Better Times Ahead For General Mills, Inc (NYSE: GIS)?

General Mills, Inc (GIS) concluded trading on Wednesday at a closing price of $56.47, with 4.2 million shares of worth about $237.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.27% during that period and on April 16, 2025 the price saw a loss of about -2.39%. Currently the company’s common shares owned by public are about 547.50M shares, out of which, 545.61M shares are available for trading.

Stock saw a price change of -2.74% in past 5 days and over the past one month there was a price change of -6.57%. Year-to-date (YTD), GIS shares are showing a performance of -11.45% which decreased to -16.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.15 but also hit the highest price of $75.90 during that period. The average intraday trading volume for General Mills, Inc shares is 6.10 million. The stock is currently trading -3.62% below its 20-day simple moving average (SMA20), while that difference is down -5.28% for SMA50 and it goes to -13.34% lower than SMA200.

General Mills, Inc (NYSE: GIS) currently have 547.50M outstanding shares and institutions hold larger chunk of about 82.60% of that.

The stock has a current market capitalization of $30.92B and its 3Y-monthly beta is at 0.05. PE ratio of stock for trailing 12 months is 12.40, while it has posted earnings per share of $4.55 in the same period. It has Quick Ratio of 0.44 while making debt-to-equity ratio of 1.53. 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 3.12% while standing at 3.01% over the month.

Stock’s fiscal year EPS is expected to drop by -7.27% while it is estimated to decrease by -2.84% in next year. EPS is likely to shrink at an annualized rate of -1.92% 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 Morgan Stanley on March 24, 2025 offering an Underweight rating for the stock and assigned a target price of $53 to it. Coverage by Jefferies stated General Mills, Inc (GIS) stock as a Hold in their note to investors on March 10, 2025, suggesting a price target of $62 for the stock. On December 19, 2024, TD Cowen Reiterated their recommendations, while on December 13, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $80. Stock get a Buy rating from Goldman on August 12, 2024.

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