On Monday, General Mills, Inc (NYSE: GIS) was -3.73% drop from the session before settling in for the closing price of $63.88. A 52-week range for GIS has been $61.47 – $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
A company in the Consumer Defensive sector has jumped its sales by 3.35% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -2.27%. With a float of $549.06 million, this company’s outstanding shares have now reached $552.20 million.
In an organization with 34000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 34.9%, operating margin of 18.32%, and the pretax margin is 15.94%.
General Mills, Inc (GIS) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward General Mills, Inc stocks. The insider ownership of General Mills, Inc is 0.39%, while institutional ownership is 79.47%. The most recent insider transaction that took place on Dec 20 ’24, was worth 67,144. In this transaction Chief Supply Chain Officer of this company sold 1,041 shares at a rate of $64.50, taking the stock ownership to the 42,117 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Officer proposed sale 1,041 for $64.50, making the entire transaction worth $67,144.
General Mills, Inc (GIS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -2.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.50% 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
You can see what General Mills, Inc (GIS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71. Likewise, its price to free cash flow for the trailing twelve months is 12.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.60, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 4.58 in one year’s time.
Technical Analysis of General Mills, Inc (GIS)
Let’s dig in a bit further. During the last 5-days, its volume was 3.42 million. That was inferior than the volume of 3.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.95%. Additionally, its Average True Range was 1.19.
During the past 100 days, General Mills, Inc’s (GIS) raw stochastic average was set at 0.35%, which indicates a significant decrease from 0.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.73% in the past 14 days, which was higher than the 16.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.36, while its 200-day Moving Average is $68.29. However, in the short run, General Mills, Inc’s stock first resistance to watch stands at $62.95. Second resistance stands at $64.40. The third major resistance level sits at $65.15. If the price goes on to break the first support level at $60.75, it is likely to go to the next support level at $60.00. Assuming the price breaks the second support level, the third support level stands at $58.55.
General Mills, Inc (NYSE: GIS) Key Stats
There are 551,231K outstanding shares of the company, which has a market capitalization of 34.08 billion. As of now, sales total 19,857 M while income totals 2,497 M. Its latest quarter income was 5,240 M while its last quarter net income were 795,700 K.