The stock of General Mills, Inc. (GIS) has gone down by -0.73% for the week, with a -8.21% drop in the past month and a 0.32% rise in the past quarter. The volatility ratio for the week is 0.92%, and the volatility levels for the past 30 days are 1.35% for GIS. The simple moving average for the past 20 days is -3.79% for GIS’s stock, with a 0.17% simple moving average for the past 200 days.
Is It Worth Investing in General Mills, Inc. (NYSE: GIS) Right Now?
General Mills, Inc. (NYSE: GIS) has a higher price-to-earnings ratio of 16.27x compared to its average ratio. GIS has 36-month beta value of 0.10. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 15 as “hold,” and 3 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GIS is 552.94M, and currently, short sellers hold a 3.24% ratio of that float. The average trading volume of GIS on October 29, 2024 was 3.43M shares.
GIS) stock’s latest price update
The stock of General Mills, Inc. (NYSE: GIS) has decreased by -0.04 when compared to last closing price of 68.30.Despite this, the company has seen a loss of -0.73% in its stock price over the last five trading days. marketbeat.com reported 2024-10-21 that Buying oversold stocks is not a question of one man’s trash being another’s treasure. In many cases, it’s simply the ability to look at specific fundamental or technical indicators as a way to identify stocks that are buying opportunities.
Analysts’ Opinion of GIS
Many brokerage firms have already submitted their reports for GIS stocks, with Goldman repeating the rating for GIS by listing it as a “Buy.” The predicted price for GIS in the upcoming period, according to Goldman is $76 based on the research report published on August 12, 2024 of the current year 2024.
Bernstein gave a rating of “Mkt Perform” to GIS, setting the target price at $70 in the report published on May 15th of the current year.
GIS Trading at -5.48% from the 50-Day Moving Average
After a stumble in the market that brought GIS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.05% of loss for the given period.
Volatility was left at 1.35%, however, over the last 30 days, the volatility rate increased by 0.92%, as shares sank -7.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.10% lower at present.
During the last 5 trading sessions, GIS fell by -0.73%, which changed the moving average for the period of 200-days by +8.26% in comparison to the 20-day moving average, which settled at $70.96. In addition, General Mills, Inc. saw 4.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GIS starting from HARMENING JEFFREY L, who sale 46,500 shares at the price of $68.61 back on Oct 23 ’24. After this action, HARMENING JEFFREY L now owns 355,328 shares of General Mills, Inc., valued at $3,190,351 using the latest closing price.
JEFFREY HARMENING, the Officer of General Mills, Inc., proposed sale 46,500 shares at $68.61 during a trade that took place back on Oct 23 ’24, which means that JEFFREY HARMENING is holding shares at $3,190,351 based on the most recent closing price.
Stock Fundamentals for GIS
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.34 for the gross margin
The net margin for General Mills, Inc. stands at 0.12. The total capital return value is set at 0.14. Equity return is now at value 24.60, with 7.62 for asset returns.
Based on General Mills, Inc. (GIS), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 1.44. The interest coverage ratio of the stock is 13.9.
Currently, EBITDA for the company is 4.21 billion with net debt to EBITDA at 3.07. When we switch over and look at the enterprise to sales, we see a ratio of 2.56. The receivables turnover for the company is 10.74for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.
Conclusion
To put it simply, General Mills, Inc. (GIS) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
