ValuEngine upgraded shares of Greif (NYSE:GEF.B) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.
NYSE:GEF.B traded down $1.83 on Wednesday, reaching $51.17. The company’s stock had a trading volume of 3,621 shares, compared to its average volume of 6,690. Greif has a 1-year low of $48.00 and a 1-year high of $71.95. The company has a current ratio of 1.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 13.27 and a beta of 1.14.
Greif (NYSE:GEF.B) last posted its earnings results on Wednesday, August 29th. The industrial products company reported $1.72 earnings per share (EPS) for the quarter. Greif had a return on equity of 17.84% and a net margin of 5.26%. The firm had revenue of $1.01 billion during the quarter.
Greif, Inc is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Greif Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greif and related companies with MarketBeat.com's FREE daily email newsletter.