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

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$50.42 +0.06 (+0.12 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$50.42
Today's Range$50.29 - $51.35
52-Week Range$40.50 - $60.40
Volume1.49 million shs
Average Volume1.14 million shs
Market Capitalization$6.58 billion
P/E Ratio14.96
Dividend YieldN/A
Beta1.11
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products. The company operates through three segments: Engineered Materials; Health, Hygiene & Specialties; and Consumer Packaging. The Engineered Materials segment offers engineered materials, including stretch and shrink films, and converter films; trash-can liners and food bags; cloth and foil, splicing and laminating, flame-retardant, flashing and seaming tapes, double-faced cloth, masking, mounting, OEM, and medical and specialty tapes; and food and consumer films, retail bags, and polyvinyl chloride films. The Health, Hygiene & Specialties segment provides medical garment materials, surgical drapes, household cleaning wipes, and face masks for infection prevention; components for baby diapers and other absorbent hygiene products, elastic films and laminates, and substrates for dryer sheets; and products and components of products for corrosion protection, cable wrap, geosynthetics, and specialty filtration products. The Consumer Packaging segment offers containers for branded and private label customers; lightweight polypropylene cups and lids for hot and cold beverages; child-resistant, continuous-thread, and tamper closures, as well as aerosol overcaps; bottles and prescription vials; and extruded and laminate tubes. The company primarily serves household, healthcare, personal care, food and beverage, and industrial markets through direct sales force and distributors in North America, South America, Europe, and Asia. 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 headquartered in Evansville, Indiana.

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Industry, Sector and Symbol

Industry Plastics products, not elsewhere classified
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
CUSIP08579W10
Phone812-424-2904

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.87 billion
Cash Flow$7.5366 per share
Book Value$10.88 per share

Profitability

Net Income$496 million

Miscellaneous

Employees24,000
Market Cap$6.58 billion
OptionableOptionable

Berry Global Group (NYSE:BERY) Frequently Asked Questions

What is Berry Global Group's stock symbol?

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

How were Berry Global Group's earnings last quarter?

Berry Global Group Inc (NYSE:BERY) posted its earnings results on Thursday, November, 15th. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.02. The industrial products company earned $2.05 billion during the quarter, compared to analysts' expectations of $2.01 billion. Berry Global Group had a net margin of 6.30% and a return on equity of 34.77%. View Berry Global Group's Earnings History.

When is Berry Global Group's next earnings date?

Berry Global Group is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Berry Global Group.

How can I listen to Berry Global Group's earnings call?

Berry Global Group will be holding an earnings conference call on Friday, February 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8003051078.

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

Berry Global Group issued an update on its earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of for the period.

What price target have analysts set for BERY?

10 brokerages have issued 12 month price targets for Berry Global Group's shares. Their predictions range from $53.00 to $71.00. On average, they anticipate Berry Global Group's stock price to reach $62.5714 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Berry Global Group.

What is the consensus analysts' recommendation for Berry Global Group?

10 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Berry Global Group.

What are Wall Street analysts saying about Berry Global Group stock?

Here are some recent quotes from research analysts about Berry Global Group stock:
  • 1. According to Zacks Investment Research, "Over the past three months, Berry Global's shares have outperformed the industry. We believe that the company is well positioned to gain from its product portfolio, innovation investments, capacity expansion, buyouts and solid rewards to shareholders. For fiscal 2019, Berry Global anticipates cash flow from operations of $1,036 million and adjusted free cash flow of $670 million versus the respective year-ago tallies of $1,004 million and $382 million. Over the past 60 days, Zacks Consensus Estimate for the company's earnings has been revised upward for fiscal 2019 and fiscal 2020." (1/15/2019)
  • 2. Cfra analysts commented, "We forecast 11% sales growth in fiscal year 2018 (Sep.) and mid-single digit growth in fiscal year 2019. Clopay, which was acquired in February 2018, is driving strong growth in the Health, Hygiene & Specialties segment." (9/6/2018)
  • 3. KeyCorp analysts commented, "We think BERY’s adj. free cash flow might be no better than flat next year (in FY19)." (8/3/2018)

Has Berry Global Group been receiving favorable news coverage?

Press coverage about BERY stock has trended extremely positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Berry Global Group earned a news impact score of 4.1 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.

Are investors shorting Berry Global Group?

Berry Global Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,713,141 shares, an increase of 146.1% from the December 14th total of 1,508,704 shares. Based on an average trading volume of 2,314,610 shares, the short-interest ratio is presently 1.6 days. Currently, 2.8% of the company's stock are sold short. View Berry Global Group's Current Options Chain.

Who are some of Berry Global Group's key competitors?

Who are Berry Global Group's key executives?

Berry Global Group's management team includes the folowing people:
  • Mr. Thomas E. Salmon, CEO & Chairman (Age 55)
  • Mr. Mark W. Miles, CFO & Treasurer (Age 47)
  • Mr. Curtis L. Begle, Pres of Engineered Materials Division (Age 43)
  • Mr. Scott M. Tracey, Pres of Health, Hygiene & Specialties Division (Age 50)
  • Mr. Jean-Marc Galvez, Pres of Consumer Packaging Division (Age 51)

Who are Berry Global Group's major shareholders?

Berry Global Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Skyline Asset Management LP (0.14%), Nippon Life Global Investors Americas Inc. (0.09%), Advisors Capital Management LLC (0.05%), Highland Capital Management LLC (0.02%), Landsberg Bennett & Dubbaneh LLC (0.01%) and Oakbrook Investments LLC (0.00%). Company insiders that own Berry Global Group stock include Carl J Rickertsen, Curt Begle, Evan Bayh, Mark W Miles and Paula A Sneed. View Institutional Ownership Trends for Berry Global Group.

Which major investors are selling Berry Global Group stock?

BERY stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Nisa Investment Advisors LLC, Oakbrook Investments LLC and First Hawaiian Bank. View Insider Buying and Selling for Berry Global Group.

Which major investors are buying Berry Global Group stock?

BERY stock was purchased by a variety of institutional investors in the last quarter, including Nippon Life Global Investors Americas Inc., Highland Capital Management LLC, Landsberg Bennett & Dubbaneh LLC, Virtu Financial LLC, Cerebellum GP LLC, Meeder Asset Management Inc. and Advisors Capital Management LLC. View Insider Buying and Selling for Berry Global Group.

How do I buy shares of Berry Global Group?

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

What is Berry Global Group's stock price today?

One share of BERY stock can currently be purchased for approximately $50.42.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $6.58 billion and generates $7.87 billion in revenue each year. The industrial products company earns $496 million in net income (profit) each year or $3.37 on an earnings per share basis. Berry Global Group employs 24,000 workers across the globe.

What is Berry Global Group's official website?

The official website for Berry Global Group is http://www.berryglobal.com.

How can I contact Berry Global Group?

Berry Global Group's mailing address is 101 OAKLEY STREET PO BOX 959, EVANSVILLE IN, 47710. The industrial products company can be reached via phone at 812-424-2904 or via email at [email protected]


MarketBeat Community Rating for Berry Global Group (NYSE BERY)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  409 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  705
MarketBeat's community ratings are surveys of what our community members think about Berry Global Group and other stocks. Vote "Outperform" if you believe BERY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BERY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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