General Mills, Inc (NYSE: GIS) kicked off on Friday, up 1.37% from the previous trading day, before settling in for the closing price of $64.12. Over the past 52 weeks, GIS has traded in a range of $61.47-$75.90.
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Consumer Defensive Sector giant saw their annual sales surged by 3.35% over the last five years. While this was happening, its average annual earnings per share was recorded -0.10%. With a float of $552.94 million, this company’s outstanding shares have now reached $559.10 million.
The firm has a total of 34000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.25%, operating margin of 17.07%, and the pretax margin is 14.75%.
General Mills, Inc (GIS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of General Mills, Inc is 0.40%, while institutional ownership is 78.69%. The most recent insider transaction that took place on Nov 15 ’24, was worth 63,660. In this transaction Director of this company sold 1,000 shares at a rate of $63.66, taking the stock ownership to the 23,013 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Chairman of the Board & CEO sold 46,500 for $68.61, making the entire transaction worth $3,190,351. This insider now owns 355,328 shares in total.
General Mills, Inc (GIS) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 1.25 earnings per share (EPS), higher than consensus estimate (set at 1.16) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.90% during the next five years compared to 8.24% growth over the previous five years of trading.
General Mills, Inc (NYSE: GIS) Trading Performance Indicators
Take a look at General Mills, Inc’s (GIS) current performance indicators. Last quarter, stock had a quick ratio of 0.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85. Likewise, its price to free cash flow for the trailing twelve months is 13.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.20, a number that is poised to hit 1.22 in the next quarter and is forecasted to reach 4.71 in one year’s time.
Technical Analysis of General Mills, Inc (GIS)
Analysing the last 5-days average volume posted by the [General Mills, Inc, GIS], we can find that recorded value of 3.99 million was better than the volume posted last year of 3.91 million. As of the previous 9 days, the stock’s Stochastic %D was 58.37%. Additionally, its Average True Range was 1.15.
During the past 100 days, General Mills, Inc’s (GIS) raw stochastic average was set at 20.90%, which indicates a significant decrease from 42.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.95% in the past 14 days, which was higher than the 17.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.64, while its 200-day Moving Average is $68.30. Now, the first resistance to watch is $65.33. This is followed by the second major resistance level at $65.67. The third major resistance level sits at $66.21. If the price goes on to break the first support level at $64.46, it is likely to go to the next support level at $63.92. Should the price break the second support level, the third support level stands at $63.58.
General Mills, Inc (NYSE: GIS) Key Stats
The company with the Market Capitalisation of 36.58 billion has total of 555,159K Shares Outstanding. Its annual sales at the moment are 19,857 M in contrast with the sum of 2,497 M annual income. Company’s last quarter sales were recorded 4,848 M and last quarter income was 579,900 K.
