The price of General Mills, Inc (NYSE:GIS) shares last traded on Wall Street fell -5.11% to $50.68.
GIS stock price is now -7.53% away from the 50-day moving average and -18.44% away from the 200-day moving average. The market capitalization of the company currently stands at $27.75B.
With the price target maintained at $58, Goldman recently Downgraded its rating from Buy to Neutral for General Mills, Inc (NYSE: GIS). On April 23, 2025, UBS recently initiated its ‘Sell’ rating on the stock quoting a target price of $54, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, Sharma Pankaj MN, Segment President sold 3,643 shares of the company’s stock on May 15 ’25. The stock was sold for $197,159 at an average price of $54.12. Upon completion of the transaction, the Segment President now directly owns 33,073 shares in the company, valued at $1.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Officer PANKAJ SHARMA bought 3,643 shares of the business’s stock. A total of $197,159 was incurred on buying the stock at an average price of $54.12. A total of 0.37% of the company’s stock is owned by insiders.
During the past 12 months, General Mills, Inc has had a low of $52.39 and a high of $75.90. As of last week, the company has a debt-to-equity ratio of 1.62, a current ratio of 0.67, and a quick ratio of 0.43.
The net profit margin was 11.72% and return on equity was 24.57% for GIS. The company reported revenue of $4.84 billion for the quarter, compared to $5.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.04 percent.
