General Mills, Inc. (GIS) Moves -0.15% Lower: These Numbers are Too Good to be True

As on Thursday, General Mills, Inc. (NYSE: GIS) started slowly as it slid -0.15% to $74.90, before settling in for the price of $75.01 at the close. Taking a more long-term approach, GIS posted a 52-week range of $60.33-$75.90.

In the past 5-years timespan, the Consumer Defensive sector firm’s annual sales growth was 3.35%. Meanwhile, its Annual Earning per share during the time was 8.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.14%. This publicly-traded company’s shares outstanding now amounts to $559.10 million, simultaneously with a float of $554.43 million. The organization now has a market capitalization sitting at $41.69 billion. At the time of writing, stock’s 50-day Moving Average stood at $69.50, while the 200-day Moving Average is $67.29.

General Mills, Inc. (GIS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Packaged Foods industry. General Mills, Inc.’s current insider ownership accounts for 0.39%, in contrast to 80.13% institutional ownership. According to the most recent insider trade that took place on May 13 ’24, this organization’s Chief Innovation Officer sold 710 shares at the rate of 70.57, making the entire transaction reach 50,105 in total value, affecting insider ownership by 17,397. Preceding that transaction, on Mar 22 ’24, Company’s Group President sold 10,000 for 69.21, making the whole transaction’s value amount to 692,109. This particular insider is now the holder of 93,381 in total.

General Mills, Inc. (GIS) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.

General Mills, Inc.’s EPS decrease for this current 12-month fiscal period is -0.14% and is forecasted to reach 4.71 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.55% through the next 5 years, which can be compared against the 8.24% growth it accomplished over the previous five years trading on the market.

General Mills, Inc. (NYSE: GIS) Trading Performance Indicators

Let’s observe the current performance indicators for General Mills, Inc. (GIS). It’s Quick Ratio in the last reported quarter now stands at 0.39. The Stock has managed to achieve an average true range (ATR) of 1.41. Alongside those numbers, its PE Ratio stands at $17.85, and its Beta score is 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.11. Similarly, its price to free cash flow for trailing twelve months is now 15.02.

In the same vein, GIS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.20, a figure that is expected to reach 1.21 in the next quarter, and analysts are predicting that it will be 4.71 at the market close of one year from today.

Technical Analysis of General Mills, Inc. (GIS)

Through scrutinizing the latest numbers posted by the [General Mills, Inc., GIS], it can be observed that its last 5-days Average volume of 4.61 million was better the volume of 3.97 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 71.37% While, its Average True Range was 1.48.

Raw Stochastic average of General Mills, Inc. (GIS) in the period of the previous 100 days is set at 92.79%, which indicates a major rise in contrast to 78.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.87% that was lower than 19.25% volatility it exhibited in the past 100-days period.