General Mills Inc. [NYSE: GIS] stock went on an upward path that rose over 0.83% on Thursday, amounting to a one-week price increase of more than 0.60%. The company report on January 5, 2022 that Go Bananas for Breakfast! Chiquita, General Mills and Yoplait Team Up to Spotlight the Affordability of Good Nutrition.
A balanced breakfast of cereal, banana and yogurt is just over $1.
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A balanced breakfast can be key to getting good nutrition and starting the day off right. But too many breakfast options are high-cost and out of reach for average families. Eating nutritious food doesn’t have to mean paying more. That’s why Chiquita bananas, General Mills Big G cereals and Yoplait yogurt are joining forces with their “Go Bananas for Breakfast!” campaign to show that a balanced breakfast doesn’t have to be expensive or hard – sometimes it’s as simple as pairing a bowl of cereal, banana and a yogurt!.
Over the last 12 months, GIS stock rose by 23.59%. The one-year General Mills Inc. stock forecast points to a potential downside of -4.82. The average equity rating for GIS stock is currently 2.80, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $41.51 billion, with 608.60 million shares outstanding and 599.77 million shares in the current float. Compared to the average trading volume of 3.18M shares, GIS stock reached a trading volume of 2557552 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on General Mills Inc. [GIS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GIS shares is $65.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GIS stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for General Mills Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 01, 2021. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price from $65 to $66. The new note on the price target was released on September 23, 2021, representing the official price target for General Mills Inc. stock. Previously, the target price had yet another drop from $57 to $51, while Morgan Stanley kept a Underweight rating on GIS stock. On September 13, 2021, analysts decreased their price target for GIS shares from 68 to 63.
The Average True Range (ATR) for General Mills Inc. is set at 1.25, with the Price to Sales ratio for GIS stock in the period of the last 12 months amounting to 2.23. The Price to Book ratio for the last quarter was 4.40, with the Price to Cash per share for the same quarter was set at 1.69. Price to Free Cash Flow for GIS in the course of the last twelve months was 32.60 with Quick ratio for the last quarter at 0.60.
GIS Stock Performance Analysis:
General Mills Inc. [GIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.60. With this latest performance, GIS shares gained by 4.54% in over the last four-week period, additionally plugging by 14.74% over the last 6 months – not to mention a rise of 23.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GIS stock in for the last two-week period is set at 65.25, with the RSI for the last a single of trading hit 67.48, and the three-weeks RSI is set at 63.69 for General Mills Inc. [GIS]. The present Moving Average for the last 50 days of trading for this stock 65.15, while it was recorded at 68.62 for the last single week of trading, and 61.80 for the last 200 days.
Insight into General Mills Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and General Mills Inc. [GIS] shares currently have an operating margin of +17.82 and a Gross Margin at +34.77. General Mills Inc.’s Net Margin is presently recorded at +12.91.
Return on Total Capital for GIS is now 13.98, given the latest momentum, and Return on Invested Capital for the company is 12.06. Return on Equity for this stock inclined to 26.70, with Return on Assets sitting at 7.35. When it comes to the capital structure of this company, General Mills Inc. [GIS] has a Total Debt to Total Equity ratio set at 137.34. Additionally, GIS Total Debt to Total Capital is recorded at 57.87, with Total Debt to Total Assets ending up at 40.22. Long-Term Debt to Equity for the company is recorded at 106.33, with the Long-Term Debt to Total Capital now at 44.80.
Reflecting on the efficiency of the workforce at the company, General Mills Inc. [GIS] managed to generate an average of $66,851 per employee. Receivables Turnover for the company is 10.11 with a Total Asset Turnover recorded at a value of 0.57.General Mills Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.80.
GIS Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GIS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for General Mills Inc. go to 4.63%.
General Mills Inc. [GIS] Insider Position Details
There are presently around $30,910 million, or 77.00% of GIS stock, in the hands of institutional investors. The top three institutional holders of GIS stocks are: VANGUARD GROUP INC with ownership of 50,450,596, which is approximately -1.591% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 43,804,731 shares of the stock with an approximate value of $3.02 billion in GIS stocks shares; and STATE STREET CORP, currently with $2.35 billion in GIS stock with ownership of nearly 3.64% of the company’s market capitalization.
Positions in General Mills Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 628 institutional holders increased their position in General Mills Inc. [NYSE:GIS] by around 19,589,774 shares. Additionally, 592 investors decreased positions by around 28,571,809 shares, while 253 investors held positions by with 400,463,055 shares. The mentioned changes placed institutional holdings at 448,624,638 shares, according to the latest SEC report filing. GIS stock had 94 new institutional investments in for a total of 1,790,731 shares, while 102 institutional investors sold positions of 3,108,958 shares during the same period.