Berry Global Group, Inc. (NYSE:BERY) to Post FY2025 Earnings of $8.20 Per Share, Zacks Research Forecasts

Berry Global Group, Inc. (NYSE:BERY - Free Report) - Investment analysts at Zacks Research cut their FY2025 earnings per share estimates for Berry Global Group in a research report issued on Wednesday, May 8th. Zacks Research analyst S. Roy now expects that the industrial products company will post earnings of $8.20 per share for the year, down from their previous estimate of $8.21. The consensus estimate for Berry Global Group's current full-year earnings is $7.38 per share. Zacks Research also issued estimates for Berry Global Group's Q4 2025 earnings at $2.64 EPS, Q1 2026 earnings at $1.54 EPS, Q2 2026 earnings at $2.03 EPS and FY2026 earnings at $8.71 EPS.

Other equities analysts have also recently issued research reports about the company. Bank of America upped their target price on Berry Global Group from $74.00 to $81.00 and gave the stock a "buy" rating in a report on Friday. StockNews.com downgraded shares of Berry Global Group from a "buy" rating to a "hold" rating in a research note on Thursday, February 8th. TheStreet cut shares of Berry Global Group from a "b-" rating to a "c+" rating in a research note on Monday, February 26th. Robert W. Baird restated a "neutral" rating and issued a $65.00 price objective (down from $68.00) on shares of Berry Global Group in a report on Tuesday, April 16th. Finally, Barclays cut their target price on Berry Global Group from $67.00 to $64.00 and set an "equal weight" rating on the stock in a report on Monday, February 12th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $72.60.

Berry Global Group Price Performance

Shares of NYSE:BERY traded up $0.09 during trading on Friday, hitting $59.86. 1,244,939 shares of the company were exchanged, compared to its average volume of 1,133,203. The company has a quick ratio of 0.95, a current ratio of 1.67 and a debt-to-equity ratio of 2.62. Berry Global Group has a 1-year low of $53.92 and a 1-year high of $69.93. The company has a market capitalization of $6.94 billion, a P/E ratio of 12.85, a price-to-earnings-growth ratio of 0.80 and a beta of 1.24. The business's 50 day moving average is $58.76 and its 200-day moving average is $61.54.

Berry Global Group (NYSE:BERY - Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.05. Berry Global Group had a net margin of 4.51% and a return on equity of 26.79%. The business had revenue of $3.08 billion during the quarter, compared to analysts' expectations of $3.16 billion. During the same period in the prior year, the company earned $1.96 EPS. The firm's quarterly revenue was down 6.4% compared to the same quarter last year.

Institutional Trading of Berry Global Group

Large investors have recently made changes to their positions in the company. Norges Bank bought a new position in Berry Global Group in the fourth quarter worth approximately $81,617,000. Vanguard Group Inc. lifted its holdings in shares of Berry Global Group by 10.2% in the 1st quarter. Vanguard Group Inc. now owns 12,931,050 shares of the industrial products company's stock worth $782,070,000 after purchasing an additional 1,200,021 shares in the last quarter. TD Asset Management Inc acquired a new stake in Berry Global Group in the 4th quarter valued at $23,803,000. Epoch Investment Partners Inc. increased its stake in Berry Global Group by 39.1% during the 4th quarter. Epoch Investment Partners Inc. now owns 1,033,568 shares of the industrial products company's stock valued at $69,652,000 after purchasing an additional 290,781 shares in the last quarter. Finally, Sasco Capital Inc. CT acquired a new position in Berry Global Group during the third quarter worth $17,518,000. 95.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Jonathan F. Foster acquired 1,000 shares of the stock in a transaction dated Monday, February 12th. The stock was bought at an average price of $58.49 per share, for a total transaction of $58,490.00. Following the purchase, the director now directly owns 5,728 shares of the company's stock, valued at approximately $335,030.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.00% of the stock is currently owned by insiders.

Berry Global Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 3rd will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.10 annualized dividend and a dividend yield of 1.84%. Berry Global Group's payout ratio is 23.66%.

About Berry Global Group

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.