What is Mars Candy’s stock price, and are they publicly traded? Investors cannot purchase shares of Mars Candy because they are a private company. Hershey Company (NYSE: HSY) and Mondelez (NASDAQ: MDLZ) are chocolate companies that traders can invest in.
According to science, chocolate is good for our health…Besides being delicious, chocolate can be good for at least one other thing – lining your pocketbook! Mars has been a leader in the chocolate industry for over 100 years. So, how about some Mars stock? Read on to learn about investing in Mars Stock – and the chocolate industry in general!
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Mars Candy Introduction (No Stock Symbol)
Like Walmart, Mars is a big name. With an estimated wealth of $126.5 billion and annual sales of $18 billion, the Mars family and brand is the Walmart of candy. Ranked as the 6th largest privately held company in the US by Forbes, they are an industry giant.
Mars may be best known for its chocolate bar; it is only a small piece of a vast puzzle. The Mars brand covers everything from confectionery to pet food.
This includes many famous brands from Skittles, Snickers, Pedigree, Whiskas, and Uncle Ben’s…you get the point. The corporate name since 2016 has been Mars Wrigley after Mars purchased the chewing gum behemoth from Warren Buffet’s Berkshire Hathaway.
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Considering that the global chocolate market is forecasted to reach $139.94 billion by 2024, consider taking a bite out of this giant.
But if you want to take a bite of Mars candy stock, you won’t be able to. Mars has been a privately held company since its founding in 1883. However, I have a few more bars up my sleeve you may be interested in.
Why Mars Stock Remains Private
While Mars Inc. may be the third-largest privately held company in the US, it hasn’t told the public much about itself.
Since 1911, the family has remained tight-lipped. Given the fact that they don’t have to disclose a peep of information – they are private, and they have few reasons to change.
Unlike competitors Hershey Co. and Modelez, both traded on the NYSE, Mars Inc. has no intention of following suit.
Part of the reasoning could be that private firms can keep some basic information off-limits to competitors.
Information such as how much they spent on advertising or how much they paid their CEO. By comparison, public firms must air their dirty and not-so-dirty laundry with the SEC quarterly.
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Is Mars Owned by Nestle?
We’ve all heard of Nestle. Nestle is a Swiss company and has been the largest food company in the world since 2014. Do they own Mars? The answer is no. They’re two of the largest chocolate producers in the world, however. But you can’t buy Mars stock because they’re a private company.
Before I get into the alternatives to Mars candy stock, please remember that we are battling the coronavirus. I’m sure you’re quite aware of COVID-19, but the quarterly results for these long-standing companies may look a little different for a few quarters than their long-term trends. The volatility in markets has a lot of stocks moving every day.
Mars Stock Competitors
Have you heard of the term Big Chocolate before? The idea is that a few brands dominate much of the chocolate and confectionery industry. This term rode on the coattails of Big Tobacco and Big Oil.
The “Big Chocolate” companies under this umbrella are Mondelez, Mars Wrigley, Nestlé, and The Hershey Company.
These companies process about 12% of the world’s 3 million tons of cocoa yearly. How impressive is that?! Check out our stock watch lists for stocks that have good trading setups.
Hershey ($HSY) TipRanks Stock Forecast Report 3/24
1. The Hershey Company ($HSY)
The name Hershey is synonymous with chocolate. What’s important to note is that this stock has historically been an out-performer. It has beaten the S&P 500 over the last ten years!
In March, Hershey’s retail sales growth registered 10% but dropped after that. Unfortunately, even though sales in North America grew 2.1%, it was their second-lowest quarterly sales growth in two years. But it’s not all doom and gloom; their Q1 net sales rose by 1% year over year to $2.04 billion.
The Q2 results didn’t fair so well. Hershey’s net income declined 14% compared to the same quarter in 2019. Hershey’s stock is down 7.5% from its pre-crisis high and pays a 2.15% dividend.
It’s important to point out that this iconic brand has been around for 125 years. To say they’re resilient is an understatement.
They’ve outlasted depressions, wars, and even pandemics. I see no reason they won’t come out of this just fine! And Hershey is good for stock trading.
2. Mondelez ($MDLZ)
Undoubtedly, you’ve heard of those companies listed above, but you probably haven’t heard of Mondelez.
Mondelez International is a world leader in biscuits, chocolate, gum, candy, and powdered beverages. Despite possibly not hearing about Mondelez, you’ve heard of some of the iconic brands it owns, like Cadbury, Chips Ahoy!, Ritz, Trident, or maybe even some of their chocolate brands like Toblerone.
Luckily for you, Mondelez is listed on the stock market. So even though you can’t buy Mars Inc. stock, you can buy Mondelez stock. Mondelez is a much larger company than Hershey, with a market cap of around $83 billion compared to Hershey’s $30 billion.
Like Hershey, Mondelez reported a great Q1 but then saw sales slow down in Q2, and with increased costs related to the pandemic, earnings declined by 32% year over year.
Despite the larger earnings decline, Mondelez stock is currently trading back at its previous highs, and its dividend yield matches $HSY – 2.16%; this may be one stock to stockpile. Ensure you take our trading courses to know the best time to buy.
Final Thoughts: Mars Stock
With the S&P 500 back at all-time highs despite a global pandemic and resulting recession, you’re probably wondering if now is the time to invest.
A better approach as a long-term investor is to spend your time looking for undervalued companies to buy instead of trying your hand at timing the market.
As always, I suggest you do your due diligence and research before buying any stock—especially one you plan on holding for the long haul. Thanks for reading our Mars stock review! Now treat yourself to some chocolate!
Frequently Asked Questions
Mars Inc. is a privately held company that does not have a stock symbol. They produce some of the world's best candy, pet care, food, and beverage products.
Investors cannot buy stock in Mars Inc because they are a privately held company.
Badger, their owner, said, "We're 100% committed to staying private. It allows us to pursue our own path and future and invest in the long term. Staying private allows the company flexibility that many public companies could only dream of."