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General Mills (DE:GRM)
XETRA:GRM
General Mills (GRM) Stock Price & Analysis
6 Followers
GRM Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€56.14 - €81.36
Previous Close€66.6
Volume367.00
Average Volume (3M)710.00
Market Cap
€37.36B
Enterprise Value€48.74B
Total Cash (Recent Filing)$588.60M
Total Debt (Recent Filing)$12.51B
Price to Earnings (P/E)16.6
Beta-0.15
Next Earnings
Jun 26, 2024EPS Estimate
€0.93Next Dividend Ex-DateN/A
Dividend Yield3.24%
Share Statistics
EPS (TTM)4.02
Shares Outstanding564,548,763
10 Day Avg. Volume1,092
30 Day Avg. Volume710
Standard Deviation0.06
R-Squared0.00112
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-3.35
Price to Sales (P/S)7.25
Price to Cash Flow (P/CF)10.60
P/FCF Ratio11.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.42
Enterprise Value/Gross Profit7.45
Enterprise Value/Ebitda17.44
Forecast
1Y Price Target
€68.10Price Target Upside4.77% Upside
Rating ConsensusHold
Number of Analyst Covering15
General Mills News
Bulls Say, Bears Say
Bulls Say
Financial Strategy And GrowthAnalysts highlight General Mills' strategic focus on core business growth and a disciplined mergers and acquisitions strategy, aiming for 2-3% long-term growth.
Market Position And Industry TrendsWith an expanding value gap versus away-from-home food and a higher share of at-home eating occasions compared to pre-COVID levels, there is a favorable outlook for the grocery sector.
Operational Efficiency And Financial PerformanceGeneral Mills' commitment to productivity and targeted investments is expected to yield above-normal gross margin expansion, with strong visibility into sustaining productivity savings.
Bears Say
Financial HeadwindsTrade spend timing expected to be a headwind to North America Retail & Pet in 4Q.
Future Performance UncertaintyGIS is not yet ready to commit to a top-line growth algorithm for FY25, indicating uncertainty in future performance.
Weak Consumption TrendsAnalysts remain cautious due to weak overall consumption trends and volatility in Pet.
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Ownership Overview
5.92% Insiders
22.19% Mutual Funds
26.51% Other Institutional Investors
45.38% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by General Mills
Desktop Users
Mobile Users
GRM FAQ
What was General Mills’s price range in the past 12 months?
General Mills lowest stock price was €56.14 and its highest was €81.36 in the past 12 months.
What is General Mills’s market cap?
Currently, no data Available
When is General Mills’s upcoming earnings report date?
General Mills’s upcoming earnings report date is Jun 26, 2024 which is in 55 days.
How were General Mills’s earnings last quarter?
General Mills released its earnings results on Mar 20, 2024. The company reported €1.093 earnings per share for the quarter, beating the consensus estimate of €0.976 by €0.117.
Is General Mills overvalued?
According to Wall Street analysts General Mills’s price is currently Undervalued.
Does General Mills pay dividends?
General Mills does not currently pay dividends.
What is General Mills’s EPS estimate?
General Mills’s EPS estimate is €0.93.
How many shares outstanding does General Mills have?
General Mills has 564,548,770 shares outstanding.
What happened to General Mills’s price movement after its last earnings report?
General Mills reported an EPS of €1.093 in its last earnings report, beating expectations of €0.976. Following the earnings report the stock price went up 2.652%.
Which hedge fund is a major shareholder of General Mills?
Among the largest hedge funds holding General Mills’s share is Bridgewater Associates, LP. It holds General Mills’s shares valued at 63M.
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General Mills Stock Smart Score
Outperform
1
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5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€68.10 (4.77% Upside)
€68.10 (4.77% Upside)
Blogger Sentiment
Bullish
DE:GRM Sentiment 82%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $695.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.94%
12-Months-Change
Fundamentals
Return on Equity
25.97%
Trailing 12-Months
Asset Growth
-1.09%
Trailing 12-Months
Company Description
General Mills
General Mills, Inc. is a multinational food company. Headquartered in Minneapolis, the company manufactures and markets branded consumer foods, which it sells through retail stores. Its product categories include convenient meals, ready-to-eat cereals, snacks, super-premium ice creams, yogurt, baking mixes and ingredients, and refrigerated and frozen dough.
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GRM Company Deck
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GRM Earnings Call
Q3 2024
0:00 / 0:00
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GRM Stock 12 Months Forecast
Average Price Target
€68.10
▲(4.77% Upside)
Technical Analysis
Best Analysts Covering GRM
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+7.01%
reiterated a buy rating last month
Copying Michael Lavery's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +7.01% per trade.
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