Berry Global Group Stock Price, News & Analysis (NYSE:BERY) $66.39 -0.60 (-0.90%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$65.99▼$67.3350-Day Range$54.16▼$67.0052-Week Range$53.83▼$68.01Volume803,490 shsAverage Volume987,907 shsMarket Capitalization$7.67 billionP/E Ratio13.28Dividend Yield1.66%Price Target$72.23 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Berry Global Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside8.8% Upside$72.23 Price TargetShort InterestHealthy2.67% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment0.54Based on 17 Articles This WeekInsider TradingSelling Shares$4.10 M Sold Last QuarterProj. Earnings Growth11.99%From $7.59 to $8.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.75 out of 5 starsIndustrial Products Sector18th out of 168 stocksPlastics Products, Not Elsewhere Classified Industry1st out of 9 stocks 2.4 Analyst's Opinion Consensus RatingBerry Global Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.23, Berry Global Group has a forecasted upside of 8.8% from its current price of $66.39.Amount of Analyst CoverageBerry Global Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.67% of the float of Berry Global Group has been sold short.Short Interest Ratio / Days to CoverBerry Global Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berry Global Group has recently decreased by 0.96%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldBerry Global Group pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerry Global Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Berry Global Group is 22.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Berry Global Group will have a dividend payout ratio of 12.94% next year. This indicates that Berry Global Group will be able to sustain or increase its dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerry Global Group has received a -58.73% net impact score from Upright. The largest negative impact of Berry Global in category "GHG emissions" seems to be driven mostly by its "Adhesive sealants", "Plastic consumer electronics packages", "Plastic lids", "Plastic garments packages", "Plastic tubes", and "Plastic cosmetics packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Berry Global Group is -3.74. Previous Next 3.1 News and Social Media Coverage News SentimentBerry Global Group has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Berry Global Group this week, compared to 4 articles on an average week.Search Interest4 people have searched for BERY on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Berry Global Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berry Global Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,098,628.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Berry Global Group is held by insiders.Percentage Held by Institutions98.25% of the stock of Berry Global Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berry Global Group are expected to grow by 11.99% in the coming year, from $7.59 to $8.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berry Global Group is 13.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Berry Global Group is 13.28, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.64.Price to Earnings Growth RatioBerry Global Group has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBerry Global Group has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More BERY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BERY Stock News HeadlinesDecember 4, 2023 | americanbankingnews.comZacks Research Comments on Berry Global Group, Inc.'s FY2024 Earnings (NYSE:BERY)December 3, 2023 | americanbankingnews.comInsider Selling: Berry Global Group, Inc. (NYSE:BERY) Director Sells 18,951 Shares of StockDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 1, 2023 | finance.yahoo.comInsider Sell Alert: Director Carl Rickertsen Sells 18,951 Shares of Berry Global Group IncDecember 1, 2023 | markets.businessinsider.comBuy Rating Affirmed for Berry Global Group Amid Strong Management and Promising Growth PotentialNovember 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: The Estée Lauder Companies (EL) and Berry Global Group (BERY)November 30, 2023 | americanbankingnews.comBerry Global Group, Inc. (NYSE:BERY) Director Carl J. Rickertsen Sells 7,849 SharesNovember 30, 2023 | americanbankingnews.comBerry Global Group, Inc. (NYSE:BERY) Receives Average Recommendation of "Moderate Buy" from BrokeragesDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 29, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Farfetch (FTCH), Berry Global Group (BERY) and Steven Madden (SHOO)November 28, 2023 | finance.yahoo.comBerry Global (BERY) Gains 12.9% in a Year: Will the Trend Last?November 23, 2023 | finance.yahoo.comInsider Sell: Chief Legal Officer Jason Greene Sells Shares of Berry Global Group IncNovember 22, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Trip.com Group Ltd. Sponsored ADR (TCOM), Kohl’s (KSS) and Berry Global Group (BERY)November 20, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Berry Global Group (BERY) and OneWater Marine (ONEW)November 20, 2023 | seekingalpha.comBerry Global: Early Innings Of A TurnaroundNovember 20, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Berry Global GrNovember 20, 2023 | finance.yahoo.comBerry Global (BERY) Rewards Shareholders With 10% Dividend HikeNovember 20, 2023 | finance.yahoo.comBerry Global Group, Inc. (NYSE:BERY) Q4 2023 Earnings Call TranscriptNovember 19, 2023 | finance.yahoo.comBerry Global Group's (NYSE:BERY) Upcoming Dividend Will Be Larger Than Last Year'sNovember 18, 2023 | seekingalpha.comBerry Global FY2023 Results: Annual Report Inspires ConfidenceNovember 18, 2023 | markets.businessinsider.comHigh Performance and Strategic Initiatives Drive Buy Rating for Berry Global GroupNovember 17, 2023 | seekingalpha.comBerry Global Group, Inc. 2023 Q4 - Results - Earnings Call PresentationNovember 17, 2023 | finance.yahoo.comQ4 2023 Berry Global Group Inc Earnings CallNovember 16, 2023 | finance.yahoo.comBerry Global Group Inc (BERY) Reports Decline in Net Sales and Operating Income for Fiscal Year 2023November 16, 2023 | finance.yahoo.comBerry Global (BERY) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesNovember 16, 2023 | msn.comBerry Global raises quarterly dividend by 10% to 27.50 cents a shareNovember 16, 2023 | finance.yahoo.comBerry Announces Quarterly Dividend Increase of 10%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. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings11/16/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/04/2023Dividend Payable12/15/2023Next Earnings (Estimated)2/01/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics products, not elsewhere classified Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:BERY CUSIP08579W10 CIK1378992 Webwww.berryglobal.com Phone(812) 424-2904Fax812-424-0128Employees44,000Year FoundedN/APrice Target and Rating Average Stock Price Target$72.23 High Stock Price Target$83.00 Low Stock Price Target$60.00 Potential Upside/Downside+8.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.00 Trailing P/E Ratio13.28 Forward P/E Ratio8.75 P/E Growth0.88Net Income$609 million Net Margins4.81% Pretax Margin5.86% Return on Equity27.56% Return on Assets5.48% Debt Debt-to-Equity Ratio2.79 Current Ratio1.67 Quick Ratio1.10 Sales & Book Value Annual Sales$12.66 billion Price / Sales0.61 Cash Flow$14.53 per share Price / Cash Flow4.57 Book Value$27.23 per share Price / Book2.44Miscellaneous Outstanding Shares115,500,000Free Float111,689,000Market Cap$7.67 billion OptionableOptionable Beta1.24 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Mark W. Miles (Age 52)Chief Financial Officer Comp: $1.03MMr. Jason K. Greene (Age 53)Executive VP, Chief Legal Officer & Secretary Comp: $863.21kMr. Thomas E. Salmon (Age 60)Advisor Comp: $2.46MMr. Curtis L. Begle (Age 48)President of Health, Hygiene & Specialties Division Comp: $1.01MMr. Jean-Marc Galvez (Age 56)President of Consumer Packaging - International Division Comp: $1.14MMr. Kevin J. Kwilinski (Age 54)CEO & Director Mr. Rodgers K. GreenawaltExecutive Vice President of OperationsMs. Debbie A. GarrisonExecutive VP & Chief Information OfficerDustin StilwellHead of Investor RelationsMr. Jeffrey L. BennettExecutive VP & Chief Human Resources OfficerMore ExecutivesKey CompetitorsAptarGroupNYSE:ATRRegal RexnordNYSE:RRXDonaldsonNYSE:DCIRBC BearingsNYSE:RBCGraphic PackagingNYSE:GPKView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 1,353 shares on 11/30/2023Ownership: 0.014%Carl J RickertsenSold 18,951 sharesTotal: $1.23 M ($64.96/share)Deutsche Bank AGSold 545 shares on 11/24/2023Ownership: 0.014%Carl J RickertsenSold 7,849 sharesTotal: $508,693.69 ($64.81/share)Spears Abacus Advisors LLCSold 13,071 shares on 11/21/2023Ownership: 0.301%View All Insider TransactionsView All Institutional Transactions 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 twelve months. 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 analysts have issued 12 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 stock price to reach $72.23 in the next twelve months. This suggests a possible upside of 8.8% 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 beginning of the year. Since then, BERY shares have increased by 9.9% and is now trading at $66.39. 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) released its quarterly earnings data on Thursday, November, 16th. The industrial products company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.14. The industrial products company had revenue of $3.09 billion for the quarter, compared to analysts' expectations of $3.14 billion. Berry Global Group had a net margin of 4.81% and a trailing twelve-month return on equity of 27.56%. The firm's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.19 earnings per share. How often does Berry Global Group pay dividends? What is the dividend yield for Berry Global Group? Berry Global Group declared 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 1.66%. The ex-dividend date is Thursday, November 30th. This is a boost 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 $1.10 per share and currently has a dividend yield of 1.64%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 12.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BERY. What ETFs hold Berry Global Group's stock? ETFs with the largest weight of Berry Global Group (NYSE:BERY) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), VanEck Future of Food ETF (YUMY), AdvisorShares Insiders Advantage ETF (SURE), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), WisdomTree U.S. Value Fund (WTV), WisdomTree U.S. Quality Shareholder Yield Fund (QSY), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV) and Vanguard Materials ETF (VAW). What guidance has Berry Global Group issued on next quarter's earnings? Berry Global Group issued an update on 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 EPS 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 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Berry Global Group, Inc. 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