General Mills, Inc (NYSE: GIS) Stock Price Forecast: $100

General Mills, Inc (NYSE:GIS) shares, rose in value on Wednesday, March 26, with the stock price up by 2.21% to the previous day’s close as strong demand from buyers drove the stock to $59.07.

Actively observing the price movement in the last trading, the stock closed the session at $57.79, falling within a range of $57.83 and $59.295. The value of beta (5-year monthly) was 0.055 whereas the PE ratio was 12.97 over 12-month period. Referring to stock’s 52-week performance, its high was $75.90, and the low was $55.15. On the whole, GIS has fluctuated by -4.09% over the past month.

With the market capitalization of General Mills, Inc currently standing at about $32.35 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-18. The company’s Forward Dividend Ratio is 2.39, with its dividend yield at 4.05%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GIS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of GIS currently trading nearly -2.45% and -1.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.16, while the 7-day volatility ratio is showing 2.14% which for the 30-day chart, stands at 3.05%. Furthermore, General Mills, Inc (GIS)’s beta value is 0.15, and its average true range (ATR) is 1.72.

A comparison of General Mills, Inc (GIS) with its peers suggests the former has fared considerably weaker in the market. GIS showed an intraday change of 2.21% in last session, and over the past year, it shrunk by -14.52%%.

Data on historical trading for General Mills, Inc (NYSE:GIS) indicates that the trading volumes over the past 10 days have averaged 10.28 and over the past 3 months, they’ve averaged 5.74 million. According to company’s latest data on outstanding shares, there are 547.50 million shares outstanding.

Nearly 0.36% of General Mills, Inc’s shares belong to company insiders and institutional investors own 82.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 26.09 million shares as on 2025-03-14, resulting in a short ratio of 4.6. According to the data, the short interest in General Mills, Inc (GIS) stood at 536.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 23.46 million. The stock has fallen by -7.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GIS stock heading into the next quarter.

Most Popular