Analysts See $0.68 EPS for Greif, Inc. (GEF)

February 12, 2018 - By Darrin Black

 Analysts See $0.68 EPS for Greif, Inc. (GEF)
Investors sentiment increased to 1.17 in Q3 2017. Its up 0.39, from 0.78 in 2017Q2. It improved, as 12 investors sold Greif, Inc. shares while 65 reduced holdings. 31 funds opened positions while 59 raised stakes. 22.47 million shares or 0.15% more from 22.43 million shares in 2017Q2 were reported.
Moreover, Thrivent For Lutherans has 0% invested in Greif, Inc. (NYSE:GEF) for 5,510 shares. 38,406 were reported by Suntrust Banks Inc. Texas Permanent School Fund holds 0.01% in Greif, Inc. (NYSE:GEF) or 18,861 shares. 65,071 are held by Nationwide Fund Advsr. Sg Americas Secs Lc, a New York-based fund reported 3,678 shares. Voya Limited Liability Company holds 563,536 shares or 0.07% of its portfolio. New York State Common Retirement Fund reported 28,000 shares. Grantham Mayo Van Otterloo & Llc reported 33,300 shares. Public Employees Retirement Association Of Colorado invested in 0% or 5,863 shares. United Svcs Automobile Association reported 0.04% stake. Secor Capital L P holds 0.22% or 39,762 shares. Panagora Asset Mngmt Inc holds 0% or 2,000 shares in its portfolio. Victory Capital Mgmt has invested 0% of its portfolio in Greif, Inc. (NYSE:GEF). California State Teachers Retirement Sys holds 0.01% of its portfolio in Greif, Inc. (NYSE:GEF) for 40,940 shares. 6,753 were accumulated by Liberty Mutual Gru Asset.

Since September 27, 2017, it had 0 insider purchases, and 1 sale for $5,514 activity.

Analysts expect Greif, Inc. (NYSE:GEF) to report $0.68 EPS on March, 7.They anticipate $0.23 EPS change or 51.11 % from last quarter’s $0.45 EPS. GEF’s profit would be $33.82M giving it 19.86 P/E if the $0.68 EPS is correct. After having $0.98 EPS previously, Greif, Inc.’s analysts see -30.61 % EPS growth. The stock increased 1.39% or $0.74 during the last trading session, reaching $54.01. About 225,118 shares traded or 0.83% up from the average. Greif, Inc. (NYSE:GEF) has risen 67.37% since February 12, 2017 and is uptrending. It has outperformed by 50.67% the S&P500.

Greif, Inc. (NYSE:GEF) Ratings Coverage

Among 7 analysts covering Greif (NYSE:GEF), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Greif had 37 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Greif, Inc. (NYSE:GEF) earned “Hold” rating by BMO Capital Markets on Wednesday, December 13. The company was upgraded on Tuesday, August 18 by DA Davidson. Zacks downgraded the shares of GEF in report on Monday, August 31 to “Hold” rating. The stock of Greif, Inc. (NYSE:GEF) earned “Hold” rating by BMO Capital Markets on Friday, July 14. DA Davidson upgraded the shares of GEF in report on Thursday, December 7 to “Buy” rating. The stock has “Buy” rating by Bank of America on Tuesday, January 2. The firm earned “Sell” rating on Tuesday, August 25 by Zacks. The stock of Greif, Inc. (NYSE:GEF) has “Neutral” rating given on Tuesday, November 22 by Bank of America. The stock of Greif, Inc. (NYSE:GEF) earned “Hold” rating by BMO Capital Markets on Monday, September 18. The firm earned “Buy” rating on Tuesday, September 6 by Bank of America.

Greif, Inc. produces and sells industrial packaging services and products worldwide. The company has market cap of $2.69 billion. It operates in four divisions: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. It has a 21.78 P/E ratio. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

More notable recent Greif, Inc. (NYSE:GEF) news were published by: Businesswire.com which released: “Greif, Inc. Announces 2017 Fourth Quarter Earnings Release and Conference Call …” on November 15, 2017, also Businesswire.com with their article: “Greif, Inc. Announces 2018 First Quarter Earnings Release and Conference Call …” published on September 08, 2017, Jsonline.com published: “Greif board members accused of insider trading for selling before safety …” on October 06, 2017. More interesting news about Greif, Inc. (NYSE:GEF) were released by: Nasdaq.com and their article: “Greif Inc (GEF) Files 10-K for the Fiscal Year Ended on October 31, 2017” published on December 20, 2017 as well as Businesswire.com‘s news article titled: “Greif, Inc. Declares Fourth Quarter 2017 Dividends” with publication date: December 05, 2017.

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