Alert: Negative Investment/Fundamental Signals (12/15/23)-Greif Inc. (NYSE: GEF)


Greif Inc. (NYSE: GEF) suffers from exceptional negative changes in investment behavior. Negative developments: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and the stock fell on very heavy volume. Positive development: its longer term price trend turned up.

Greif Inc. (NYSE: GEF) has recently experienced important negative changes in fundamentals. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for October, 2024 decreased significantly, and the consensus estimate for October, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GEF is expected to continue to be an important Value Builder.

Greif has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Greif has a neutral Appreciation Score of 44 and a slightly positive Power Rating of 69, triggering the Neutral Value Trend Rating.

Recent Price Action

Greif Inc. (NYSE: GEF) stock declined modestly by -2.0% on 12/15/23. The stock closed at $64.92. Moreover, exceptionally high trading volume at 314% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.6% during the last week.

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