Currently, there are 552.20M common shares owned by the public and among those 549.06M shares have been available to trade.
The company’s stock has a 5-day price change of -4.42% and -16.99% over the past three months. GIS shares are trading -7.82% year to date (YTD), with the 12-month market performance down to -6.79% lower. It has a 12-month low price of $58.27 and touched a high of $75.90 over the same period. GIS has an average intraday trading volume of 4.08 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.65%, -8.88%, and -13.63% respectively.
Institutional ownership of General Mills, Inc (NYSE: GIS) shares accounts for 80.13% of the company’s 552.20M shares outstanding.
It has a market capitalization of $32.40B and a beta (3y monthly) value of 0.11. The stock’s trailing 12-month PE ratio is 12.79, while the earnings-per-share (ttm) stands at $4.60. The company has a PEG of 5.11 and a Quick Ratio of 0.67 with the debt-to-equity ratio at 1.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.28% over the week and 1.93% over the month.
Analysts forecast that General Mills, Inc (GIS) will achieve an EPS of 1.01 for the current quarter, 0.95 for the next quarter and 4.58 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.95 while analysts give the company a high EPS estimate of 0.95. Comparatively, EPS for the current quarter was 1.17 a year ago. Earnings per share for the fiscal year are expected to decrease by -2.27%, and 3.64% over the next financial year. EPS should shrink at an annualized rate of 2.50% over the next five years, compared to 8.24% over the past 5-year period.
Looking at the support for the GIS, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on December 19, 2024, with the firm’s price target at $75-$64. BofA Securities coverage for the General Mills, Inc (GIS) stock in a research note released on December 13, 2024 offered a Buy rating with a price target of $80. Bernstein on their part issued Mkt Perform rating on May 15, 2024.
