Analysts’ Weekly Ratings Updates for Greif (GEF)

A number of firms have modified their ratings and price targets on shares of Greif (NYSE: GEF) recently:

  • 12/13/2017 – Greif had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $57.00 price target on the stock.
  • 12/8/2017 – Greif was given a new $47.00 price target on by analysts at KeyCorp. They now have a “sell” rating on the stock.
  • 12/8/2017 – Greif had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $72.00 price target on the stock, up previously from $66.00.
  • 12/7/2017 – Greif was upgraded by analysts at DA Davidson from a “neutral” rating to a “buy” rating. They now have a $74.00 price target on the stock.
  • 11/30/2017 – Greif was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Greif has underperformed the industry it belongs to over the past year. The company is exposed to headwinds from the unfavorable impacts of Hurricane Harvey and elevated raw material costs. Greif has slashed its fiscal 2017 adjusted earnings per share guidance due to headwinds related to Hurricane Harvey, competitive pressure and timing adjustment in customer contracts. Moreover, raw material cost inflation, delays in equipment delivery, lower oil prices and a strong U.S. dollar are likely to impact the company’s results adversely.”
  • 11/24/2017 – Greif had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $55.00 price target on the stock.
  • 11/10/2017 – Greif had its “sell” rating reaffirmed by analysts at KeyCorp.
  • 11/10/2017 – Greif had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $66.00 price target on the stock.

Greif, Inc. (NYSE GEF) opened at $61.06 on Monday. The firm has a market cap of $2,922.67, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 2.07 and a beta of 1.29. Greif, Inc. has a 1-year low of $50.70 and a 1-year 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.

Greif (NYSE:GEF) last announced its quarterly earnings results on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share for the quarter, beating the Zacks’ 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 for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the business earned $0.65 EPS. equities research analysts expect that Greif, Inc. will post 3.41 earnings per share for the current year.

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 2.75%. Greif’s dividend payout ratio (DPR) is presently 83.17%.

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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