General Mills, Inc (NYSE: GIS)’s stock price has gone rise by 1.28 in comparison to its previous close of 65.06, however, the company has experienced a -1.67% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-12-05 that In this article, I will share with you 10 attractive high dividend yield companies that could help you enhance your portfolio’s ability to generate dividend income. I will also share allocation limits for each of the selected companies to help you reduce the risk level of your dividend portfolio, better positioning it for positive investment outcomes. Each of the companies is financially strong, pays an attractive dividend yield, has dividend growth potential, and has an attractive valuation, allowing you to invest with a margin of safety.
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 15.70x compared to its average ratio. GIS has 36-month beta value of 0.09. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 18 as “hold,” and 0 as “sell.”
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The public float for GIS is 552.94M, and currently, short sellers hold a 3.53% ratio of that float. The average trading volume of GIS on December 10, 2024 was 3.74M shares.
GIS’s Market Performance
GIS stock saw an increase of -1.67% in the past week, with a monthly gain of 1.46% and a quarterly increase of -11.95%. The volatility ratio for the week is 1.68%, and the volatility levels for the last 30 days are 1.69% for General Mills, Inc (GIS). The simple moving average for the past 20 days is 1.43% for GIS’s stock, with a -3.66% simple moving average for the past 200 days.
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 -3.03% 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 -13.19% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +0.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.41% lower at present.
During the last 5 trading sessions, GIS fell by -1.67%, which changed the moving average for the period of 200-days by +0.87% in comparison to the 20-day moving average, which settled at $64.96. In addition, General Mills, Inc saw 1.15% 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 SASTRE MARIA, who sale 1,000 shares at the price of $63.66 back on Nov 15 ’24. After this action, SASTRE MARIA now owns 23,013 shares of General Mills, Inc, valued at $63,660 using the latest closing price.
HARMENING JEFFREY L, the Chairman of the Board & CEO of General Mills, Inc, sale 46,500 shares at $68.61 during a trade that took place back on Oct 23 ’24, which means that HARMENING JEFFREY L is holding 355,328 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 4.08 billion with net debt to EBITDA at 3.24. When we switch over and look at the enterprise to sales, we see a ratio of 2.5. 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 mixed opinion on the stock, with some rating it as a “buy” 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.
