Berry Global Group - BERY Stock Forecast, Price & News

10 Wall Street 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 research analysts is that investors should "buy" BERY shares.
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10 brokers have issued 12-month price objectives for Berry Global Group's stock. Their BERY share price forecasts range from $55.00 to $78.00. On average, they anticipate the company's stock price to reach $67.42 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
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Berry Global Group's stock was trading at $73.78 at the start of the year. Since then, BERY stock has decreased by 22.5% and is now trading at $57.15.
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Berry Global Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,790,000 shares, a decrease of 10.5% from the October 31st total of 2,000,000 shares. Based on an average daily trading volume, of 880,700 shares, the short-interest ratio is currently 2.0 days. Approximately 1.4% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our BERY earnings forecast.

Berry Global Group, Inc. (NYSE:BERY) issued its quarterly earnings results on Thursday, November, 18th. The industrial products company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.02. The industrial products company earned $3.67 billion during the quarter, compared to the consensus estimate of $3.46 billion. Berry Global Group had a trailing twelve-month return on equity of 30.32% and a net margin of 5.28%. Berry Global Group's quarterly revenue was up 22.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS.

Berry Global Group declared a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.25 per share on Thursday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Wednesday, November 30th.
Read our dividend analysis for BERY.

Berry Global Group issued an update on its FY23 earnings guidance on Tuesday, November, 15th. The company provided earnings per share guidance of $7.30-$7.80 for the period, compared to the consensus EPS estimate of $7.90.

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.

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).

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

Berry Global Group's stock is owned by many different institutional and retail investors. Top institutional investors include EdgePoint Investment Group Inc. (10.28%), Vanguard Group Inc. (8.51%), Turtle Creek Asset Management Inc. (4.82%), BlackRock Inc. (3.72%), LSV Asset Management (3.34%) and Massachusetts Financial Services Co. MA (2.57%). 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.

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.
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One share of BERY stock can currently be purchased for approximately $57.15.

Berry Global Group (NYSE:BERY) has a market capitalization of $7.09 billion and generates $14.50 billion in revenue each year. The industrial products company earns $766 million in net income (profit) each year or $5.80 on an earnings per share basis.

The company employs 46,000 workers across the globe.

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.