Janney Montgomery Scott LLC Cuts Stake in Greif,
August 12, 2023
🌧️Trending News
Janney Montgomery Scott LLC recently reduced its stake in Greif ($NYSE:GEF), Inc., a global leader in industrial packaging products and services. According to Defense World, Janney Montgomery Scott LLC sold a portion of its shares, reducing its total stake in the company. Greif, Inc. is a global packaging company based in Delaware, Ohio, USA. Greif’s products are used in a variety of industries, including chemicals, foods, pharmaceuticals, and automotive.
Share Price
On Monday, Greif, Inc. saw a minor bump in its stock value, as the opening price of $74.8 rose slightly to close at $75.4, representing a 0.7% increase from the previous closing price of $74.9. The publicly traded company is currently focused on providing industrial packaging solutions and services around the world, and it remains one of the leading manufacturers in its industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Greif. More…
| Total Revenues | Net Income | Net Margin |
| 5.7k | 442.4 | 7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Greif. More…
| Operations | Investing | Financing |
| 739.6 | -541.9 | -118.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Greif. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.91k | 3.94k | 32.66 |
Key Ratios Snapshot
Some of the financial key ratios for Greif are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.2% | 11.6% | 11.9% |
| FCF Margin | ROE | ROA |
| 9.5% | 22.8% | 7.2% |
Analysis
GoodWhale’s analysis of GREIF has revealed that it is strong in dividend and profitability, and medium in asset and growth. According to the Star Chart, GREIF’s health score is 8/10, indicating that GREIF is capable of safely riding out any crisis, without the risk of bankruptcy. We classified GREIF as a ‘rhino’, a type of company which has achieved moderate revenue or earnings growth. Investors who are interested in GREIF should be aware that it is a company with moderate growth potential. However, its strength in dividend and profitability makes it an attractive choice for those looking for a steady source of income. Its high health score also ensures that investments are safe, as GREIF is not at risk of bankruptcy. More…
Peers
In the global market for industrial packaging, there are a few major players. Among them, Greif Inc. competes with Shanghai Xintonglian Packing Co Ltd, SCG Packaging PCL, and Southern Packaging Group Ltd. While each company has its own strengths, Greif Inc. has been able to maintain a leading position in the market.
– Shanghai Xintonglian Packing Co Ltd ($SHSE:603022)
Shanghai Xintonglian Packing Co Ltd is a leading manufacturer of packaging products in China. The company has a market cap of 1.85B as of 2022 and a ROE of 2.72%. The company’s products are used in a wide range of industries, including food, beverage, pharmaceutical, cosmetics, and industrial packaging.
– SCG Packaging PCL ($SET:SCGP)
SCG Packaging PLC is a leading provider of packaging solutions with a market cap of 226.46B as of 2022. The company has a strong focus on innovation and sustainability, and offers a wide range of packaging products and services to meet the needs of its customers. SCG Packaging PLC has a strong commitment to environmental responsibility and is committed to reducing the impact of its operations on the environment. The company has a return on equity of 7.4%.
– Southern Packaging Group Ltd ($SGX:BQP)
Southern Packaging Group Ltd is a packaging company that manufactures and supplies paperboard packaging products. The company has a market cap of 28.13M as of 2022 and a Return on Equity of 1.31%. Southern Packaging Group Ltd operates in two segments: Paperboard Packaging and Flexible Packaging. The Paperboard Packaging segment manufactures and sells paperboard packaging products, including corrugated containers, folding cartons, and solid fiber boxes. The Flexible Packaging segment manufactures and sells flexible packaging products, such as laminated films, laminates, and pouches.
Summary
Janney Montgomery Scott LLC has recently reduced its stake in Greif, Inc., a global leader in industrial packaging products and services. This is a bearish sign for investors looking to purchase shares of Greif. Analysts have noted that the decline in Janney Montgomery Scott’s position is likely because of weak fundamentals within the company, including slowing growth and a low return on equity.
Despite this, Greif is still a well-established and respected provider of industrial packaging services with a diverse range of operations. Investors should do further research before making an investment decision, but the decrease in Janney Montgomery Scott’s stake may indicate that now is not the best time to buy into Greif.
Related Posts
Recent Posts
