Greif Bros. (GEF) Receives News Impact Score of 0.14
Media coverage about Greif Bros. (NYSE:GEF) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press 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 negative one to positive one, with scores closest to one being the most favorable. Greif Bros. earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.3932329083384 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Greif Bros. Corporation (GEF) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- DA Davidson Weighs in on Greif Bros. Corporation’s FY2018 Earnings (GEF) (americanbankingnews.com)
- Greif Bros. (GEF) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- FY2017 EPS Estimates for Greif Bros. Corporation (GEF) Reduced by Analyst (americanbankingnews.com)
- Greif Bros. (GEF) Scheduled to Post Earnings on Wednesday (americanbankingnews.com)
Several research analysts recently commented on the stock. KeyCorp reaffirmed a “sell” rating on shares of Greif Bros. in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Greif Bros. from a “hold” rating to a “sell” rating in a research report on Thursday. BMO Capital Markets reissued a “hold” rating and set a $55.00 target price on shares of Greif Bros. in a research report on Friday, November 24th. Robert W. Baird reissued a “buy” rating and set a $66.00 target price on shares of Greif Bros. in a research report on Friday, November 10th. Finally, Bank of America downgraded shares of Greif Bros. from a “buy” rating to a “neutral” rating and raised their target price 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 issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $57.00.
Shares of Greif Bros. (NYSE:GEF) traded up $8.56 during trading on Thursday, hitting $62.35. 11,077 shares of the stock were exchanged, compared to its average volume of 209,768. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.10 and a current ratio of 1.56. Greif Bros. has a 52-week low of $50.70 and a 52-week high of $63.10. The stock has a market cap of $2,810.00, a P/E ratio of 20.50, a P/E/G ratio of 1.80 and a beta of 1.32.
Greif Bros. (NYSE:GEF) last issued its quarterly earnings data on Wednesday, August 30th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. Greif Bros. had a net margin of 2.65% and a return on equity of 15.49%. The firm had revenue of $961.80 million for the quarter, compared to the consensus estimate of $901.76 million. During the same quarter in the previous year, the firm earned $0.91 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. equities research analysts expect that Greif Bros. will post 2.85 earnings per share for the current fiscal year.
Greif Bros. Company Profile
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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