News coverage about Greif Bros. Corporation (NYSE:GEF) has trended positive recently, according to AlphaOne. The research firm, a unit of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Greif Bros. Corporation earned a news sentiment score of 0.32 on AlphaOne’s scale. AlphaOne also assigned news stories about the industrial products company an impact score of 69 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Alpha One Sentiment Analysis’s analysis:
- Greif (GEF) Poised to Grow, Slowdown in China Remains a Drag (finance.yahoo.com)
- Greif, Inc. : GEF-US: Dividend Analysis : June 19th, 2017 (record date) : By the numbers : June 19, 2017 (finance.yahoo.com)
- Corporate News Blog – Graphic Packaging Holding Announces Carton Craft Acquisition; Set to Expand its Converting Plant Portfolio in Indiana (finance.yahoo.com)
- Greif, Inc. Announces Webcast Details for Investor Day on June 28, 2017 (finance.yahoo.com)
- ETFs with exposure to Greif, Inc. : June 13, 2017 (finance.yahoo.com)
Greif Bros. Corporation (NYSE GEF) traded down 0.38% during trading on Monday, reaching $55.70. 163,245 shares of the company’s stock were exchanged. The company’s 50-day moving average is $57.50 and its 200-day moving average is $55.65. Greif Bros. Corporation has a 1-year low of $35.00 and a 1-year high of $63.04. The company has a market capitalization of $2.66 billion, a PE ratio of 27.74 and a beta of 1.30.
Greif Bros. Corporation (NYSE:GEF) last posted its quarterly earnings results on Wednesday, June 7th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.74 by $0.07. Greif Bros. Corporation had a return on equity of 16.17% and a net margin of 2.81%. The firm had revenue of $887.40 million for the quarter, compared to the consensus estimate of $891.22 million. During the same period last year, the company posted $0.47 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Equities research analysts expect that Greif Bros. Corporation will post $2.89 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, July 1st. Stockholders of record on Monday, June 19th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, June 15th. Greif Bros. Corporation’s payout ratio is presently 103.07%.
GEF has been the topic of a number of analyst reports. Zacks Investment Research raised Greif Bros. Corporation from a “sell” rating to a “hold” rating in a report on Friday, May 26th. BMO Capital Markets restated a “hold” rating and set a $53.00 price objective on shares of Greif Bros. Corporation in a research report on Friday, April 21st. KeyCorp restated a “hold” rating on shares of Greif Bros. Corporation in a research report on Sunday, February 19th. ValuEngine upgraded Greif Bros. Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 9th. Finally, Bank of America Corporation set a $60.00 price target on Greif Bros. Corporation and gave the company a “buy” rating in a report on Saturday, June 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $53.29.
About Greif Bros. Corporation
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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