Media stories about General Mills (NYSE:GIS) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. General Mills earned a news impact score of 0.16 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.4940714718838 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- General Mills (GIS) vs. Blue Apron (APRN) Critical Comparison (americanbankingnews.com)
- Stocks Messing With The Heads Of Investors: General Mills, Inc. (GIS), Xcel Energy Inc. (XEL) – Market Movers (financialqz.com)
- Why Stocks of Packaged Food Makers Fell on January 10 (finance.yahoo.com)
- General Mills, Inc. (GIS) Insider Sells $517,492.80 in Stock (americanbankingnews.com)
- Free Post Earnings Research Report: General Mills’ Total Revenue Grew 2.1% (finance.yahoo.com)
General Mills (NYSE GIS) traded down $0.24 during midday trading on Friday, reaching $57.85. The company’s stock had a trading volume of 2,553,096 shares, compared to its average volume of 4,070,000. The company has a quick ratio of 0.53, a current ratio of 0.81 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $32,920.00, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 2.55 and a beta of 0.66. General Mills has a 12 month low of $49.65 and a 12 month high of $63.73.
General Mills (NYSE:GIS) last released its quarterly earnings data on Wednesday, December 20th. The company reported $0.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.82. The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.08 billion. General Mills had a return on equity of 38.89% and a net margin of 10.29%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.85 earnings per share. equities analysts expect that General Mills will post 3.12 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 10th will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Tuesday, January 9th. General Mills’s payout ratio is currently 71.79%.
Several equities analysts recently issued reports on GIS shares. Zacks Investment Research lowered General Mills from a “hold” rating to a “sell” rating in a research note on Monday, October 23rd. Jefferies Group started coverage on General Mills in a research note on Friday, October 20th. They set a “hold” rating and a $56.00 price target on the stock. Susquehanna Bancshares set a $57.00 price target on General Mills and gave the company a “hold” rating in a research note on Wednesday, December 13th. Societe Generale upgraded General Mills from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, Edward Jones reaffirmed a “hold” rating on shares of General Mills in a report on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $58.17.
In other news, insider Bethany C. Quam sold 8,712 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $59.40, for a total value of $517,492.80. Following the transaction, the insider now directly owns 36,089 shares of the company’s stock, valued at approximately $2,143,686.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is owned by insiders.
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About General Mills
General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. 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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