Market Update (NYSE:GIS): General Mills Will Webcast February 16 Analyst Presentation

[PR Newswire] – MINNEAPOLIS, Feb. 2, 2016 /PRNewswire/ — General Mills (NYSE: GIS) will webcast its upcoming presentation at the Consumer Analyst Group of New York (CAGNY) conference. Interested investors can listen … Read more on this. General Mills, Inc. (GIS) , valued at $33.11B, opened this morning at $56.12. During the trading session, GIS traded between $55.66 to $56.38 with the price of the stock fluctuating between $47.50 to $59.87 over the last 52 weeks. General Mills (GIS) shares are currently priced at 19.81x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 14.29x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.76 per share annually in dividends, yielding 3.11%. According to a consensus of 14 analysts, the earnings estimate of $0.62 per share would be $0.08 worse than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $2.86 which would be a $0.00 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.09 Billion. If reported, that would be a 5.98% decrease over the year-ago quarter. More recently, Susquehanna Initiated GIS at Neutral (Oct 27, 2015). Previously, Morgan Stanley upgraded GIS from Underweight to Equal-Weight. The average price target for GIS shares by the analysts covering the stock is $58.53, which is 4.29% above where the stock opened this morning. See more in (NYSE:GIS) Similar Articles: Market Update: General Mills Inc (NYSE:GIS) – What to Expect When General Mills (GIS) Reports Earnings Next Week Market Update (NYSE:GIS): General Mills To Webcast Two September Events Market Update: General Mills Inc (NYSE:GIS) – General Mills Launches The Good Table, New Sauce and Crust Mix for Family Dinner