Deutsche Bank Upgrades General Mills, Says Blue Buffalo Acquisition Underappreciated. Deutsche Bank’s Rob Dickerson upgraded General Mills from Hold to Buy and boosted the target price from $43 to $54. General Mills — the company behind a number of iconic brands that also include Pillsbury, Nature Valley and Häagen-Dazs ice cream among many others — has had years of what Dickerson called “subpar” growth and a string of missed guidance expectations that soured investors on the Golden Valley, Minnesota-based company. But stronger domestic retail trends and what looks like a strong growth opportunity for Blue Buffalo pet food sales at Walmart Inc (NYSE: WMT) are underappreciated, the analyst said. Deutsche Bank had been waiting to see how Blue Buffalo performed — and whether General Mills had gains in its base products, which it has, Dickerson said.
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INX:GIS, Mar 18, 04:55 UTC
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Date: 17 Mar 19 Time: 13:15
Thursday, March 14
Wednesday, March 13
Date: 13 Mar 19 Time: 14:30
Analysts Estimate General Mills (GIS) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on higher revenues when General Mills (GIS) reports results for the quarter ended February 2019. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March 20. This maker of Cheerios cereal, Yoplait yogurt and other packaged foods is expected to post quarterly earnings of $0.69 per share in its upcoming report, which represents a year-over-year change of -12.7%. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for General Mills? For General Mills, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate.
Date: 13 Mar 19 Time: 11:32
General Mills: Analysts Expect the Stock to Decline
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ recommendationsAnalysts have a consensus target price of $45.35 per share on General Mills (GIS) stock, which implies a downside of 3.3% based on its closing.
Tuesday, March 12
Date: 12 Mar 19 Time: 18:05
General Mills’ Q3 Earnings Could Decline
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ estimate Analysts expect General Mills (GIS) to post an adjusted EPS of $0.69, which implies a decline of 12.7% YoY (year-over-year). Analysts expect higher.
Date: 12 Mar 19 Time: 16:35
General Mills: What to Expect from Its Q3 Sales
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ estimateAnalysts expect General Mills (GIS) to post net sales of $4.2 billion in the third quarter, which implies ~8% growth YoY (year-over-year). Analysts.
Monday, March 11
Date: 11 Mar 19 Time: 13:10
Is General Mills (GIS) a Great Value Stock Right Now?
Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. These are only a few of the key metrics included in General Mills's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, GIS looks like an impressive value stock at the moment. Click to get this free report General Mills, Inc. (GIS) : Free Stock Analysis Report To read this article on Zacks.com click here.
Saturday, March 09
Date: 09 Mar 19 Time: 01:07
Citizens Financial Group Inc RI Has $525,000 Position in General Mills, Inc. (NYSE:GIS) – Fairfield Current
Citizens Financial Group Inc RI reduced its stake in shares of General Mills, Inc. (NYSE:GIS) by 11.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. In other news, Director R Kerry Clark sold 7,849 shares of General Mills stock in a transaction that occurred on Friday, February 1st. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company’s stock. During the same period in the previous year, the company earned $0.82 earnings per share. As a group, equities analysts anticipate that General Mills, Inc. will post 3.08 EPS for the current year.
Friday, March 01
Date: 01 Mar 19 Time: 23:15
Global Ice Cream Market Trends Report 2019-2024 Featuring Unilever, Nestle, Inner Mongolia Yili Industrial Group & General Mills
DUBLIN, March 1, 2019 /PRNewswire/ -- The "Ice Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global ice cream market was worth US$ 57.7 Billion in 2018, registering a CAGR of 4.5% during 2011-2018. Ice cream is a sweet, frozen dessert made from a combination of milk, cream and artificial or natural flavorings. Some ice cream variants like frozen custard and French ice creams also use egg as one of the main ingredients. Global Ice Cream Market Drivers:. Since the fast-food industry is one of the major end-users of ice cream, an increase in the number of fast food chains across the globe is driving the consumption of ice cream in this sector.
Friday, February 22
Date: 22 Feb 19 Time: 21:32
Kraft Heinz has lost the one thing that distinguished it from General Mills and Mondelez
Packaged food is out of favor with consumers, and that's hurting big brands such as Kraft Heinz, General Mills and Mondelez. From the third quarter of 2015 through today, Kraft's overall sales have been stagnant — and it's not the only consumer packaged food company to feel this pinch. When they don't they are often turning to niche, upstart brands with healthier images or to private-label products that don't carry a big price tag.
Key Stats & Ratios
|Quaterly Earnings Growth||-20.20%|
|Quaterly Revenue Growth||5.10%|
|Revenue per share||27.63|
|Earnings||20 Mar 13:00|