General Mills, Inc (GIS) concluded trading on Thursday at a closing price of $59.24, with 4.97 million shares of worth about $294.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.79% during that period and on February 06, 2025 the price saw a loss of about -0.52%. Currently the company’s common shares owned by public are about 552.20M shares, out of which, 549.24M shares are available for trading.
Stock saw a price change of -2.32% in past 5 days and over the past one month there was a price change of -3.67%. Year-to-date (YTD), GIS shares are showing a performance of -7.10% which decreased to -6.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.94 but also hit the highest price of $75.90 during that period. The average intraday trading volume for General Mills, Inc shares is 4.34 million. The stock is currently trading -0.75% below its 20-day simple moving average (SMA20), while that difference is down -5.59% for SMA50 and it goes to -11.99% lower than SMA200.
General Mills, Inc (NYSE: GIS) currently have 552.20M outstanding shares and institutions hold larger chunk of about 80.04% of that.
The stock has a current market capitalization of $32.65B and its 3Y-monthly beta is at 0.06. PE ratio of stock for trailing 12 months is 12.89, while it has posted earnings per share of $4.60 in the same period. Its PEG reads 5.97 and has Quick Ratio of 0.67 while making debt-to-equity ratio of 1.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GIS, volatility over the week remained 1.82% while standing at 1.98% over the month.
Stock’s fiscal year EPS is expected to drop by -2.45% while it is estimated to increase by 3.61% in next year. EPS is likely to shrink at an annualized rate of 2.16% for next 5-years, compared to annual growth of 8.24% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on December 19, 2024 offering a Hold rating for the stock and assigned a target price range of between $75 and $64 to it. Coverage by BofA Securities stated General Mills, Inc (GIS) stock as a Buy in their note to investors on December 13, 2024, suggesting a price target of $80 for the stock. Stock get a Mkt perform rating from Bernstein on May 15, 2024.
