Stock of the Day

December 20, 2021

Greif (GEF)

$81.80
+$1.76 (+2.2%)
Market Cap: $3.78B

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. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

Today's Trend

Greif, Inc. (NYSE: GEF) is seeing a generally favorable analyst-estimate revision trend, which may be supporting the stock’s recent increase. Zacks Research raised several medium- and long-term earnings forecasts, although it also trimmed some near-term estimates.

  • Zacks lifted its FY2027 EPS forecast to $4.48 from $4.15, Q4 2027 EPS to $1.02 from $0.91, and Q2 2028 EPS to $1.14 from $1.05. These revisions suggest improving expectations for Greif’s earnings outlook. Greif analyst estimate revisions
  • Zacks also raised its FY2028 EPS forecast to $4.91 from $4.65, while increasing estimates for Q1 2028 EPS to $0.80 from $0.73 and Q3 2028 EPS to $1.56 from $1.45. The longer-term upgrades indicate expectations for sustained profit growth. Greif long-term earnings estimates
  • For comparison, the current consensus estimate for Greif’s full-year earnings is $4.30 per share. Zacks estimates FY2026 EPS at $4.28, slightly below consensus, but forecasts FY2027 and FY2028 earnings above the current-year level, implying anticipated earnings momentum beyond FY2026. Greif earnings consensus
  • Zacks lowered its FY2026 EPS forecast to $4.28 from $4.31, Q4 2026 EPS to $1.09 from $1.12, and Q1 2027 EPS to $0.71 from $0.72. The modest cuts could limit near-term upside and signal some pressure on upcoming results. Greif near-term earnings revisions

Overall, the revisions are net positive for Greif: modest near-term reductions are outweighed by upgrades to FY2027 and FY2028 earnings. Investors appear to be focusing on the company’s improved longer-term profit outlook, while monitoring whether near-term results meet or exceed the lowered forecasts.

Recent News