Greif (GEF) Scheduled to Post Earnings on Wednesday

Greif (NYSE:GEF) is set to issue its quarterly earnings data after the market closes on Wednesday, December 4th. Analysts expect the company to announce earnings of $1.08 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Greif Stock Up 0.5 %

GEF stock opened at $71.42 on Tuesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.70 and a quick ratio of 1.28. Greif has a 12 month low of $55.95 and a 12 month high of $73.16. The firm has a market capitalization of $3.37 billion, a PE ratio of 15.44 and a beta of 0.91. The company’s 50 day simple moving average is $65.06 and its 200-day simple moving average is $62.86.

Wall Street Analysts Forecast Growth

GEF has been the subject of several recent research reports. Stifel Nicolaus reissued a “buy” rating and set a $88.00 price target on shares of Greif in a research report on Monday, August 26th. Wells Fargo & Company decreased their price objective on Greif from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Monday, August 26th. Truist Financial reissued a “hold” rating and issued a $67.00 target price (down previously from $69.00) on shares of Greif in a research note on Friday, August 30th. Sidoti assumed coverage on shares of Greif in a research note on Wednesday, November 20th. They set a “buy” rating and a $93.00 price target on the stock. Finally, Bank of America lowered their price target on shares of Greif from $77.00 to $73.00 and set a “buy” rating for the company in a report on Friday, August 30th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Greif currently has an average rating of “Moderate Buy” and a consensus target price of $79.40.

About Greif

Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.