Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Greif (GEF) Share Price

Press coverage about Greif (NYSE:GEF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Greif earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.2641136127976 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Greif (NYSE GEF) opened at $62.11 on Friday. The firm has a market cap of $3,080.00, a price-to-earnings ratio of 25.04, a price-to-earnings-growth ratio of 2.09 and a beta of 1.29. The company has a current ratio of 1.45, a quick ratio of 1.04 and a debt-to-equity ratio of 0.90. Greif has a 52-week low of $50.94 and a 52-week high of $65.60.

Greif (NYSE:GEF) last released its earnings results on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.09. The firm had revenue of $968.00 million during 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%. The business’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. equities analysts expect that Greif will post 3.4 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, January 1st. Shareholders of record on Monday, December 18th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date was Friday, December 15th. Greif’s dividend payout ratio is 67.74%.

GEF has been the subject of a number of recent research reports. BMO Capital Markets reiterated a “hold” rating and issued a $57.00 price objective on shares of Greif in a report on Wednesday, December 13th. Zacks Investment Research cut shares of Greif from a “hold” rating to a “sell” rating in a report on Thursday, November 30th. KeyCorp reissued a “sell” rating on shares of Greif in a research report on Friday, November 10th. Bank of America raised shares of Greif from a “neutral” rating to a “buy” rating and set a $70.00 target price for the company in a research report on Tuesday, January 2nd. They noted that the move was a valuation call. Finally, Robert W. Baird reissued a “buy” rating and set a $66.00 target price on shares of Greif in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $64.00.

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About Greif

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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