While General Mills, Inc has underperformed by -0.52%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GIS fell by -6.75%, with highs and lows ranging from $75.90 to $57.94, whereas the simple moving average fell by -11.99% in the last 200 days.
On December 19, 2024, TD Cowen Reiterated General Mills, Inc (NYSE: GIS) to Hold. A report published by BofA Securities on December 13, 2024, Upgraded its rating to ‘Buy’ for GIS. Goldman also rated GIS shares as ‘Buy’, setting a target price of $76 on the company’s shares in an initiating report dated August 12, 2024. Bernstein May 15, 2024d its ‘Underperform’ rating to ‘Mkt Perform’ for GIS, as published in its report on May 15, 2024. Citigroup’s report from February 01, 2024 suggests a price prediction of $67 for GIS shares, giving the stock a ‘Neutral’ rating. RBC Capital Mkts also rated the stock as ‘Sector Perform’.
Analysis of General Mills, Inc (GIS)
GIS currently pays a dividend of $2.39 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 1.96%, showing a positive trend in the upcoming months.
In order to gain a clear picture of General Mills, Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 28.02% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.67, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.34M can be a very valuable indicator of volatility for GIS stock. On a monthly basis, the volatility of the stock is set at 1.98%, whereas on a weekly basis, it is put at 1.82%, with a loss of -2.32% over the past seven days. Furthermore, long-term investors anticipate a median target price of $70.06, showing growth from the present price of $59.24, which can serve as yet another indication of whether GIS is worth investing in or should be passed over.
How Do You Analyze General Mills, Inc Shares?
The USA based company General Mills, Inc (GIS) is one of the biggest names in Packaged Foods. When comparing General Mills, Inc shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.89, there is a growth in quarterly earnings of 39.11%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.36%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 80.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GIS shares are owned by institutional investors to the tune of 80.04% at present.
