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NYSE:BERY - Berry Global Group Stock Price, Price Target & More

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$46.94 -0.21 (-0.45 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$47.15
Today's Range$46.73 - $47.39
52-Week Range$45.60 - $61.71
Volume1.43 million shs
Average Volume1.35 million shs
Market Capitalization$6.21 billion
P/E Ratio15.36
Dividend YieldN/A
Beta1.03
Berry Global Group logoBerry Global Group, Inc. manufactures and distributes engineered materials, nonwoven specialty materials, and consumer packaging products. The company operates through three segments: Engineered Materials; Health, Hygiene & Specialties; and Consumer Packaging. It 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, vinyl-coated and carton sealing, electrical, double-faced cloth, masking, mounting, OEM, and medical and specialty tapes; and food and consumer films, retail bags, and polyvinyl chloride films. The company also provides components for baby diapers and other absorbent hygiene products, feminine hygiene products, medical garment materials, substrates for dryer sheets, household cleaning wipes, filters, protective house wraps, and specialty agriculture and industrial products; components for adult incontinence, surgical drapes, face masks, corrosion protection, cable wrap, geosynthetics, and specialty filtration products; and a range of products for baby care, infection prevention, and food and household packaging. In addition, it offers containers; foodservice products, such as thermoformed polypropylene and injection-molded plastic drink cups and lids; closures and over caps comprising continuous-thread and child-resistant closures, as well as aerosol over caps; bottle and prescription containers; and extruded and laminate tubes. The company primarily serves healthcare, personal care, and food and beverage 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

Stock Exchange NYSE
Industry Plastics products, not elsewhere classified
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:BERY
CUSIP08579W10
Webwww.berryglobal.com
Phone812-424-2904

Debt

Debt-to-Equity Ratio4.59
Current Ratio1.95
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio15.36
Forward P/E Ratio12.90
P/E Growth1.3

Sales & Book Value

Annual Sales$7.10 billion
Price / Sales0.87
Cash Flow$7.0906 per share
Price / Cash6.62
Book Value$7.78 per share
Price / Book6.03

Profitability

EPS (Most Recent Fiscal Year)$3.07
Net Income$340 million
Net Margins6.24%
Return on Equity41.40%
Return on Assets5.20%

Miscellaneous

Employees23,000
Outstanding Shares131,700,000
Market Cap$6,209.66

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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) announced its quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.03. The industrial products company earned $1.97 billion during the quarter, compared to analysts' expectations of $1.98 billion. Berry Global Group had a net margin of 6.24% and a return on equity of 41.40%. The company's revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.79 earnings per share. 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, August, 3rd 2018. View Earnings Estimates for Berry Global Group.

What price target have analysts set for BERY?

13 analysts have issued 12-month price targets for Berry Global Group's shares. Their forecasts range from $64.00 to $71.00. On average, they expect Berry Global Group's share price to reach $67.0909 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price. View Analyst Ratings for Berry Global Group.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last year. There are currently 1 hold rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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, "Berry Global Group, Inc. is a manufacturer and marketer of value-added plastic consumer packaging and engineered materials. The Company's products include engineered materials, non-woven specialty materials and consumer packaging. Berry Global Group, Inc., formerly known as Berry Plastics Group, Inc., is headquartered in Evansville, Indiana. " (6/27/2018)
  • 2. KeyCorp analysts commented, "We are reducing our FY18 EBITDA estimate from $1.45 billion to $1.415 billion and our FY19 estimate from $1.47 billion to $1.435 billion (consensus is $1.5 billion). We continue to expect slightly down organic EBITDA in FY19, with the only growth coming from the Clopay acquisition and related synergies. We are maintaining our FY18 FCF estimate of $630 million (in line with guidance), though reducing our FY19 FCF estimate from $700 million to $680 million partly on account of our lower EBITDA estimate. On our estimates, BERY is trading at ~8.8x for FY18E EV/EBITDA, in line with its 3-year avg. and below the peer group avg. of ~10x, roughly the same discount to the group at which it has traded historically. We think the discount to the group is appropriate given BERY’s growth challenges and still high, though declining, leverage. As a result, we consider a SW rating most appropriate." (5/3/2018)

Are investors shorting Berry Global Group?

Berry Global Group saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,589,558 shares, an increase of 51.5% from the May 15th total of 1,708,932 shares. Based on an average trading volume of 1,788,053 shares, the days-to-cover ratio is currently 1.4 days. Currently, 2.0% 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)

Has Berry Global Group been receiving favorable news coverage?

News stories about BERY stock have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Berry Global Group earned a coverage optimism score of 0.04 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 43.35 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 LUMINUS MANAGEMENT LLC (6.73%), Bank of Montreal Can (1.95%), First National Bank of Omaha (0.07%), Polianta Ltd (0.02%), Harbour Capital Advisors LLC (0.02%) and Xact Kapitalforvaltning AB (0.01%). 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 institutional investors are selling Berry Global Group stock?

BERY stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and First National Bank of Omaha. Company insiders that have sold Berry Global Group company stock in the last year include Curt Begle and Mark W Miles. View Insider Buying and Selling for Berry Global Group.

Which institutional investors are buying Berry Global Group stock?

BERY stock was purchased by a variety of institutional investors in the last quarter, including Atria Investments LLC, Xact Kapitalforvaltning AB, Polianta Ltd, State of Alaska Department of Revenue, Harbour Capital Advisors LLC and New England Research & Management Inc.. 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 $46.94.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $6.21 billion and generates $7.10 billion in revenue each year. The industrial products company earns $340 million in net income (profit) each year or $3.07 on an earnings per share basis. Berry Global Group employs 23,000 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 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:  3.0 out of 5 (star star star)
Outperform Votes:  374 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  629
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 7/16/2018 by MarketBeat.com Staff

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