One of the losers of today's trading session was General Mills. Shares of the Packaged foods company plunged -2.9%, and some investors may be wondering if its price of $77.25 would make a good entry point. Here's what you should know if you are considering this investment:
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General Mills has moved 25.8% over the last year, and the S&P 500 logged a change of -15.5%
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GIS has an average analyst rating of hold and is -0.89% away from its mean target price of $77.94 per share
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Its trailing earnings per share (Eps) is $4.75
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General Mills has a trailing 12 month Price to Earnings (P/E) ratio of 16.3 while the S&P 500 average is 15.97
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Its forward earnings per share (Eps) is $4.35 and its forward P/E ratio is 17.8
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The company has a Price to Book (P/B) ratio of 4.3 in contrast to the S&P 500's average ratio of 2.95
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General Mills is part of the Consumer Defensive sector, which has an average P/E ratio of 24.21 and an average P/B of 4.09
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GIS has reported YOY quarterly earnings growth of 32.4% and gross profit margins of 32.6%
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The company has a free cash flow of $2,937,787,392.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
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