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

November 15, 2017 - By Marie Mckinney

 General Mills, Inc. (GIS) Analysts See $0.82 EPS
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.
Qci Asset Management invested in 4,148 shares or 0.03% of the stock. Moreover, Caisse De Depot Et Placement Du Quebec has 0.03% invested in General Mills, Inc. (NYSE:GIS) for 213,775 shares. Covington Invest Advisors invested in 1.15% or 54,365 shares. St Johns Mgmt Comm Limited Liability Corporation holds 760 shares or 0.03% of its portfolio. 6,719 were reported by Evermay Wealth Mgmt Ltd Llc. Ashfield Cap Prtnrs Ltd Limited Liability Company invested 0.27% in General Mills, Inc. (NYSE:GIS). Schnieders Cap Mgmt Limited Com owns 33,463 shares. Boston Advsr Limited Com reported 0.03% of its portfolio in General Mills, Inc. (NYSE:GIS). Kdi Partners Ltd stated it has 0.64% of its portfolio in General Mills, Inc. (NYSE:GIS). New York-based Qs Investors Ltd Limited Liability Company has invested 0.09% in General Mills, Inc. (NYSE:GIS). Independent Port Consultants has invested 0.02% in General Mills, Inc. (NYSE:GIS). Lvw Ltd reported 45,391 shares. Accredited Invsts Incorporated reported 1.81% of its portfolio in General Mills, Inc. (NYSE:GIS). Shell Asset Management accumulated 249,461 shares. The Ohio-based Bahl & Gaynor has invested 0.1% in General Mills, Inc. (NYSE:GIS).

Wall Street await General Mills, Inc. (NYSE:GIS) to release earnings on December, 19. Analysts forecast earnings per share of $0.82, down exactly $0.03 or 3.53 % from 2014’s $0.85 EPS. The expected GIS’s profit could reach $466.06 million giving the stock 16.50 P/E in the case that $0.82 earnings per share is reported. After posting $0.71 EPS for the previous quarter, General Mills, Inc.’s analysts now forecast 15.49 % EPS growth. The stock increased 2.19% or $1.16 during the last trading session, reaching $54.12. About 5.40M shares traded or 49.58% up from the average. General Mills, Inc. (NYSE:GIS) has declined 10.63% since November 15, 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. Susquehanna maintained General Mills, Inc. (NYSE:GIS) rating on Wednesday, July 12. Susquehanna has “Hold” rating and $5800 target. Wells Fargo maintained General Mills, Inc. (NYSE:GIS) rating on Friday, September 22. Wells Fargo has “Market Perform” rating and $53 target. The rating was maintained by RBC Capital Markets on Monday, October 23 with “Hold”. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, September 21. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, June 30. The firm has “Hold” rating by Susquehanna given on Tuesday, May 30. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, September 21. The company was maintained on Thursday, March 24 by JP Morgan. The firm has “Hold” rating given on Wednesday, November 8 by Societe Generale. RBC Capital Markets maintained it with “Outperform” rating and $64 target in Monday, December 7 report.

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The company has market cap of $30.76 billion. The Firm is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. It has a 19.38 P/E ratio. The Firm has three divisions: U.S.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “Should I Invest In General Mills?” on November 01, 2017, also Nasdaq.com with their article: “Perpetual Ltd Buys Alphabet Inc, NetEase Inc, General Mills Inc, Sells …” published on November 01, 2017, Seekingalpha.com published: “General Mills: Wandering In A Dark Wood” on October 30, 2017. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Bizjournals.com and their article: “General Mills pulls ‘gluten free’ label from Canadian Cheerios” published on October 26, 2017 as well as Globenewswire.com‘s news article titled: “Former General Mills Executive Joins Canadian Startup as Advisor” with publication date: November 14, 2017.

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