S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Buy THIS stock before Taiwan is attacked (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Buy THIS stock before Taiwan is attacked (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Buy THIS stock before Taiwan is attacked (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Buy THIS stock before Taiwan is attacked (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Buy THIS stock before Taiwan is attacked (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Buy THIS stock before Taiwan is attacked (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Buy THIS stock before Taiwan is attacked (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Buy THIS stock before Taiwan is attacked (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
NYSE:BERY

Berry Global Group (BERY) Stock Forecast, Price & News

$59.01
+0.06 (+0.10%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$58.94
$59.73
50-Day Range
$54.05
$59.99
52-Week Range
$44.52
$66.21
Volume
614,200 shs
Average Volume
842,452 shs
Market Capitalization
$7.03 billion
P/E Ratio
10.35
Dividend Yield
1.69%
Price Target
$72.00

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
22.0% Upside
$72.00 Price Target
Short Interest
Healthy
1.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.90mentions of Berry Global Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.32 M Sold Last Quarter
Proj. Earnings Growth
9.43%
From $7.42 to $8.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Industrial Products Sector

14th out of 178 stocks

Plastics Products, Not Elsewhere Classified Industry

2nd out of 11 stocks


BERY stock logo

About Berry Global Group (NYSE:BERY) Stock

Berry Global Group, Inc. engages in the provision of innovative rigid, flexible, and non-woven products. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene and Specialties. The Consumer Packaging International segment consists of rigid products that primarily service non-North American markets. The Consumer Packaging North America segment includes rigid products that primarily service North American markets. The Engineered Materials segment manufactures flexible products that service primarily North American and European markets. The Health, Hygiene and Specialties segment refers to non-woven and related products that service global markets. The company was founded in 1967 and is headquartered in Evansville, IN.

Receive BERY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Berry Global Group and its competitors with MarketBeat's FREE daily newsletter.

BERY Stock News Headlines

Berry Global, The Backbone Of Consumer Packaging You Should Own (BERY)
Berry Global Partners has reported double-digit growth across the board in its second quarter 2023 earnings. The stock could see a rally upon the 2023 outlook
Free A.I. Trade Alerts. Up to 15 opportunities a day.
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
The Latest Analyst Ratings for Berry Global Gr
Save $200 on MarketBeat All Access
MarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.
Berry Global Group (NYSE:BERY) Price Target Cut to $73.00
Berry Global Group (NYSE:BERY) Upgraded at StockNews.com
Berry Global Group FQ2 2023 Earnings Preview
Berry Global (BERY) Tops Q2 Earnings Estimates
Berry Announces Second Quarter 2023 Results
Berry Global Group (BERY) to Release Earnings on Thursday
See More Headlines
Receive BERY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Berry Global Group and its competitors with MarketBeat's FREE daily newsletter.

BERY Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
5/04/2023
Today
5/29/2023
Ex-Dividend for 6/15 Dividend
5/31/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
46,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$72.00
High Stock Price Forecast
$81.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+22.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$766 million
Pretax Margin
6.45%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$13.32 per share
Book Value
$23.62 per share

Miscellaneous

Free Float
115,266,000
Market Cap
$7.03 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • Thomas Edward Salmon
    Chairman & Chief Executive Officer
  • Rodgers Greenawalt
    Executive Vice President-Operations
  • Mark William Miles
    Chief Financial Officer & Treasurer
  • Debbie Garrison
    Chief Information Officer & Executive VP
  • Tarun Manroa
    Chief Strategy Officer & Executive Vice President













BERY Stock - Frequently Asked Questions

Should I buy or sell Berry Global Group stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BERY shares.
View BERY analyst ratings
or view top-rated stocks.

What is Berry Global Group's stock price forecast for 2023?

9 analysts have issued 12 month price targets for Berry Global Group's stock. Their BERY share price forecasts range from $60.00 to $81.00. On average, they predict the company's stock price to reach $72.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for BERY
or view top-rated stocks among Wall Street analysts.

How have BERY shares performed in 2023?

Berry Global Group's stock was trading at $60.43 at the beginning of 2023. Since then, BERY shares have decreased by 2.3% and is now trading at $59.01.
View the best growth stocks for 2023 here
.

Are investors shorting Berry Global Group?

Berry Global Group saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,450,000 shares, a decline of 12.1% from the April 15th total of 1,650,000 shares. Based on an average trading volume of 805,400 shares, the short-interest ratio is presently 1.8 days. Approximately 1.2% of the shares of the stock are short sold.
View Berry Global Group's Short Interest
.

When is Berry Global Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our BERY earnings forecast
.

How were Berry Global Group's earnings last quarter?

Berry Global Group, Inc. (NYSE:BERY) posted its quarterly earnings data on Thursday, May, 4th. The industrial products company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.85 by $0.11. The industrial products company earned $3.29 billion during the quarter, compared to the consensus estimate of $3.47 billion. Berry Global Group had a trailing twelve-month return on equity of 29.37% and a net margin of 5.34%. Berry Global Group's revenue for the quarter was down 12.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.93 earnings per share.

How often does Berry Global Group pay dividends? What is the dividend yield for Berry Global Group?

Berry Global Group announced a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Thursday, June 1st will be given a dividend of $0.25 per share on Thursday, June 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for BERY
.

Is Berry Global Group a good dividend stock?

Berry Global Group (NYSE:BERY) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.69%. The dividend payout ratio is 17.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 12.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BERY.

What guidance has Berry Global Group issued on next quarter's earnings?

Berry Global Group issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $7.30-$7.80 for the period, compared to the consensus earnings per share estimate of $7.46. The company issued revenue guidance of -.

What is Tom Salmon's approval rating as Berry Global Group's CEO?

107 employees have rated Berry Global Group Chief Executive Officer Tom Salmon on Glassdoor.com. Tom Salmon has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Berry Global Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Berry Global Group investors own include NVIDIA (NVDA), Walt Disney (DIS), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Home Depot (HD), Procter & Gamble (PG), Bristol-Myers Squibb (BMY), CVS Health (CVS) and Alibaba Group (BABA).

What is Berry Global Group's stock symbol?

Berry Global Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BERY."

Who are Berry Global Group's major shareholders?

Berry Global Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Turtle Creek Asset Management Inc. (4.80%), BlackRock Inc. (4.54%), LSV Asset Management (3.60%), Macquarie Group Ltd. (1.82%), Dimensional Fund Advisors LP (1.76%) and State Street Corp (1.69%). Insiders that own company stock include Carl J Rickertsen, Curt Begle, Jason K Greene, Mark W Miles, Michael Edward Hill, Tom Salmon and William J Norman.
View institutional ownership trends
.

How do I buy shares of Berry Global Group?

Shares of BERY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Berry Global Group's stock price today?

One share of BERY stock can currently be purchased for approximately $59.01.

How much money does Berry Global Group make?

Berry Global Group (NYSE:BERY) has a market capitalization of $7.03 billion and generates $14.50 billion in revenue each year. The industrial products company earns $766 million in net income (profit) each year or $5.70 on an earnings per share basis.

How many employees does Berry Global Group have?

The company employs 46,000 workers across the globe.

How can I contact Berry Global Group?

Berry Global Group's mailing address is 101 OAKLEY STREET PO BOX 959, EVANSVILLE IN, 47710. The official website for the company is www.berryglobal.com. The industrial products company can be reached via phone at (812) 424-2904, via email at ir@berryglobal.com, or via fax at 812-424-0128.

This page (NYSE:BERY) was last updated on 5/29/2023 by MarketBeat.com Staff

My Account -