Greif Inc. (NYSE: GEF) has reported E.P.S. of $1.44 for its first fiscal quarter (ending January 31) versus $1.90 for the same period a year ago — a decline of -24%. E.P.S. were $7.17 for the latest four quarters through January 31 versus $9.50 for the same period a year ago — a decline of -25%.
Recent Price Action
On 2/28/24, Greif Inc. (NYSE: GEF) stock declined modestly by -1.6%, closing at $60.96. Moreover, unusually high trading volume at 192% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.7% during the last week.
Current PriceTarget Research Rating
GEF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Greif has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Greif has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 44, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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