Greif Inc. (NYSE: GEF) has reported earnings for its third fiscal quarter (ending July 31) of $1.85 versus $1.93 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $5.68 versus $8.28 for the same period a year ago.
Recent Price Action
Greif Inc. (NYSE: GEF) stock closed at $63.74 on 8/28/24 after a modest gain of 0.8%. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but has risen 4.2% 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 C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Greif has a neutral Power Rating of 50 but a good Appreciation Score of 71, leading to the High 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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