For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
General Mills, Inc (NYSE: GIS) closed the day trading at $60.89 down -0.99% from the previous closing price of $61.50. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 4.05 million shares were traded. GIS stock price reached its highest trading level at $62.2 during the session, while it also had its lowest trading level at $60.82.
Ratios:
For a better understanding of GIS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on December 19, 2024, Reiterated its Hold rating but revised its target price to $64 from $75 previously.
On December 13, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $78 to $80.
On August 12, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $76.Goldman initiated its Buy rating on August 12, 2024, with a $76 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 20 ’24 when Gallagher Paul Joseph sold 1,041 shares for $64.50 per share. The transaction valued at 67,144 led to the insider holds 42,117 shares of the business.
Gallagher Paul Joseph bought 1,041 shares of GIS for $67,144 on Dec 20 ’24. On Nov 15 ’24, another insider, SASTRE MARIA, who serves as the Director of the company, sold 1,000 shares for $63.66 each. As a result, the insider received 63,660 and left with 23,013 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GIS now has a Market Capitalization of 33564452864 and an Enterprise Value of 49704927232. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.25, and their Forward P/E ratio for the next fiscal year is 13.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 2.51 whereas that against EBITDA is 11.794.
Stock Price History:
Over the past 52 weeks, GIS has reached a high of $75.90, while it has fallen to a 52-week low of $61.45. The 50-Day Moving Average of the stock is -6.62%, while the 200-Day Moving Average is calculated to be -10.78%.
Shares Statistics:
Over the past 3-months, GIS traded about 3.90M shares per day on average, while over the past 10 days, GIS traded about 3658000 shares per day. A total of 552.20M shares are outstanding, with a floating share count of 549.06M. Insiders hold about 0.39% of the company’s shares, while institutions hold 80.03% stake in the company. Shares short for GIS as of 1732838400 were 21182032 with a Short Ratio of 6.11, compared to 1730332800 on 18550388. Therefore, it implies a Short% of Shares Outstanding of 21182032 and a Short% of Float of 4.29.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.19.
