocks by -4 percentage points.

Hershey Co has an average 1 year price target of $210.53, an upside of 8.68% from Hershey Co's current stock price of $193.71.

Hershey Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 15 analysts covering Hershey Co, 13.33% have issued a Strong Buy rating, 6.67% have issued a Buy, 73.33% have issued a hold, while 0% have issued a Sell rating, and 6.67% have issued a Strong Sell.

3. Tootsie Roll Industries (NYSE:TR)


Tootsie Roll Industries (NYSE:TR) is the third best confectioner stock with a Zen Score of 43, which is 7 points higher than the confectioner industry average of 36. It passed 15 out of 38 due diligence checks and has strong fundamentals. Tootsie Roll Industries has seen its stock lose -26.5% over the past year, underperforming other confectioner stocks by -8 percentage points.

What are the confectioner stocks with highest dividends?

Out of 3 confectioner stocks that have issued dividends in the past year, the 3 confectioner stocks with the highest dividend yields are:

1. Mondelez International (NASDAQ:MDLZ)


Mondelez International (NASDAQ:MDLZ) has an annual dividend yield of 2.92%, which is 1 percentage points higher than the confectioner industry average of 2.16%. Mondelez International's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Mondelez International's dividend has shown consistent growth over the last 10 years.

Mondelez International's dividend payout ratio of 44.5% indicates that its dividend yield is sustainable for the long-term.

2. Hershey Co (NYSE:HSY)


Hershey Co (NYSE:HSY) has an annual dividend yield of 2.47%, which is the same as the confectioner industry average of 2.16%. Hershey Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hershey Co's dividend has shown consistent growth over the last 10 years.

Hershey Co's dividend payout ratio of 51.5% indicates that its dividend yield is sustainable for the long-term.

3. Tootsie Roll Industries (NYSE:TR)


Tootsie Roll Industries (NYSE:TR) has an annual dividend yield of 1.1%, which is -1 percentage points lower than the confectioner industry average of 2.16%. Tootsie Roll Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tootsie Roll Industries's dividend has shown consistent growth over the last 10 years.

Tootsie Roll Industries's dividend payout ratio of 27.3% indicates that its dividend yield is sustainable for the long-term.

Why are confectioner stocks up?

Confectioner stocks were up 1% in the last day, and down -2.08% over the last week.

We couldn't find a catalyst for why confectioner stocks are up.

What are the most undervalued confectioner stocks?

Based on WallStreetZen's Valuation Score, the 1 most undervalued confectioner stocks right now are:

1. Mondelez International (NASDAQ:MDLZ)


Mondelez International (NASDAQ:MDLZ) is the most undervalued confectioner stock based on WallStreetZen's Valuation Score. Mondelez International has a valuation score of 57, which is 28 points higher than the confectioner industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Mondelez International's stock has gained 1.36% in the past year. It has overperformed other stocks in the confectioner industry by 20 percentage points.

Are confectioner stocks a good buy now?

50% of confectioner stocks rated by analysts are a strong buy right now. On average, analysts expect confectioner stocks to rise by 10.17% over the next year.

What is the average p/e ratio of the confectioners industry?

The average P/E ratio of the confectioners industry is 19.8x.
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