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“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
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Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
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DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
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Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
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“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NYSE:BERY

Berry Global Group - BERY Stock Forecast, Price & News

$59.81
+1.04 (+1.77%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$59.15
▼
$59.93
50-Day Range
$51.02
▼
$60.42
52-Week Range
$50.10
▼
$74.73
Volume
401,477 shs
Average Volume
1.52 million shs
Market Capitalization
$8.09 billion
P/E Ratio
10.70
Dividend Yield
N/A
Price Target
$73.56

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
23.0% Upside
$73.56 Price Target
Short Interest
Healthy
1.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.86
Upright™ Environmental Score
News Sentiment
0.47mentions of Berry Global Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.81%
From $7.38 to $8.03 Per Share

Overall MarketRank™

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

2.51 out of 5 stars

Industrial Products Sector

49th out of 191 stocks

Plastics Products, Not Elsewhere Classified Industry

5th out of 12 stocks

See Top Rated MarketRank™ Stocks Here
BERY stock logo

About Berry Global Group (NYSE:BERY) Stock

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.

Analyst Ratings Changes

Several equities analysts have recently commented on BERY shares. Citigroup upped their target price on Berry Global Group to $72.00 in a research report on Tuesday, August 9th. UBS Group cut their target price on Berry Global Group from $78.00 to $73.00 in a research note on Wednesday, July 13th. Credit Suisse Group upgraded shares of Berry Global Group from a "neutral" rating to an "outperform" rating and set a $78.00 price objective for the company in a research report on Wednesday, July 20th. StockNews.com raised Berry Global Group from a "hold" rating to a "buy" rating in a research note on Friday, August 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Berry Global Group from $71.00 to $69.00 in a research report on Monday, May 9th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $73.56.

Berry Global Group Trading Up 1.8 %

NYSE:BERY opened at $59.81 on Friday. The stock's 50-day simple moving average is $55.47 and its two-hundred day simple moving average is $57.65. The company has a market capitalization of $8.09 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 0.80 and a beta of 1.19. Berry Global Group has a twelve month low of $50.10 and a twelve month high of $74.73. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 3.05.

Berry Global Group (NYSE:BERY - Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The industrial products company reported $2.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.94 by $0.09. The firm had revenue of $3.73 billion during the quarter, compared to analyst estimates of $3.82 billion. Berry Global Group had a return on equity of 29.95% and a net margin of 5.16%. During the same quarter in the prior year, the firm posted $1.53 earnings per share. Research analysts forecast that Berry Global Group will post 7.38 EPS for the current fiscal year.

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BERY Stock News Headlines

August 8, 2022 | americanbankingnews.com
Berry Global Group (NYSE:BERY) Lifted to Buy at StockNews.com
August 7, 2022 | americanbankingnews.com
Berry Global Group (NYSE:BERY) PT Lowered to $69.00 at Mizuho
August 7, 2022 | americanbankingnews.com
Berry Global Group, Inc. Expected to Post FY2022 Earnings of $7.36 Per Share (NYSE:BERY)
August 6, 2022 | americanbankingnews.com
Berry Global Group (NYSE:BERY) PT Lowered to $70.00
August 5, 2022 | finance.yahoo.com
Berry Global (BERY) Q3 Earnings Top Estimates, Revenues Miss
August 4, 2022 | americanbankingnews.com
Berry Global Group (NYSE:BERY) Trading Down 4.8%
August 3, 2022 | seekingalpha.com
Berry Global Group, Inc. (BERY) CEO Thomas Salmon on Q3 2022 Results - Earnings Call Transcript
August 3, 2022 | nasdaq.com
Returns On Capital At Berry Global Group (NYSE:BERY) Have Hit The Brakes
August 3, 2022 | finance.yahoo.com
Berry Global (BERY) Tops Q3 Earnings Estimates
July 26, 2022 | finance.yahoo.com
Graphic Packaging (GPK) Q2 Earnings and Revenues Top Estimates
July 23, 2022 | americanbankingnews.com
Berry Global Group, Inc. (NYSE:BERY) Given Consensus Rating of "Moderate Buy" by Brokerages
July 22, 2022 | americanbankingnews.com
Berry Global Group (NYSE:BERY) Upgraded to "Outperform" at Credit Suisse Group
July 20, 2022 | finance.yahoo.com
Berry Global Group, Inc. to Report Third Fiscal Quarter 2022 Results and Host Conference Call
July 20, 2022 | markets.businessinsider.com
7 Analysts Have This to Say About Berry Global Group
July 19, 2022 | finance.yahoo.com
Berry Helps Tchibo Coffee Switch to Coffee Capsules Made from Renewable Materials
July 6, 2022 | finance.yahoo.com
McCormick® Introduces 100% Recycled Plastic Food Color Bottle from Berry Global
June 27, 2022 | finance.yahoo.com
Berry Global (BERY) Surges 6.1%: Is This an Indication of Further Gains?
June 24, 2022 | finance.yahoo.com
Is Berry Global Group (BERY) a Great Stock for Value Investors?
June 20, 2022 | finance.yahoo.com
The one-year underlying earnings growth at Berry Global Group (NYSE:BERY) is promising, but the shareholders are still in the red over that time
June 3, 2022 | stocknews.com
Berry Global Group: Buy or Sell?
May 30, 2022 | theglobeandmail.com
Instrument Name Berry Global Group Instrument Symbol (BERY-N)
May 18, 2022 | finance.yahoo.com
Berry Global ESG Transparency, Performance Recognized in 100 Best Corporate Citizens Ranking
May 15, 2022 | finance.yahoo.com
Is Berry Global Group, Inc.'s (NYSE:BERY) 23% ROE Better Than Average?
May 13, 2022 | finance.yahoo.com
Berry Global Commits to Reducing Scope 3 Emissions by 25% by 2025
May 9, 2022 | markets.businessinsider.com
What 6 Analyst Ratings Have To Say About Berry Global Group
See More Headlines
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BERY Company Calendar

Last Earnings
8/03/2022
Today
8/13/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/17/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
Sector
Industrial Products
Current Symbol
NYSE:BERY
CUSIP
08579W10
CIK
1378992
Web
www.berryglobal.com
Phone
(812) 424-2904
Fax
812-424-0128
Employees
47,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$73.56
High Stock Price Forecast
$79.00
Low Stock Price Forecast
$69.00
Forecasted Upside/Downside
+23.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.59
Trailing P/E Ratio
10.70
Forward P/E Ratio
8.10
P/E Growth
0.81
Net Income
$733 million
Net Margins
5.16%
Pretax Margin
6.16%
Return on Equity
29.95%
Return on Assets
5.55%

Debt

Debt-to-Equity Ratio
3.05
Current Ratio
1.79
Quick Ratio
1.04

Sales & Book Value

Annual Sales
$13.85 billion
Price / Sales
0.58
Cash Flow
$13.69 per share
Price / Cash Flow
4.37
Book Value
$22.98 per share
Price / Book
2.60

Miscellaneous

Outstanding Shares
135,300,000
Free Float
131,647,000
Market Cap
$8.09 billion
Optionable
Optionable
Beta
1.19

Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













BERY Stock - Frequently Asked Questions

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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

10 Wall Street analysts have issued 1 year price targets for Berry Global Group's stock. Their BERY share price forecasts range from $69.00 to $79.00. On average, they expect the company's share price to reach $73.56 in the next twelve months. This suggests a possible upside of 23.0% 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 2022?

Berry Global Group's stock was trading at $73.78 at the beginning of 2022. Since then, BERY shares have decreased by 18.9% and is now trading at $59.81.
View the best growth stocks for 2022 here.

Are investors shorting Berry Global Group?

Berry Global Group saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,460,000 shares, a decrease of 15.5% from the July 15th total of 2,910,000 shares. Based on an average trading volume of 1,170,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.9% of the company's shares 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 Thursday, November 17th 2022.
View our BERY earnings forecast.

How were Berry Global Group's earnings last quarter?

Berry Global Group, Inc. (NYSE:BERY) released its quarterly earnings results on Wednesday, August, 3rd. The industrial products company reported $2.03 EPS for the quarter, beating analysts' consensus estimates of $1.94 by $0.09. The industrial products company earned $3.73 billion during the quarter, compared to the consensus estimate of $3.82 billion. Berry Global Group had a net margin of 5.16% and a trailing twelve-month return on equity of 29.95%. During the same quarter in the previous year, the business posted $1.53 EPS.

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

Berry Global Group issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $7.40-$7.40 for the period, compared to the consensus earnings per share estimate of $7.24. 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 many different institutional and retail investors. Top institutional investors include Turtle Creek Asset Management Inc. (4.82%), Ontario Teachers Pension Plan Board (2.73%), Massachusetts Financial Services Co. MA (2.54%), FMR LLC (2.38%), GMT Capital Corp (1.35%) and CI Investments Inc. (1.28%). Insiders that own company stock include Carl J Rickertsen, Curt Begle, Jason K Greene, Mark W Miles 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 $59.81.

How much money does Berry Global Group make?

Berry Global Group (NYSE:BERY) has a market capitalization of $8.09 billion and generates $13.85 billion in revenue each year. The industrial products company earns $733 million in net income (profit) each year or $5.59 on an earnings per share basis.

How many employees does Berry Global Group have?

The company employs 47,000 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 8/14/2022 by MarketBeat.com Staff

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