General Mills, Inc (NYSE: GIS) on Tuesday, soared 0.38% from the previous trading day, before settling in for the closing price of $65.89. Within the past 52 weeks, GIS’s price has moved between $61.47 and $75.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 3.35%. The company achieved an average annual earnings per share of -0.10%. With a float of $552.94 million, this company’s outstanding shares have now reached $555.80 million.
The extent of productivity of a business whose workforce counts for 34000 workers is very important to gauge. 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 Updates
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of General Mills, Inc is 0.40%, while institutional ownership is 78.76%. 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) Performance Highlights and Predictions
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
General Mills, Inc (GIS) is currently performing well based on its current performance indicators. A quick ratio of 0.39 was reported for the most recent quarter. 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 13.23.
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)
The latest stats from [General Mills, Inc, GIS] show that its last 5-days average volume of 3.27 million was inferior to 3.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.29%. Additionally, its Average True Range was 1.11.
During the past 100 days, General Mills, Inc’s (GIS) raw stochastic average was set at 28.39%, which indicates a significant decrease from 73.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.83% in the past 14 days, which was lower than the 16.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.80, while its 200-day Moving Average is $68.40. Now, the first resistance to watch is $66.58. This is followed by the second major resistance level at $67.02. The third major resistance level sits at $67.72. If the price goes on to break the first support level at $65.44, it is likely to go to the next support level at $64.74. Assuming the price breaks the second support level, the third support level stands at $64.30.
General Mills, Inc (NYSE: GIS) Key Stats
Market capitalization of the company is 36.72 billion based on 555,159K outstanding shares. Right now, sales total 19,857 M and income totals 2,497 M. The company made 4,848 M in profit during its latest quarter, and 579,900 K in sales during its previous quarter.
