$0.75 EPS Expected for General Mills, Inc. (GIS)

June 14, 2018 - By David Engel

General Mills, Inc. (NYSE:GIS) LogoInvestors sentiment decreased to 0.84 in Q1 2018. Its down 0.05, from 0.89 in 2017Q4. It turned negative, as 93 investors sold General Mills, Inc. shares while 377 reduced holdings. 99 funds opened positions while 297 raised stakes. 409.04 million shares or 0.94% more from 405.24 million shares in 2017Q4 were reported.
223,809 are held by Natl Bank. Farmers Trust Communications holds 0.35% in General Mills, Inc. (NYSE:GIS) or 25,803 shares. Cullen Frost Bankers Inc holds 0.04% or 29,728 shares. Bluecrest Cap reported 10,000 shares. Victory Capital Inc has 0.02% invested in General Mills, Inc. (NYSE:GIS). Albion Fin Grp Inc Ut, Utah-based fund reported 27,033 shares. Northside Management Ltd holds 27,305 shares or 0.4% of its portfolio. Argent Company reported 13,909 shares. Cubist Systematic Strategies Ltd Liability Corp holds 141,496 shares or 0.37% of its portfolio. Westpac Bk holds 152,520 shares or 0% of its portfolio. Gulf Intll Retail Bank (Uk) reported 182,974 shares stake. 2,462 were accumulated by Winslow Evans & Crocker. Architects accumulated 12,160 shares. Boothbay Fund Limited Liability accumulated 9,050 shares. Arrow Fincl holds 13,880 shares.

Since January 9, 2018, it had 1 buying transaction, and 1 insider sale for $264,350 activity. On Wednesday, May 23 the insider HARMENING JEFFREY L bought $253,108.

Analysts expect General Mills, Inc. (NYSE:GIS) to report $0.75 EPS on June, 27.They anticipate $0.02 EPS change or 2.74 % from last quarter’s $0.73 EPS. GIS’s profit would be $444.67M giving it 14.87 P/E if the $0.75 EPS is correct. After having $0.79 EPS previously, General Mills, Inc.’s analysts see -5.06 % EPS growth. The stock increased 0.22% or $0.1 during the last trading session, reaching $44.62. About 5.78 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 24.97% since June 14, 2017 and is downtrending. It has underperformed by 37.54% the S&P500.

General Mills, Inc. (NYSE:GIS) Ratings Coverage

Among 17 analysts covering General Mills (NYSE:GIS), 4 have Buy rating, 0 Sell and 13 Hold. Therefore 24% are positive. General Mills has $69 highest and $44.0 lowest target. $52.13’s average target is 16.83% above currents $44.62 stock price. General Mills had 26 analyst reports since December 18, 2017 according to SRatingsIntel. The rating was upgraded by Societe Generale to “Hold” on Thursday, March 22. The firm has “Neutral” rating given on Wednesday, March 14 by JP Morgan. Piper Jaffray maintained General Mills, Inc. (NYSE:GIS) rating on Tuesday, March 27. Piper Jaffray has “Hold” rating and $4700 target. The stock of General Mills, Inc. (NYSE:GIS) has “Sell” rating given on Monday, February 26 by Societe Generale. The firm has “Buy” rating given on Wednesday, February 14 by Jefferies. RBC Capital Markets maintained it with “Hold” rating and $60.0 target in Thursday, December 21 report. The firm has “Hold” rating by Credit Suisse given on Wednesday, February 21. On Wednesday, March 28 the stock rating was maintained by Credit Suisse with “Hold”. The firm earned “Buy” rating on Monday, December 18 by Wells Fargo. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, December 20 report.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $26.46 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 11.94 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

More recent General Mills, Inc. (NYSE:GIS) news were published by: Bizjournals.com which released: “Four Twin Cities executives make national list of influential leaders in corporate diversity” on June 13, 2018. Also Seekingalpha.com published the news titled: “General Mills: What Is A Good Price Point To Buy At?” on June 05, 2018. Benzinga.com‘s news article titled: “General Mills’ 30% Upside Looks Appetizing” with publication date: May 24, 2018 was also an interesting one.

General Mills, Inc. (NYSE:GIS) Institutional Positions Chart

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