News articles about Greif (NYSE:GEF) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news 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 0.15 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.8818462214513 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Greif (GEF) traded down $0.39 during trading hours on Thursday, reaching $61.09. 190,764 shares of the company’s stock traded hands, compared to its average volume of 221,237. 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 firm has a market cap of $2,905.45, a price-to-earnings ratio of 20.59, a price-to-earnings-growth ratio of 2.05 and a beta of 1.29. Greif has a 12 month low of $50.70 and a 12 month high of $65.60.
Greif (NYSE:GEF) last posted its earnings results on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.09. The company had revenue of $968.00 million for the quarter, compared to analyst estimates of $931.96 million. Greif had a net margin of 3.26% and a return on equity of 17.06%. Greif’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 EPS. sell-side analysts anticipate that Greif will post 3.41 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Monday, December 18th will be issued a $0.42 dividend. The ex-dividend date is Friday, December 15th. This represents a $1.68 annualized dividend and a yield of 2.75%. Greif’s payout ratio is 83.17%.
GEF has been the topic of a number of recent research reports. Bank of America lowered shares of Greif from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $60.45 to $63.00 in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Greif from a “hold” rating to a “sell” rating in a research report on Thursday, November 30th. BMO Capital Markets restated a “hold” rating and set a $55.00 price target on shares of Greif in a research report on Friday, November 24th. KeyCorp reiterated a “sell” rating on shares of Greif in a report on Friday, November 10th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $66.00 target price on shares of Greif in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $62.60.
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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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