![]() ![]() Meanwhile, GIS's PEG ratio is currently 2.42. Its industry sports an average Forward P/E of 17.88, so we one might conclude that General Mills is trading at a premium comparatively. Investors should also note General Mills's current valuation metrics, including its Forward P/E ratio of 18.14. ![]() General Mills is currently sporting a Zacks Rank of #3 (Hold). The Zacks Consensus EPS estimate has moved 0.13% higher within the past month. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions help to show the ever-changing nature of near-term business trends. Investors should also note any recent changes to analyst estimates for General Mills. Meanwhile, our latest consensus estimate is calling for revenue of $5.17 billion, up 5.75% from the prior-year quarter. This would mark a year-over-year decline of 6.25%. In that report, analysts expect General Mills to post earnings of $1.05 per share. Wall Street will be looking for positivity from General Mills as it approaches its next earnings report date. This has lagged the Consumer Staples sector's gain of 0.72% and the S&P 500's gain of 4.66% in that time. Prior to today's trading, shares of the maker of Cheerios cereal, Yoplait yogurt and other packaged foods had lost 3.8% over the past month. Elsewhere, the Dow lost 0.65%, while the tech-heavy Nasdaq lost 2.23%. This move outpaced the S&P 500's daily loss of 0.77%. General Mills ( GIS Quick Quote GIS - Free Report) closed the most recent trading day at $81.32, moving +0.02% from the previous trading session. ![]()
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