Taking a Fresh Look at General Mills, Inc. (GIS)

General Mills, Inc. (GIS) is an interesting player in the Consumer Goods space, with a focus on Processed & Packaged Goods. The stock has been active on the tape, currently trading at $51.97, up from yesterday’s close by 1.01%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

General Mills, Inc. (GIS) currently trades with a market capitalization of $29.72 Billion. That value represents a market adjusting for revenues that have been growing by 2.11 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.27 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.78 on a per share basis this quarter. Perhaps, that suggests something about why 1.18% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how GIS has been acting. Looking at the stock’s movement on the chart, General Mills, Inc. recorded a 52-week high of $61.34. It is now trading 9.37% off that level. The stock is trading $56.16 its 50-day moving average by 4.19%. The stock carved out a 52-week low down at $49.65.

In recent action, General Mills, Inc. (GIS) has made a move of -5.03% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.8, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.97% with $567.27 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GIS.

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