News coverage about Greif Bros. (NYSE:GEF) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Greif Bros. earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.0061958307168 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Is Greif Inc (GEF) A Sell At Its Current PE Ratio? (finance.yahoo.com)
- Greif Class B to Host Earnings Call (finance.yahoo.com)
- Greif Bros. Corporation (GEF) Plans $0.42 Quarterly Dividend (americanbankingnews.com)
- Contrasting Greif Bros. (GEF) & Its Rivals (americanbankingnews.com)
- Greif, Inc. – Value Analysis (NYSE:GEF) : December 6, 2017 (finance.yahoo.com)
Greif Bros. (NYSE:GEF) opened at $54.83 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.56 and a quick ratio of 1.10. Greif Bros. has a 1 year low of $50.70 and a 1 year high of $63.04. The company has a market cap of $2,620.78, a PE ratio of 20.91, a price-to-earnings-growth ratio of 1.84 and a beta of 1.29.
Greif Bros. (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 analysts’ consensus estimates of $0.91 by $0.07. The business had revenue of $968.00 million during the quarter, compared to analysts’ expectations of $931.96 million. Greif Bros. had a return on equity of 15.49% and a net margin of 2.65%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $0.65 earnings per share. equities research analysts forecast that Greif Bros. will post 2.84 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Monday, December 18th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, December 15th. This represents a $1.68 annualized dividend and a yield of 3.06%. Greif Bros.’s dividend payout ratio is presently 105.66%.
A number of analysts recently weighed in on GEF shares. Robert W. Baird restated a “buy” rating and issued a $66.00 price objective on shares of Greif Bros. in a report on Friday, September 1st. BMO Capital Markets reiterated a “hold” rating and set a $55.00 price target on shares of Greif Bros. in a research report on Thursday, August 17th. Zacks Investment Research downgraded shares of Greif Bros. from a “hold” rating to a “sell” rating in a research report on Thursday, November 30th. KeyCorp reaffirmed a “sell” rating on shares of Greif Bros. in a report on Friday, November 10th. Finally, Bank of America lowered shares of Greif Bros. from a “buy” rating to a “neutral” rating and increased their price objective for the company from $60.45 to $63.00 in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Greif Bros. has an average rating of “Hold” and an average price target of $57.00.
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About Greif Bros.
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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