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

Sign in or create an account to add this stock to your watchlist.
$50.19 -0.01 (-0.02 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$50.19
Today's Range$49.93 - $50.65
52-Week Range$40.50 - $60.40
Volume659,582 shs
Average Volume1.01 million shs
Market Capitalization$6.56 billion
P/E Ratio14.89
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.

Receive BERY News and Ratings via Email

Sign-up to receive the latest news and ratings for BERY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Current Ratio1.85
Quick Ratio1.13

Price-To-Earnings

Sales & Book Value

Annual Sales$7.87 billion
Price / Sales0.83
Cash Flow$7.5247 per share
Price / Cash Flow6.67
Book Value$10.88 per share
Price / Book4.61

Profitability

Net Income$496 million
Net Margins6.30%
Return on Assets5.12%

Miscellaneous

Employees24,000
Market Cap$6.56 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) issued its quarterly earnings results on Thursday, November, 15th. The industrial products company reported $0.90 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 the consensus estimate of $2.01 billion. Berry Global Group had a return on equity of 34.77% and a net margin of 6.30%. 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 EPS guidance of for the period.

What price target have analysts set for BERY?

9 Wall Street analysts have issued 12 month price objectives for Berry Global Group's shares. Their predictions range from $57.00 to $71.00. On average, they anticipate Berry Global Group's stock price to reach $64.1667 in the next year. This suggests a possible upside of 28.1% from the stock's current price. View Analyst Price Targets for Berry Global Group.

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

9 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 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?

Headlines about BERY stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Berry Global Group earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Are investors shorting Berry Global Group?

Berry Global Group saw a increase in short interest in 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 days-to-cover ratio is presently 1.6 days. Approximately 2.8% of the shares of the stock are short sold. 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%), Virtu Financial LLC (0.00%), Cerebellum GP LLC (0.00%) and First Hawaiian Bank (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 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 acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC and Cerebellum GP 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 $50.09.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $6.56 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:  295 (Vote Underperform)
Total Votes:  704
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 1/16/2019 by MarketBeat.com Staff

Featured Article: Price-Sales Ratio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel