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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs

Berry Global Group Stock Price, News & Analysis (NYSE:BERY)

$67.00
+0.88 (+1.33%)
(As of 12/1/2023 ET)
Compare
Today's Range
$65.97
$67.05
50-Day Range
$54.16
$67.00
52-Week Range
$53.83
$68.01
Volume
1.08 million shs
Average Volume
988,706 shs
Market Capitalization
$7.74 billion
P/E Ratio
13.40
Dividend Yield
1.49%
Price Target
$72.23

Berry Global Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
7.8% Upside
$72.23 Price Target
Short Interest
Healthy
2.67% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.26mentions of Berry Global Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4.10 M Sold Last Quarter
Proj. Earnings Growth
11.84%
From $7.60 to $8.50 Per Share

Overall MarketRank

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

2.74 out of 5 stars

Industrial Products Sector

23rd out of 174 stocks

Plastics Products, Not Elsewhere Classified Industry

1st out of 11 stocks


BERY stock logo

About Berry Global Group Stock (NYSE:BERY)

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments. The Consumer Packaging International segment offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. The Consumer Packaging North America segment provides containers and pails, foodservice products, closures and overcaps, bottles and prescription vials, and tubes. The Engineered Materials segment offers stretch and shrink, converter, food and consumer, and agriculture films, as well as institutional can liners and retail bags. The Health, Hygiene & Specialties segment provides healthcare, hygiene, specialties, and tapes. Berry Global Group, Inc. sells its products through direct sales force of professionals and distributors in the United States, Canada, Europe, and internationally. The company was formerly known as Berry Plastics Group, Inc. and changed its name to Berry Global Group, Inc. in April 2017. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana.

BERY Stock Price History

BERY Stock News Headlines

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Berry Global: Early Innings Of A Turnaround
What 4 Analyst Ratings Have To Say About Berry Global Gr
Q4 2023 Berry Global Group Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
11/16/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/01/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
2/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
44,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$72.23
High Stock Price Target
$83.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$609 million
Pretax Margin
5.86%

Debt

Sales & Book Value

Annual Sales
$12.66 billion
Cash Flow
$15.12 per share
Book Value
$27.84 per share

Miscellaneous

Free Float
111,689,000
Market Cap
$7.74 billion
Optionable
Optionable
Beta
1.20
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Key Executives















BERY Stock Analysis - Frequently Asked Questions

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BERY shares.
View BERY analyst ratings
or view top-rated stocks.

What is Berry Global Group's stock price target for 2024?

8 Wall Street research analysts have issued twelve-month price targets for Berry Global Group's stock. Their BERY share price targets range from $60.00 to $83.00. On average, they anticipate the company's share price to reach $72.23 in the next twelve months. This suggests a possible upside of 7.8% 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 start of the year. Since then, BERY shares have increased by 10.9% and is now trading at $66.9950.
View the best growth stocks for 2023 here
.

When is Berry Global Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our BERY earnings forecast
.

How were Berry Global Group's earnings last quarter?

Berry Global Group, Inc. (NYSE:BERY) announced its quarterly earnings results on Thursday, November, 16th. The industrial products company reported $2.28 earnings per share for the quarter, beating analysts' consensus estimates of $2.14 by $0.14. The industrial products company earned $3.09 billion during the quarter, compared to analyst estimates of $3.14 billion. Berry Global Group had a trailing twelve-month return on equity of 27.56% and a net margin of 4.81%. Berry Global Group's revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.19 EPS.

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 Thursday, November 16th. Investors of record on Friday, December 1st will be given a dividend of $0.275 per share on Friday, December 15th. This represents a $1.10 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from the stock's previous quarterly dividend of $0.25.
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 1.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 11.76% 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 updated its FY 2024 earnings guidance on Thursday, November, 16th. The company provided earnings per share (EPS) guidance of $7.35-$7.85 for the period, compared to the consensus estimate of $7.89. 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).

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 investors include Fuller & Thaler Asset Management Inc. (3.77%), LSV Asset Management (3.52%), Massachusetts Financial Services Co. MA (2.71%), Bank of New York Mellon Corp (1.06%), Ancora Advisors LLC (1.05%) and AQR Capital Management LLC (0.85%). Insiders that own company stock include Carl J Rickertsen, Carl J Rickertsen, Curt Begle, Evan Bayh, Jason K Greene, Mark W Miles, Michael Edward Hill, Tom Salmon, William J Norman 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.

This page (NYSE:BERY) was last updated on 12/2/2023 by MarketBeat.com Staff

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