A share price of General Mills, Inc. [GIS] is currently trading at $62.66, down -0.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The GIS shares have lost -0.81% over the last week, with a monthly amount drifted -7.12%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
General Mills, Inc. [NYSE: GIS] stock has seen the most recent analyst activity on May 15, 2024, when Bernstein upgraded its rating to a Mkt Perform and also boosted its price target to $70 from $62. Previously, Citigroup started tracking the stock with Neutral rating on February 01, 2024, and set its price target to $67. On December 21, 2023, RBC Capital Mkts reiterated its Sector Perform rating and revised its price target to $72 on the stock. HSBC Securities started tracking the stock assigning a Hold rating and suggested a price target of $74 on September 22, 2023. Piper Sandler reiterated its recommendation of a Overweight and reduced its price target to $77 on September 18, 2023. JP Morgan reiterated a Neutral rating for this stock on September 18, 2023, and downed its price target to $69. In a note dated September 13, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $70 on this stock.
General Mills, Inc. experienced fluctuations in its stock price throughout the past year between $60.33 and $77.63. Currently, Wall Street analysts expect the stock to reach $75.42 within the next 12 months. General Mills, Inc. [NYSE: GIS] shares were valued at $62.66 at the most recent close of the market. An investor can expect a potential return of 20.36% based on the average GIS price forecast.
Analyzing the GIS fundamentals
Trailing Twelve Months sales for General Mills, Inc. [NYSE:GIS] were 19.86B which represents -6.28% decline. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.26 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.30 points at the first support level, and at 61.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.94, and for the 2nd resistance point, it is at 63.22.
Ratios To Look Out For
To put it in perspective, the Current Ratio for General Mills, Inc. [NYSE:GIS] is 0.65. On the other hand, the Quick Ratio is 0.38, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 14.55.
Transactions by insiders
Recent insider trading involved Shaffer Werner Lanette, Chief Innovation Officer, that happened on May 13 ’24 when 710.0 shares were sold. Group President, Nudi Jonathon completed a deal on Mar 22 ’24 to sell 10000.0 shares. Meanwhile, Director MORIKIS JOHN G sold 55.0 shares on Feb 22 ’24.
