|Bid||0.00 x 1000|
|Ask||45.90 x 3000|
|Day's Range||44.89 - 45.68|
|52 Week Range||41.01 - 60.69|
|PE Ratio (TTM)||12.10|
|Earnings Date||Jun 27, 2018|
|Forward Dividend & Yield||1.96 (4.31%)|
|1y Target Est||49.00|
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 6. Index (PMI) data, output in the Consumer Goods sector is rising.
The "Mad Money" host suggests investors raise cash if they have lingering worries about the administration's hard-line approach to trade. If you think President Donald Trump has gotten as aggressive as he'll get on the trade front, "you ain't seen nothin' yet," CNBC's Jim Cramer said Friday. "Here's the thing: the president believes we've seen remarkable job creation thanks to his steel and aluminum tariffs, so in his view, this policy's working," Cramer said.
Most analysts are maintaining a “hold” recommendation for General Mills (GIS) stock before its fiscal fourth-quarter earnings release. Barclays has lowered its price target to $46 from $48.
Analysts expect General Mills (GIS) to report adjusted EPS of $0.74 in its fiscal fourth quarter. That’s a YoY (year-over-year) growth of just 1.4%. Its projected growth rate seems quite low compared to its peers.
If you are an income investor, then General Mills Inc (NYSE:GIS) should be on your radar. General Mills, Inc. manufactures and markets branded consumer foods in the United States. OverRead More...
General Mills (GIS) stock has underperformed the broader index so far this year, falling 24.6% YTD (year-to-date) as of June 18. The S&P 500 Index (SPY) has risen 3.7%. Sluggish margins and a soft EPS outlook took a toll on the stock. In its fiscal third-quarter conference call, GIS management lowered the fiscal 2018 EPS outlook, citing margin headwinds. That didn’t go well with investors, and the stock fell 9% after the earnings release.
General Mills' venture arm, 301 Inc., has invested in the parent company of GoodBelly Probiotics, the companies will announce later Wednesday. GoodBelly is known for its probiotic juices and shots but has been looking to expand into new products, such as bars. General Mills can help with its product expansion, leaning on its expertise managing brands such as Nature Valley Bars and Annie's Homegrown snacks.
General Mills' (GIS) focus on innovations, key growth strategies and solid cost-savings activities is likely to offset elevated supply-chain costs in Q4.
General Mills on Tuesday unveiled YQ by Yoplait, pitching the new protein-packed yogurt brand will help woo back customers who abandoned Yoplait in recent years for Greek-style rivals.
- YQ by Yoplait Plain brings new 1-gram-sugar-per-serving option to the category - Flavored varieties offer 9 grams of sugar per serving, 40 percent less sugar than the leading Greek low-fat yogurt* MINNEAPOLIS ...
Monday marked the official announcement that an annual PGA tour event will take place in Minnesota, but there's still a ton of planning and work to be done.
General Mills Inc. is betting that less sugar will help spark growth in the company’s slumping yogurt unit. Called “YQ by Yoplait,” the new variety is made with so-called ultra-filtered milk and is less sweet than many popular products in the category. A year ago, General Mills released Oui, a yogurt with French heritage, and the product is on track to reach $100 million in annual sales, making it one top-performing new product launches in the past few years, according to the company.
U.S. equities are trading meekly on Monday, inching lower with caution. The specter of an outright trade war with China looms large, with a tit-for-tat involving billions in import tariffs already underway. Moreover, central banks are turning increasingly hawkish with the Federal Reserve jacking interest rates higher again last week and promising two more hikes before the year is out. The European Central Bank is committed to ending its bond buying stimulus program before the end of the year.
Lazy financial writers like to say that higher bond yields will hurt dividend stocks. This blanket statement may sound reasonable, but it’ll cost you money if you take it at face value.
MINNEAPOLIS, June 18, 2018 /PRNewswire/ -- General Mills (GIS) has announced Katie Stagliano, founder of Katie's Krops, as the grand prize winner of the inaugural General Mills Feeding Better Futures Scholars Program, an initiative encouraging young people to share their in-action hunger relief and sustainable agriculture solutions for a chance to win $50,000, industry mentorship and exposure at the prestigious Aspen Ideas Festival. Jeff Harmening, CEO and chairman of General Mills, surprised Stagliano with a remote announcement at Tricounty Family Ministries food pantry — the place that inspired her to start Katie's Krops at just nine-years-old — as she celebrated the non-profit's ten-year anniversary.
WallStEquities.com has initiated research reports on the following Processed & Packaged Goods stocks: General Mills Inc. (NYSE: GIS), Conagra Brands Inc. (NYSE: CAG), Flowers Foods Inc. (NYSE: FLO), and Hostess Brands Inc. (NASDAQ: TWNK). All you have to do is sign up today for this free limited time offer by clicking the link below.
Stocks of companies like Procter & Gamble (PG) and General Mills (GIS) were downtrodden amid poor earnings and forecasts. Consumer-staples companies rallied for a fifth straight session on Tuesday, powered higher by heavyweights General Mills and Kellogg (K).
Editor’s Note: This is the second part of a Heard on the Street series on the food industry. Daniel Acker/Bloomberg News A Campbell Soup Co. acquired smoothie maker Bolthouse Farms in 2012 for $1.55 billion.
Following a tense G7, President Trump struggles to find support for his trade policies at home. Yahoo Finance's Seana Smith, Andy Serwer and Julia La Roche discuss.