News coverage about General Mills (NYSE:GIS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General Mills earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7345730661883 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
General Mills (NYSE:GIS) traded up $1.40 on Monday, reaching $57.86. 6,296,127 shares of the company’s stock traded hands, compared to its average volume of 3,724,897. The company has a quick ratio of 0.47, a current ratio of 0.74 and a debt-to-equity ratio of 1.83. The firm has a market cap of $32,880.00, a PE ratio of 18.76, a PEG ratio of 2.10 and a beta of 0.66. General Mills has a 52-week low of $49.65 and a 52-week high of $64.06.
General Mills (NYSE:GIS) last posted its quarterly earnings data on Wednesday, September 20th. The company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.05). The company had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.79 billion. General Mills had a net margin of 10.68% and a return on equity of 39.82%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. sell-side analysts expect that General Mills will post 3.1 EPS for the current fiscal year.
A number of equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of General Mills from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. Societe Generale raised shares of General Mills from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Royal Bank Of Canada set a $58.00 price objective on shares of General Mills and gave the stock a “hold” rating in a report on Monday, October 23rd. Jefferies Group began coverage on shares of General Mills in a report on Friday, October 20th. They set a “hold” rating and a $56.00 price objective for the company. Finally, Susquehanna Bancshares set a $56.00 target price on shares of General Mills and gave the stock a “hold” rating in a research report on Tuesday, October 17th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company. General Mills has a consensus rating of “Hold” and an average price target of $56.60.
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General Mills Company Profile
General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.
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