Headlines about Greif (NYSE:GEF) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Greif earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 46.1568267002622 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Greif (GEF) traded down $0.46 during midday trading on Friday, reaching $61.65. The company’s stock had a trading volume of 100,175 shares, compared to its average volume of 177,675. Greif has a twelve month low of $50.94 and a twelve month high of $65.60. The company has a quick ratio of 1.04, a current ratio of 1.45 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $2,971.47, a P/E ratio of 30.52, a price-to-earnings-growth ratio of 2.11 and a beta of 1.30.
Greif (NYSE:GEF) last announced its quarterly earnings data on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.09. Greif had a return on equity of 17.06% and a net margin of 3.26%. The firm had revenue of $968.00 million for the quarter, compared to analysts’ expectations of $931.96 million. During the same period last year, the firm earned $0.65 earnings per share. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. analysts expect that Greif will post 3.4 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 1st. Investors of record on Monday, December 18th were paid a $0.42 dividend. The ex-dividend date was Friday, December 15th. This represents a $1.68 annualized dividend and a dividend yield of 2.73%. Greif’s payout ratio is presently 83.17%.
GEF has been the subject of several recent analyst reports. DA Davidson raised Greif from a “neutral” rating to a “buy” rating and set a $74.00 target price for the company in a report on Thursday, December 7th. KeyCorp set a $47.00 price objective on Greif and gave the company a “sell” rating in a report on Friday, December 8th. Bank of America raised Greif from a “neutral” rating to a “buy” rating and set a $70.00 price target for the company in a report on Tuesday, January 2nd. They noted that the move was a valuation call. Robert W. Baird reaffirmed a “buy” rating and issued a $66.00 price target on shares of Greif in a report on Friday, November 10th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $55.00 price objective on shares of Greif in a research report on Friday, November 24th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $64.00.
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Greif, Inc is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services.
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