Greif Inc. (NYSE: GEF) has reported E.P.S. of $0.94 for its second fiscal quarter (ending April 30) versus $2.35 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $5.75 versus $9.28 for the same period a year ago.
Recent Price Action
Greif Inc. (NYSE: GEF) stock declined slightly by -0.4% on 6/5/24. The stock closed at $63.03. Moreover, this decline was accompanied by unusually high trading volume at 155% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.1% during the last week.
Current PriceTarget Research Rating
GEF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Greif has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Greif has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 68, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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