General Mills logged a 2.85% change during today's premarket session, and is now trading at a price of $82.15 per share. The S&P 500 index moved 0.27% and the Nasdaq posted a 1.19% change.
General Mills shares moved 21.9% over the last 52 weeks, with a high of $87.79 and a low of $63.63. During this time, the stock outperformed the S&P 500 index by 34.98%. As of January 2022, the company's 50-day average price is $79.0. General Mills, Inc., is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. The large-cap Consumer Staples company is based in Minneapolis, MN. General Mills has returned a 2.68% dividend yield over the last 12 months.
Sustained EPS Growth with Reasonable Leverage Levels:
|Operating Margins Growth||n/a||17.31%||-0.52%||13.37%|
|Earnings Per Share||$2.9||$3.57||$3.82||$4.48|
|Diluted Shares (MM)||604||611||613||604|
|Free Cash Flow (MM)||$2,269||$3,215||$2,452||$2,747|
|Capital Expenditures (MM)||$538||$461||$531||$569|
|Net Debt / EBITDA||0.35||-0.34||-0.25||2.21|
General Mills Is Reasonably Valued:
Compared to the Consumer Staples sector's average of 24.36, General Mills has a trailing twelve month P/E ratio of 17.33 and, according to its EPS guidance of 4.41, an expected P/E ratio of 18.63. General Mills's PEG ratio is 3.47 based on its 5.0% annual average growth rate of historical and projected earnings per share. This suggests that the company's shares are overvalued.
General Mills's P/B ratio is 4.818 compared to its sector average of 4.29. The company is likely overvalued in terms of its net asset value. The company's shares are currently trading 118.02% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 5-year average EPS * book value per share) = √(22.5 * 3.68 * 17.15) = $37.68
Most of the Market Indicators on General Mills Are Negative:
17 analysts are following General Mills and have set target prices ranging from $65.0 to $95.0 per share. On average, they have given the company a rating of hold. At the current price of $82.15, GIS is trading 0.83% away from its average analyst target price of $81.47 per share, implying an analyst consensus of little upside potential for the stock.
The company has an average amount of shares sold short since 2.13% of the company's shares are tied to short positions. Institutions own 79.7% of General Mills's shares, while the insider ownership rate stands at 0.18%. The biggest shareholder is Blackrock Inc. with a 10% stake in the company worth approximately $4,637,989,543.