General Mills stock hits 52-week low at $58.27 amid market shifts By Investing.com
In a difficult market environment, General Mills Inc. (NYSE: ) shares hit a 52-week low, falling to $58.27. The consumer food giant, known for its popular brands, has faced headwinds that have weighed on its stock price over the past year, reaching this latest low point. Trading at a P/E ratio of 12.66 with a steady dividend yield of 4.08%, the company has a record of 55 consecutive dividend payouts. InvestingPro: The analysis shows that the stock is currently undervalued, and technical indicators point to oversold conditions. Investors are digesting the company’s performance amid broader economic concerns, which has led to a 7.19% decline broad market sentiment and challenges specific to the consumer goods industry as General Mills continues to navigate changing consumer preferences and complex global supply chain issues across the landscape.For more in-depth insights into General Mills’ valuation and financial health metrics, investors can access Pro Research’s comprehensive report available on the website. InvestingPro:which covers over 1,400 US stocks with expert analysis and actionable intelligence.
In other recent news, General Mills saw a number of financial developments. The company’s fiscal 2025 earnings per share rose 12% to $1.40. However, General Mills revised its 2025 guidance up full-year guidance down due to increased investment Financial services firm Stifel revised its earnings per share forecast to $4.44, which indicates a 2% decline for the year.While Bernstein SocGen Group, Mizuho (NYSE:), Citi and Jefferies maintained a neutral stance on General Mills, with Jefferies lowering its target to $66 amid price concerns mergers and acquisitions could reduce earnings per share by roughly 4%.These are the latest developments shaping General Mills’ current financial landscape.
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