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 $45.30, up from yesterday’s close by 2.47%. 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 $25.92 Billion. That value represents a market adjusting for revenues that have been growing by 2.35 % 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 $2.28 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.84 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.
As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, General Mills, Inc. recorded a 52-week high of $60.69. It is now trading 15.39% off that level. The stock is trading $54.02 its 50-day moving average by 8.72%. The stock carved out a 52-week low down at $44.15.
In recent action, General Mills, Inc. (GIS) has made a move of -11.90% 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 9.74, 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 5.99% with $566.15 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GIS.