Its up in the Air But Definitely Not Out: General Mills, Inc. (GIS)

Wall Street analysts will be watching closely when General Mills, Inc. (NYSE:GIS) reports its quarterly earnings next, which is scheduled for Wed 26 Jun (In 71 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.90 per share. In the preceding quarter, the company reportedly generated EPS of $0.83 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 14.40%, a profit margin of 9.30% and a gross margin of 34.50%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of General Mills, Inc. (NYSE:GIS). Most recently, on February 21st, 2019, Standpoint Research Downgrade a Hold rating. Before that, on January 23rd, 2019, Guggenheim Initiated to Buy. Standpoint Research Initiated a Buy rating on December 26th, 2018, BofA/Merrill Reiterated an Neutral rating on December 7th, 2018, and Morgan Stanley Resumed a Equal-Weight rating on September 17th, 2018.

At its current price point, combined with the fact that this company has 600.40M shares outstanding, the current market capitalization sits at 30.90B. In the last trading day, 3,024,676 shares of General Mills, Inc. were traded, which compares to its usual volume of about 4.64M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.44 in the past five trading days, resulting in a percentage change of +0.86% and a moving average of 51.58. In the past 20 days, its price changed by $4.23 (which is +8.95%) and the stock’s moving average was 51.01. Looking back a full 50 days, shares of GIS changed by $7.64 (which is +17.43%) and demonstrated a moving average of 48.08.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 82.91%, a 14-day Stochastic %K score of 77.03% and a 20-day Stochastic %K score of 89.98%. Using a similar metric, General Mills, Inc. (GIS) shares showed a Stochastic %D of 85.44% over the past 9 days, a Stochastic %D score of 78.78% over the last 14 days, and a 20-day Stochastic %D of 91.69%. Meanwhile, this stock’s MACD Oscillator was 0.33 over the past 9 days, 0.39 over the past two weeks, and 0.58 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $51.47 level. Over the past 12 months, this stock has experienced a high price of $51.96 and a low of $36.42. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from General Mills, Inc. (NYSE:GIS) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 44,833,834 shares of the company’s stock following the addition of 1,581,702 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.49% stake in General Mills, Inc. (GIS)’s shares.

Just in the most recent trading day, General Mills, Inc. (NYSE:GIS) experienced a high price of $52.17 and low point of $51.26. At the end of the last trading session, this stock was at 51.47 per share, following a loss of -$51.72, or -0.48% during the full day.