S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Splunk is Suddenly Looking Like a Slam Dunk
3 Big Box Retail Bets for the Holidays
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
Is Autozone Ready To Rally For Another Profitable Lap?
Trump Org. jury seeks clarity as deliberations continue
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Splunk is Suddenly Looking Like a Slam Dunk
3 Big Box Retail Bets for the Holidays
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
Is Autozone Ready To Rally For Another Profitable Lap?
Trump Org. jury seeks clarity as deliberations continue
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Splunk is Suddenly Looking Like a Slam Dunk
3 Big Box Retail Bets for the Holidays
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
Is Autozone Ready To Rally For Another Profitable Lap?
Trump Org. jury seeks clarity as deliberations continue
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Splunk is Suddenly Looking Like a Slam Dunk
3 Big Box Retail Bets for the Holidays
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
How Long Does it Take to Become a Profitable Trader?
Biden visits Arizona computer chip site, highlights jobs
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
Is Autozone Ready To Rally For Another Profitable Lap?
Trump Org. jury seeks clarity as deliberations continue
NYSE:BERY

Berry Global Group - BERY Stock Forecast, Price & News

$61.47
+0.62 (+1.02%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$60.54
$62.16
50-Day Range
$45.99
$61.47
52-Week Range
$44.52
$74.73
Volume
1.29 million shs
Average Volume
994,528 shs
Market Capitalization
$7.63 billion
P/E Ratio
10.60
Dividend Yield
1.64%
Price Target
$67.42

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
9.3% Upside
$67.17 Price Target
Short Interest
Healthy
1.44% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.69mentions of Berry Global Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$47,170 Sold Last Quarter
Proj. Earnings Growth
8.78%
From $7.52 to $8.18 Per Share

Overall MarketRank

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

2.85 out of 5 stars

Industrial Products Sector

4th out of 174 stocks

Plastics Products, Not Elsewhere Classified Industry

1st out of 10 stocks

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.

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.

BERY Stock News Headlines

There's Still Time to Get on Board with Berry Global Group
Berry Global Group (NYSE:BERY) PT Raised to $75.00
Berry Global Appoints Three New Directors - Quick Facts
KeyBanc Keeps Their Hold Rating on Berry Global Group (BERY)
Terex (TEX) Q3 Earnings and Revenues Surpass Estimates
Berry Global Group, Inc. (BERY)
Expert Ratings for Berry Global Group
Berry Global (BERY) Offers Recyclable Packaging to Mars
Is it a Wise Choice to Invest in Berry Global (BERY)?
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.

BERY Company Calendar

Last Earnings
11/18/2021
Ex-Dividend for 12/15 Dividend
11/30/2022
Today
12/06/2022
Dividend Payable
12/15/2022
Next Earnings (Estimated)
2/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
46,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$67.17
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$766 million
Pretax Margin
6.44%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$13.45 per share
Book Value
$23.62 per share

Miscellaneous

Free Float
120,749,000
Market Cap
$7.63 billion
Optionable
Optionable
Beta
1.23

Key Executives

  • Mr. Thomas E. Salmon (Age 59)
    CEO & Chairman
    Comp: $3.24M
  • Mr. Mark W. MilesMr. Mark W. Miles (Age 51)
    Chief Financial Officer
    Comp: $1.37M
  • Mr. Jason K. GreeneMr. Jason K. Greene (Age 52)
    Exec. VP, Chief Legal Officer & Sec.
    Comp: $1.18M
  • Mr. Curtis L. BegleMr. Curtis L. Begle (Age 47)
    Pres of Health, Hygiene & Specialties Division
    Comp: $1.38M
  • Mr. Jean-Marc Galvez (Age 55)
    Pres of Consumer Packaging - International Division
    Comp: $1.59M
  • Mr. Rodgers Greenawalt
    Exec. VP of Operations
  • Ms. Debbie Garrison
    Exec. VP & Chief Information Officer
  • Dustin Stilwell
    Head of Investor Relations
  • Mr. Jeff Bennett
    Exec. VP & Chief HR Officer
  • Mr. William J. NormanMr. William J. Norman (Age 51)
    Pres of Consumer Packaging – North America Division













BERY Stock - Frequently Asked Questions

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

10 Wall Street 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 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 2023?

10 Wall Street analysts have issued 1-year target prices for Berry Global Group's stock. Their BERY share price forecasts range from $55.00 to $75.00. On average, they predict the company's share price to reach $67.17 in the next year. This suggests a possible upside of 9.5% 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 start of the year. Since then, BERY stock has decreased by 16.9% and is now trading at $61.32.
View the best growth stocks for 2022 here
.

Are investors shorting Berry Global Group?

Berry Global Group saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 1,790,000 shares, a drop of 10.5% from the October 31st total of 2,000,000 shares. Based on an average daily volume of 880,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.4% of the company's stock are sold short.
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, February 2nd 2023.
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, 18th. The industrial products company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.02. The industrial products company earned $3.67 billion during the quarter, compared to analyst estimates of $3.46 billion. Berry Global Group had a net margin of 5.28% and a trailing twelve-month return on equity of 30.32%. The business's revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.59 earnings per share.

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 Tuesday, November 15th. Stockholders 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 yield of 1.63%. The ex-dividend date is Wednesday, November 30th.
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 1.64%. The dividend payout ratio is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 12.22% 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 FY23 earnings guidance on Tuesday, November, 15th. The company provided EPS guidance of $7.30-$7.80 for the period, compared to the consensus earnings per share estimate of $7.90.

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 a number of retail and institutional investors. Top institutional shareholders 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
.

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 $61.32.

How much money does Berry Global Group make?

Berry Global Group (NYSE:BERY) has a market capitalization of $7.61 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.

How many employees does Berry Global Group have?

The company employs 46,000 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 12/7/2022 by MarketBeat.com Staff