News stories about Greif (NYSE:GEF) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Greif earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.5636181568897 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Greif (NYSE GEF) opened at $53.62 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.65 and a quick ratio of 1.12. The firm has a market capitalization of $2,630.00, a price-to-earnings ratio of 18.24, a PEG ratio of 1.79 and a beta of 1.18. Greif has a 12 month low of $47.97 and a 12 month high of $65.60.
Greif (NYSE:GEF) last posted its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $0.49 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.17). The company had revenue of $905.70 million during the quarter, compared to analyst estimates of $867.24 million. Greif had a net margin of 4.56% and a return on equity of 16.63%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $0.45 EPS. sell-side analysts forecast that Greif will post 3.39 earnings per share for the current year.
A number of brokerages have commented on GEF. Robert W. Baird reiterated an “outperform” rating and issued a $72.00 price objective (up from $66.00) on shares of Greif in a research report on Friday, December 8th. KeyCorp set a $47.00 price objective on Greif and gave the company a “sell” rating in a research report on Friday, December 8th. BMO Capital Markets reiterated a “hold” rating and issued a $57.00 price objective on shares of Greif in a research report on Wednesday, December 13th. Bank of America upgraded Greif from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Tuesday, January 2nd. They noted that the move was a valuation call. Finally, DA Davidson upgraded Greif from a “neutral” rating to a “buy” rating and set a $74.00 price objective on the stock in a research report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Greif presently has a consensus rating of “Hold” and a consensus price target 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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