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General Mills (GIS)
NYSE:GIS
Holding GIS?
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GIS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.48 - $75.90
Previous Close$64.12
Volume2.00M
Average Volume (3M)3.65M
Market Cap
$36.06B
Enterprise Value$48.70B
Total Cash (Recent Filing)$468.10M
Total Debt (Recent Filing)$13.32B
Price to Earnings (P/E)15.3
Beta-0.22
Next Earnings
Dec 18, 2024EPS Estimate
$1.22Next Dividend Ex-Date
Jan 10, 2025Dividend Yield3.73%
Share Statistics
EPS (TTM)4.20
Shares Outstanding555,158,898
10 Day Avg. Volume4,334,180
30 Day Avg. Volume3,654,638
Standard Deviation0.05
R-Squared0.01
Alpha0.00748
Financial Highlights & Ratios
Price to Book (P/B)3.82
Price to Sales (P/S)1.76
Price to Cash Flow (P/CF)14.00
P/FCF Ratio14.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.46
Enterprise Value/Gross Profit7.03
Enterprise Value/Ebitda12.12
Forecast
1Y Price Target
$74.13Price Target Upside14.12% Upside
Rating ConsensusHold
Number of Analyst Covering15
General Mills News
Bulls Say, Bears Say
Bulls Say
Growth In Pet SegmentThe focus on Tiki Cat brand and the opportunity in cat feeding and wet cat food is expected to complement and enhance growth in the pet segment.
Pet Business ExpansionGeneral Mills has been intentional in expanding its Pet business, investing over $11 billion in acquisitions since 2018 to achieve nearly $3 billion in sales.
Strategic AcquisitionsThe acquisition of Whitebridge Pet Brands' North American Cat/Pet treat business is seen as a strategic move for diversification and growth potential in the pet sector.
Bears Say
Dilutive TransactionsThe sale of the North American Yogurt business is expected to be approximately 3% dilutive to adjusted EPS 12 months post close.
High Acquisition CostThe high acquisition cost, reflected in a mid-20s EBITDA multiple, indicates that growth in the pet sector is expensive, which could be a concern for some investors.
Market Share LossesGIS has lost overall market share, driven by significant losses in doughs.
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Ownership Overview
0.34% Insiders
23.86% Mutual Funds
14.90% Other Institutional Investors
34.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by General Mills
Desktop Users
Mobile Users
GIS FAQ
What was General Mills’s price range in the past 12 months?
General Mills lowest stock price was $61.48 and its highest was $75.90 in the past 12 months.
What is General Mills’s market cap?
Currently, no data Available
When is General Mills’s upcoming earnings report date?
General Mills’s upcoming earnings report date is Dec 18, 2024 which is in 25 days.
How were General Mills’s earnings last quarter?
General Mills released its earnings results on Sep 18, 2024. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.059 by $0.011.
Is General Mills overvalued?
According to Wall Street analysts General Mills’s price is currently Undervalued.
Does General Mills pay dividends?
General Mills pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 3.73%. See more information on General Mills dividends here
What is General Mills’s EPS estimate?
General Mills’s EPS estimate is $1.22.
How many shares outstanding does General Mills have?
General Mills has 555,158,900 shares outstanding.
What happened to General Mills’s price movement after its last earnings report?
General Mills reported an EPS of $1.07 in its last earnings report, beating expectations of $1.059. Following the earnings report the stock price went up 0.677%.
Which hedge fund is a major shareholder of General Mills?
Among the largest hedge funds holding General Mills’s share is Hotchkis & Wiley Capital Management LLC. It holds General Mills’s shares valued at 34M.
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General Mills Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$74.13 (14.12% Upside)
$74.13 (14.12% Upside)
Blogger Sentiment
Bullish
GIS Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 485.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.76%
12-Months-Change
Fundamentals
Return on Equity
24.60%
Trailing 12-Months
Asset Growth
1.44%
Trailing 12-Months
Company Description
General Mills
General Mills, Inc. is a multinational food company. Headquartered in Minneapolis, the company manufactures and markets branded consumer foods, which it sells through retail stores. Its product categories include convenient meals, ready-to-eat cereals, snacks, super-premium ice creams, yogurt, baking mixes and ingredients, and refrigerated and frozen dough.
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GIS Company Deck
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GIS Earnings Call
Q1 2024
0:00 / 0:00
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GIS Net sales Breakdown
21.79% Snacks
16.05% Cereal
14.64% Convenient meals
12.21% Dough
35.31% Other
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GIS Stock 12 Month Forecast
Average Price Target
$74.13
▲(14.12% Upside)
Technical Analysis
Best Analysts Covering GIS
1 Year
1 Year Success Rate
16/26 ratings generated profit
1 Year Average Return
+5.15%
assigned a buy rating 2 months ago
Copying Michael Lavery's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +5.15% per trade.
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