Earnings Announcement is near for General Mills, Inc. (NYSE:GIS)

Rodiano Bonacci
Marzo 20, 2017

(NYSE:GIS) has declined 14.65% since August 11, 2016 and is downtrending. The firm owned 10,717 shares of the company's stock after selling 8,221 shares during the period. On 7th Day after earnings release, General Mills, Inc.

Other large investors have also recently bought and sold shares of the company. State Street Corp boosted its position in General Mills by 0.8% in the fourth quarter. Willis Investment Counsel increased its stake in shares of General Mills by 5.8% in the fourth quarter.

07/14/2016 - General Mills, Inc. had its "neutral" rating reiterated by analysts at Morgan Stanley. Performance week shows a value of 0.15%, and the Performance for the Month is valued at -4.00%. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company's profitability. General Mills, Inc. The stock has a market cap of $35.18 billion, a P/E ratio of 22.65 and a beta of 0.56. (NYSE:GIS) shares have seen a move of -1.03%. General Mills, Inc. has a 12 month low of $58.70 and a 12 month high of $72.95. The firm's 50-day moving average price is $61.33 and its 200 day moving average price is $62.51.

General Mills (NYSE:GIS) last posted its quarterly earnings results on Tuesday, December 20th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. The firm had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.23 billion. At present, the Gross Margin for General Mills, Inc. 5 researchers gave likely EPS and offered foretold growth rate at 7.9%. EPS growth in past five years was 0.50% while EPS growth in next five years is projected to arrive at 6.33%. General Mills has a consensus rating of "Hold" and a consensus target price of $66.35.

The business also recently declared a quarterly dividend, which will be paid on Monday, May 1st. Stockholders of record on Monday, April 10th will be issued a $0.48 dividend. The ex-dividend date is Thursday, April 6th. General Mills's dividend payout ratio is presently 71.64%.

GIS has been the subject of a number of recent research reports. Finally, Deutsche Bank AG began coverage on shares of General Mills in a report on Wednesday, February 15th. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be.

12/20/2016 - General Mills, Inc. had its "market perform" rating reiterated by analysts at Wells Fargo. Zacks Investment Research upgraded shares of General Mills from a "hold" rating to a "buy" rating and set a $69.00 price objective for the company in a report on Tuesday, November 22nd.

09/22/2016 - General Mills, Inc. had its "equal weight" rating reiterated by analysts at Barclays.

Analyst recommendation for this stock stands at 2.80. In terms of recent volatility, the average for the month is 1.31% and 0.94% for the past week. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company's stock. The Company is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

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