#3 - General Mills (NYSE:GIS)
I give my MarketBeat colleague Thomas Hughes credit for pointing me in the direction of General Mills (NYSE:GIS). In a recent article for MarketBeat, Hughes points out that General Mills delivered a stellar earnings report. But it wasn’t just the numbers the company delivered, it was the guidance. And the company increased its dividend by more than expected.
Analysts will have even more good news to consider since the company updated their forward EPS guidance. The company is now saying that they are projecting EPS to be between $3.94 and $4.06.
GIS stock is up 12% in the year. And with the company’s emphasis on providing the essentials, and brands, that many families crave, the company is well positioned for revenue and earnings growth in the future.
About General Mills
General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables.
Read More - Current Price
- $69.83
- Consensus Rating
- Hold
- Ratings Breakdown
- 3 Buy Ratings, 13 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $72.06 (3.2% Upside)
