NYSE:GIS', 'General Mills Inc.', 'http://kldaily.com/kl-logo.png');

Analysts See $0.82 EPS for General Mills, Inc. (GIS)

December 8, 2017 - By Lynda A. Deweese

 Analysts See $0.82 EPS for General Mills, Inc. (GIS)
Investors sentiment increased to 1 in 2017 Q2. Its up 0.10, from 0.9 in 2017Q1. It increased, as 73 investors sold General Mills, Inc. shares while 363 reduced holdings. 93 funds opened positions while 344 raised stakes. 389.74 million shares or 0.52% less from 391.76 million shares in 2017Q1 were reported.
Massachusetts Financial Service Com Ma owns 12.74 million shares. Lipe & Dalton has 806 shares. Arcadia Investment Mgmt Mi reported 355 shares or 0.01% of all its holdings. New York-based Oppenheimer Asset Management has invested 0.24% in General Mills, Inc. (NYSE:GIS). Cubist Systematic Strategies Ltd Company owns 17,143 shares for 0.06% of their portfolio. Baystate Wealth Management Ltd owns 535 shares. Iberiabank accumulated 6,140 shares. Hotchkis & Wiley Capital Mngmt Ltd owns 18,300 shares or 0% of their US portfolio. Utd Services Automobile Association accumulated 211,176 shares. Cibc Asset Mngmt invested 0.12% in General Mills, Inc. (NYSE:GIS). Security Savings Bank Of Sioux City Iowa Ia holds 1.02% or 18,758 shares. Miller Investment Mngmt L P holds 0.31% of its portfolio in General Mills, Inc. (NYSE:GIS) for 15,700 shares. Moreover, Retail Bank has 0.17% invested in General Mills, Inc. (NYSE:GIS). Dana Advsr invested in 0.39% or 150,012 shares. Palisade Asset Mgmt holds 58,959 shares or 0.64% of its portfolio.

Analysts expect General Mills, Inc. (NYSE:GIS) to report $0.82 EPS on December, 19.They anticipate $0.03 EPS change or 3.53 % from last quarter’s $0.85 EPS. GIS’s profit would be $466.04M giving it 17.28 P/E if the $0.82 EPS is correct. After having $0.71 EPS previously, General Mills, Inc.’s analysts see 15.49 % EPS growth. The stock decreased 1.25% or $0.72 during the last trading session, reaching $56.69. About 3.13 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 10.63% since December 8, 2016 and is downtrending. It has underperformed by 27.33% the S&P500.

General Mills, Inc. (NYSE:GIS) Ratings Coverage

Among 22 analysts covering General Mills Inc. (NYSE:GIS), 1 have Buy rating, 5 Sell and 16 Hold. Therefore 5% are positive. General Mills Inc. had 59 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Monday, December 7. The stock of General Mills, Inc. (NYSE:GIS) has “Sell” rating given on Thursday, June 30 by Goldman Sachs. The firm has “Sell” rating given on Monday, August 7 by Piper Jaffray. The firm earned “Hold” rating on Friday, August 28 by Zacks. RBC Capital Markets maintained it with “Outperform” rating and $70 target in Friday, June 17 report. Stifel Nicolaus maintained it with “Hold” rating and $55 target in Thursday, June 29 report. UBS initiated General Mills, Inc. (NYSE:GIS) rating on Wednesday, February 24. UBS has “Neutral” rating and $60 target. The rating was downgraded by Consumer Edge to “Underperform” on Tuesday, September 20. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, December 1. Goldman Sachs maintained it with “Neutral” rating and $59 target in Thursday, March 24 report.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $32.22 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 20.31 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “Will General Mills Be Acquired By Nestle?” on November 22, 2017, also Seekingalpha.com with their article: “General Mills back full-year guidance” published on November 14, 2017, Foodbusinessnews.net published: “General Mills adds a little love to logo” on December 06, 2017. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Bizjournals.com and their article: “General Mills will close Minneapolis R&D lab, move staff to headquarters” published on December 04, 2017 as well as Seekingalpha.com‘s news article titled: “General Mills Under Pressure: Will It Yield A Diamond Or Just Coal Dust?” with publication date: November 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.