General Mills, Inc [GIS] stock prices are up 0.56% to $61.34 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GIS shares have gain 4.25% over the last week, with a monthly amount glided 2.99%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
General Mills, Inc [NYSE: GIS] stock has seen the most recent analyst activity on December 19, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $64 from $75. Previously, BofA Securities upgraded its rating to Buy on December 13, 2024, and elevated its price target to $80. On August 12, 2024, Goldman initiated with a Buy rating and assigned a price target of $76 on the stock. Argus downgraded its rating to a Hold. Bernstein upgraded its rating to a Mkt Perform and raised its price target to $70 on May 15, 2024. Citigroup started tracking with a Neutral rating for this stock on February 01, 2024, and assigned it a price target of $67. In a note dated December 21, 2023, RBC Capital Mkts reiterated an Sector Perform rating on this stock and revised its target price from $74 to $72.
The stock price of General Mills, Inc [GIS] has been fluctuating between $55.15 and $75.90 over the past year. Currently, Wall Street analysts expect the stock to reach $75.5 within the next 12 months. General Mills, Inc [NYSE: GIS] shares were valued at $61.34 at the most recent close of the market. An investor can expect a potential return of 23.08% based on the average GIS price forecast.
Analyzing the GIS fundamentals
The General Mills, Inc [NYSE:GIS] reported sales of 19.90B for trailing twelve months, representing a surge of 1.96%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, 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 60.26 points at the first support level, and at 59.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.39, and for the 2nd resistance point, it is at 63.45.
Ratios To Look Out For
It’s worth pointing out that General Mills, Inc [NYSE:GIS]’s Current Ratio is 0.92. In addition, the Quick Ratio stands at 0.67 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 1.70, the price to book ratio is 3.68 and price to earnings (TTM) ratio is 13.35.
Transactions by insiders
Recent insider trading involved Gallagher Paul Joseph, Chief Supply Chain Officer, that happened on Dec 20 ’24 when 1041.0 shares were sold. Officer, Gallagher Paul Joseph completed a deal on Dec 20 ’24 to buy 1041.0 shares. Meanwhile, Director SASTRE MARIA sold 1000.0 shares on Nov 15 ’24.
