General Mills (GIS) Getting Somewhat Positive Press Coverage, Analysis Shows

Media coverage about General Mills (NYSE:GIS) has trended somewhat positive on Tuesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. General Mills earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.4397683872668 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern’s scoring:

General Mills (GIS) traded down $0.61 during mid-day trading on Tuesday, hitting $57.25. 4,209,849 shares of the company traded hands, compared to its average volume of 3,726,970. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.47 and a current ratio of 0.74. The firm has a market capitalization of $32,088.39, a PE ratio of 18.76, a P/E/G ratio of 2.10 and a beta of 0.66. General Mills has a twelve month low of $49.65 and a twelve month high of $64.06.

General Mills (NYSE:GIS) last posted its earnings results on Wednesday, September 20th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.05). The business 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%. General Mills’s revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 earnings per share. analysts predict that General Mills will post 3.1 EPS for the current fiscal year.

GIS has been the topic of several analyst reports. Piper Jaffray Companies set a $56.00 target price on shares of General Mills and gave the stock a “sell” rating in a research report on Monday, August 7th. BMO Capital Markets reissued a “hold” rating on shares of General Mills in a research report on Tuesday, August 8th. BidaskClub raised shares of General Mills from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Zacks Investment Research raised shares of General Mills from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $62.00 target price on shares of General Mills in a research report on Wednesday, September 6th. Four 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. The stock currently has a consensus rating of “Hold” and a consensus target price of $56.60.

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About General Mills

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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