Greif Inc. (NYSE: GEF) is 16.02% higher on its value in year-to-date trading and has touched a low of $53.65 and a high of $72.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GEF stock was last observed hovering at around $68.99 in the last trading session, with the day’s gains setting it 1.05% off its average median price target of $70.00 for the next 12 months. It is also 11.34% off the consensus price target high of $79.00 offered by 5 analysts, but current levels are -37.33% lower than the price target low of $51.00 for the same period.
Currently trading at $70.04, the stock is 9.06% and 12.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.52% at the moment leaves the stock 13.05% off its SMA200. GEF registered 16.48% gain for a year compared to 6-month gain of 18.17%.
The stock witnessed a 11.30% loss in the last 1 month and extending the period to 3 months gives it a 15.65%, and is 2.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.14% over the week and 2.65% over the month.
Greif Inc. (GEF) has around 16000 employees, a market worth around $3.38B and $6.30B in sales. Current P/E ratio is 9.69 and Fwd P/E is 9.68. Profit margin for the company is 5.60%. Distance from 52-week low is 30.55% and -2.72% from its 52-week high. The company has generated returns on investments over the last 12 months (13.50%).
Greif Inc. (GEF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Greif Inc. (GEF) is a “Hold”. 5 analysts offering their recommendations for the stock have an average rating of 2.60, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Greif Inc. is expected to release its quarterly report on 08/31/2022.The EPS is expected to grow by 248.60% this year.
Greif Inc. (GEF) Top Institutional Holders
The shares outstanding are 48.60M, and float is at 31.02M with Short Float at 4.20%.
Greif Inc. (GEF) Insider Activity
A total of 11 insider transactions have happened at Greif Inc. (GEF) in the last six months, with sales accounting for 1 and purchases happening 10 times. The most recent transaction is an insider sale by Emkes Mark A,the company’sDirector. SEC filings show that Emkes Mark A sold 6,000 shares of the company’s common stock on Jun 29 at a price of $62.40 per share for a total of $0.37 million. Following the sale, the insider now owns 34326.0 shares.
Greif Inc. disclosed in a document filed with the SEC on Apr 07 that Sathyanarayanan Bala (EVP, Chief Human Resources Off) bought a total of 450 shares of the company’s common stock. The trade occurred on Apr 07 and was made at $58.76 per share for $26442.0. Following the transaction, the insider now directly holds 450.0 shares of the GEF stock.
Still, SEC filings show that on Jan 10, Hilsheimer Lawrence A. (EVP and CFO) acquired 745 shares at an average price of $60.67 for $45199.0. The insider now directly holds 89,364 shares of Greif Inc. (GEF).
Greif Inc. (GEF): Who are the competitors?
The company’s main competitors (and peers) include Sonoco Products Company (SON) that is trading -1.15% down over the past 12 months and Crown Holdings Inc. (CCK) that is 0.32% higher over the same period. Silgan Holdings Inc. (SLGN) is 11.53% up on the 1-year trading charts.