Will General Mills stock go up? (2024)

Will General Mills stock go up?

The average price target for General Mills is $71.94. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $84.00 ,the lowest forecast is $61.00. The average price target represents 2.77% Increase from the current price of $70.

What is the outlook for General Mills stock?

According to the issued ratings of 17 analysts in the last year, the consensus rating for General Mills stock is Hold based on the current 2 sell ratings, 12 hold ratings and 3 buy ratings for GIS.

Is General Mills good to invest in?

GIS is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.37; value investors should take notice.

What is the future price of General Mills stock?

General Mills stock prediction for 1 year from now: $ 67.67 (-3.90%) General Mills stock forecast for 2025: $ 73.64 (4.59%) General Mills stock prediction for 2030: $ 92.16 (30.88%)

What is General Mills stock forecast for 2025?

On average, Wall Street analysts predict that General Mills's share price could reach $71.31 by Mar 22, 2025. The average General Mills stock price prediction forecasts a potential upside of 3.21% from the current GIS share price of $69.09.

Who is the biggest shareholder in General Mills?

General Mills is not owned by hedge funds. The company's largest shareholder is BlackRock, Inc., with ownership of 9.6%.

Is General Mills in debt?

Total debt on the balance sheet as of February 2024 : $12.51 B. According to General Mills's latest financial reports the company's total debt is $12.51 B. A company's total debt is the sum of all current and non-current debts.

Is General Mills a safe stock?

General Mills is a giant in the U.S. consumer packaged foods industry. Some of the company's famous food brands include Cheerios, Häagen-Dazs, Green Giant, Wheaties, and Nature Valley. GIS stock is usually considered a safe stock, but it hasn't been very safe to invest in General Mills in 2023.

Is General Mills a good long term stock?

Based on analyst ratings, General Mills's 12-month average price target is $71.94. General Mills has 2.77% upside potential, based on the analysts' average price target. General Mills has a conensus rating of Hold which is based on 3 buy ratings, 12 hold ratings and 1 sell ratings.

Is General Mills a good long term investment?

A company's earnings performance is important for value investors as well. For fiscal 2024, eight analysts revised their earnings estimate higher in the last 60 days for GIS, while the Zacks Consensus Estimate has increased $0.02 to $4.51 per share. GIS also holds an average earnings surprise of 7.2%.

Is General Mills stock a buy or sell?

General Mills has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 3 buy ratings, 12 hold ratings, and 2 sell ratings.

How long has General Mills been paying a dividend?

General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 125 years. General Mills makes food the world loves.

How often does General Mills pay dividends?

General Mills, Inc. ( GIS ) pays dividends on a quarterly basis.

When was the last time General Mills stock split?

General Mills stock (symbol: GIS) underwent a total of 5 stock splits. The most recent stock split occured on June 9th, 2010.

How long has General Mills been publicly traded?

Our broad portfolio of great brands has driven strong performance for General Mills during our 94-year history as a publicly traded company.

How many shares of General Mills are there?

According to General Mills's latest financial reports and stock price the company's current number of shares outstanding is 569,500,000. At the end of 2024 the company had 569,500,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Who is General Mills biggest competitor?

General Mills main competitors are Quaker Oats, Ecolab, and The Clorox Company.

Who owns General Mills now?

General Mills is a publicly-owned entity with over 100 subsidiaries. As of December 2021, Vanguard Group owned over 50.7 million company shares and was the largest holder of General Mills shares.

Is General Mills owned by Nestle?

Is General Mills owned by Nestle? No, but General Mills makes Blue Buffalo and other dog food brands. Nestle makes Alpo, Dog Chow and others.

Why is General Mills bad?

Consumer Reports found high levels of phthalates in various General Mills foods, including Annie's Organic Cheesy Ravioli and Cheerios. The advocacy group launched a petition urging the elimination of these plasticizers, known to compromise durability and flexibility in plastics.

Is General Mills undervalued?

Compared to the current market price of 70.42 USD, General Mills Inc is Undervalued by 7%. What is intrinsic value? General Mills Inc's market capitalization is 39.8B USD.

Is General Mills a good company?

General Mills Reviews FAQs

General Mills has an overall rating of 4.1 out of 5, based on over 4,416 reviews left anonymously by employees. 84% of employees would recommend working at General Mills to a friend and 74% have a positive outlook for the business. This rating has been stable over the past 12 months.

Is General Mills owned by China?

This U.S.-based company General Mills has had a presence in China for nearly 30 years, where it runs four manufacturing facilities and three cake kitchens. Apart from Häagen-Dazs, it also owns the dumpling brand Wanchai Ferry. The company is planning to boost investment in China.

Is General Mills profitable?

Adjusted operating profit of $914 million increased 14 percent in constant currency, driven primarily by lower compensation and benefits expenses. Adjusted operating profit margin was up 220 basis points to 17.9 percent. Net earnings attributable to General Mills of $670 million were up 21 percent.

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