General Mills, Inc [GIS] stock prices are down -3.06% to $63.91 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GIS shares have lost -2.43% over the last week, with a monthly amount glided 1.64%, and 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 December 13, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $80 from $78. Previously, Goldman started tracking the stock with Buy rating on August 12, 2024, and set its price target to $76. On July 16, 2024, downgrade downgraded it’s rating to Hold. Bernstein upgraded its rating to a Mkt Perform and increased its price target to $70 on May 15, 2024. Citigroup initiated its recommendation with a Neutral and recommended $67 as its price target on February 01, 2024. RBC Capital Mkts reiterated a Sector Perform rating for this stock on December 21, 2023, and downed its price target to $72. In a note dated September 22, 2023, HSBC Securities initiated an Hold rating and provided a target price of $74 on this stock.
The stock price of General Mills, Inc [GIS] has been fluctuating between $61.47 and $75.90 over the past year. Currently, Wall Street analysts expect the stock to reach $74.22 within the next 12 months. General Mills, Inc [NYSE: GIS] shares were valued at $63.91 at the most recent close of the market. An investor can expect a potential return of 16.13% based on the average GIS price forecast.
Analyzing the GIS fundamentals
The General Mills, Inc [NYSE:GIS] reported sales of 19.80B for trailing twelve months, representing a drop of -1.15%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, 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 0.28 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.58.
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 62.94 points at the first support level, and at 61.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.75, and for the 2nd resistance point, it is at 65.60.
Ratios To Look Out For
It’s worth pointing out that General Mills, Inc [NYSE:GIS]’s Current Ratio is 0.66. On the other hand, the Quick Ratio is 0.39, and the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 1.79, the price to book ratio is 3.83 and price to earnings (TTM) ratio is 15.23.
Transactions by insiders
Recent insider trading involved SASTRE MARIA, Director, that happened on Nov 15 ’24 when 1000.0 shares were sold. Chairman of the Board & CEO, HARMENING JEFFREY L completed a deal on Oct 23 ’24 to sell 46500.0 shares. Meanwhile, Officer JEFFREY HARMENING bought 46500.0 shares on Oct 23 ’24.
