An Analysis Of General Mills Inc. (GIS)’s Weekly Performance


As of Friday close, General Mills Inc.’s (NYSE:GIS) stock was down -$0.68, moving down -0.85 percent to $79.79. The average number of shares traded per day over the past five days has been 4,203,080 shares. 2 times new highs have been achieved over the past 5 days, with a $1.27 gain in that time frame. In the last twenty days, the average volume was 3,486,025, while in the previous 50 days, it was 3,555,214.

Since last month, GIS stock rose 6.23%. Shares of the company fell to $77.66 on 03/03/23, the lowest level in the past month. A 52-week high of $88.34 was reached on 01/06/23 after having rallying from a 52-week low of $61.67. Since the beginning of this year, GIS’s stock price has dropped by -4.84% or -$4.06, and marked a new high 4 times. However, the stock has declined by -9.68% since its 52-week high.

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GIS stock investors should be aware that General Mills Inc. (GIS) stock had its last reported insider trading activity 66 days ago on Jan 11. Nudi Jonathon, the Group President of the company, disposed of 10,894 shares for $84.49 on Jan 11. It resulted in a $920,479 divestment by the insider. Walker Sean N sold 27,157 shares at an average price of $84.87 on Jan 09. The insider now owns 90,975 shares following the transaction. On Jan 06, Chief Accounting Officer Pallot Mark A sold 1,955 shares at $85.99 apiece. The transaction was valued at $168,110.

Valuation Metrics

Right now, General Mills Inc. (GIS) has a P/E ratio of about 16.67. The stock’s beta is 0.24. Besides these, the trailing price-to-sales (P/S) ratio of 2.43, the price-to-book (PB) ratio of 4.70, and the price-to-cash flow ratio of 39.97 may also be considered.

The latest dividend of $0.54 per share was paid out, remained unchanged from last year’s $0.54. On Wednesday June 29 2022, a $0.03 dividend increase was announced.

Financial Health

In the three months ended November 29, General Mills Inc.’s quick ratio stood at 0.30, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending November 29 was 0.85, and the total debt-to-equity ratio was 1.16. On the profitability front, the trailing twelve-month gross margin is 32.70% percent. In the year ended November 29, operating margins totaled 19.70%. Based on annual data, GIS earned $6.4 billion in gross profit and brought in $18.99 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.50%. Return on equity (ROE) for the past 12 months was 28.30%.

In General Mills Inc.’s quarter-end financial report for November 29, it reported total debt of $8.62 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GIS’s revenue rose 3.77% to $4.72 billion during the quarter, while net income inched up to $5.22 billion. While analysts expected General Mills Inc. to report $1.06 quarterly earnings, the actual figure was $1.1 per share, beating the consensus estimate by 3.80%. During the quarter, the company generated $939.4 million in EBITDA. The liabilities of General Mills Inc. were 20.95 billion at the end of its most recent quarter ended November 29, and its total debt was $11.74 billion. The value of shareholders’ equity is $589.61 million.

Technical Picture

This quick technical analysis looks at General Mills Inc.’s (GIS) price momentum. With a historical volatility rate of 12.10%, the RSI 9-day stood at 53.75% on 17 March.

With respect to its five-day moving average, the current General Mills Inc. price is up by +1.62% percent or $1.27. At present, GIS shares trade +6.23% above its 20-day simple moving average and +3.57% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.89% below its SMA50 and +14.23% above its SMA200.

Stochastic coefficient K was 74.49% and Stochastic coefficient D was 73.86%, while ATR was 1.47. Given the Stochastic reading of 59.50% for the 14-day period, the RSI (14) reading has been calculated as 53.24%. As of today, the MACD Oscillator reading stands at 0.79, while the 14-day reading stands at 0.94.

With a median target price of $83.00, the current consensus forecast for the stock is $65.00 – $95.00. Based on these forecasts, analysts predict General Mills Inc. (GIS) will achieve an average price target of $81.44.


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