Analysts See $0.84 EPS for Greif, Inc. (GEF)

May 24, 2018 - By Richard Conner

Greif, Inc. (NYSE:GEF) LogoInvestors sentiment increased to 1.2 in Q4 2017. Its up 0.03, from 1.17 in 2017Q3. It improved, as 15 investors sold Greif, Inc. shares while 67 reduced holdings. 33 funds opened positions while 65 raised stakes. 23.10 million shares or 2.80% more from 22.47 million shares in 2017Q3 were reported.
New Mexico Educational Retirement Board holds 0.01% of its portfolio in Greif, Inc. (NYSE:GEF) for 6,400 shares. Vanguard Incorporated reported 0.01% in Greif, Inc. (NYSE:GEF). Illinois-based Chicago Equity Prtnrs Ltd has invested 0.11% in Greif, Inc. (NYSE:GEF). Louisiana State Employees Retirement Systems, a Louisiana-based fund reported 6,500 shares. Balyasny Asset Mngmt Ltd Liability Company reported 23,557 shares or 0% of all its holdings. Manufacturers Life Com The holds 0% or 61,938 shares. Secor Advsr L P owns 116,674 shares. Parallax Volatility Advisers Lp accumulated 0% or 3,906 shares. Barclays Public Ltd Co has 14,487 shares for 0% of their portfolio. Principal Group Incorporated, a Iowa-based fund reported 112,781 shares. Rhumbline Advisers holds 0.01% or 47,190 shares in its portfolio. New York State Teachers Retirement reported 53,100 shares or 0.01% of all its holdings. 24,319 were accumulated by Raymond James Services. Suntrust Banks Incorporated has invested 0.01% in Greif, Inc. (NYSE:GEF). Hutchin Hill Capital Ltd Partnership accumulated 58,300 shares.

Analysts expect Greif, Inc. (NYSE:GEF) to report $0.84 EPS on June, 6.They anticipate $0.17 EPS change or 25.37 % from last quarter’s $0.67 EPS. GEF’s profit would be $41.54 million giving it 17.57 P/E if the $0.84 EPS is correct. After having $0.49 EPS previously, Greif, Inc.’s analysts see 71.43 % EPS growth. The stock increased 0.60% or $0.35 during the last trading session, reaching $59.04. About 30,250 shares traded. Greif, Inc. (NYSE:GEF) has declined 5.85% since May 24, 2017 and is downtrending. It has underperformed by 17.40% the S&P500.

Greif, Inc. (NYSE:GEF) Ratings Coverage

Among 6 analysts covering Greif (NYSE:GEF), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Greif had 11 analyst reports since December 7, 2017 according to SRatingsIntel. The company was upgraded on Tuesday, January 2 by Bank of America. The stock of Greif, Inc. (NYSE:GEF) earned “Buy” rating by DA Davidson on Thursday, December 7. The firm earned “Hold” rating on Monday, April 2 by Bank of America. The rating was maintained by Robert W. Baird on Friday, December 8 with “Buy”. The rating was maintained by Bank of America with “Neutral” on Tuesday, May 22. Bank of America maintained the shares of GEF in report on Tuesday, March 13 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Sunday, April 1. Wells Fargo maintained it with “Buy” rating and $70.0 target in Wednesday, February 21 report. The stock has “Sell” rating by KeyBanc Capital Markets on Thursday, March 1. The rating was maintained by KeyBanc Capital Markets with “Sell” on Friday, December 8.

Greif, Inc. produces and sells industrial packaging services and products worldwide. The company has market cap of $2.92 billion. It operates in four divisions: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. It has a 16.65 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.

Greif, Inc. (NYSE:GEF) Institutional Positions Chart

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