NYSE:BERY Berry Global Group - BERY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Berry Global Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $59.88 +0.57 (+0.96%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$58.86▼$60.2350-Day Range$54.17▼$61.7952-Week Range$44.52▼$67.65Volume598,558 shsAverage Volume732,307 shsMarket Capitalization$7.29 billionP/E Ratio10.32Dividend Yield1.69%Price Target$68.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Berry Global Group MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside14.4% Upside$68.50 Price TargetShort InterestHealthy2.51% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment0.63Based on 5 Articles This WeekInsider TradingSelling Shares$620,000 Sold Last QuarterProj. Earnings Growth8.92%From $7.51 to $8.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsIndustrial Products Sector7th out of 183 stocksPlastics Products, Not Elsewhere Classified Industry1st out of 11 stocks 3.3 Analyst's Opinion Consensus RatingBerry Global Group has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.50, Berry Global Group has a forecasted upside of 14.4% from its current price of $59.88.Amount of Analyst CoverageBerry Global Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.51% of the float of Berry Global Group has been sold short.Short Interest Ratio / Days to CoverBerry Global Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berry Global Group has recently increased by 24.49%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldBerry Global Group pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerry Global Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Berry Global Group is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Berry Global Group will have a dividend payout ratio of 12.22% next year. This indicates that Berry Global Group will be able to sustain or increase its dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerry Global Group has received a -58.73% net impact score from Upright. The largest negative impact of Berry Global in category "GHG emissions" seems to be driven mostly by its "Adhesive sealants", "Plastic consumer electronics packages", "Plastic lids", "Plastic garments packages", "Plastic tubes", and "Plastic cosmetics packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Berry Global Group is -3.74. Previous Next 2.6 News and Social Media Coverage News SentimentBerry Global Group has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Berry Global Group this week, compared to 2 articles on an average week.Search Interest4 people have searched for BERY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Berry Global Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berry Global Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $620,000.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Berry Global Group is held by insiders.Percentage Held by Institutions94.02% of the stock of Berry Global Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berry Global Group are expected to grow by 8.92% in the coming year, from $7.51 to $8.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berry Global Group is 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Berry Global Group is 10.32, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.23.Price to Earnings Growth RatioBerry Global Group has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBerry Global Group has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Berry Global Group (NYSE:BERY) StockBerry Global Group, Inc. engages in the provision of innovative rigid, flexible, and non-woven products. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene and Specialties. The Consumer Packaging International segment consists of rigid products that primarily service non-North American markets. The Consumer Packaging North America segment includes rigid products that primarily service North American markets. The Engineered Materials segment manufactures flexible products that service primarily North American and European markets. The Health, Hygiene and Specialties segment refers to non-woven and related products that service global markets. The company was founded in 1967 and is headquartered in Evansville, IN.Read More 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. Email Address BERY Stock News HeadlinesJanuary 26, 2023 | finance.yahoo.comWill Berry Global (BERY) Beat Estimates Again in Its Next Earnings Report?January 26, 2023 | finance.yahoo.comBerry, Coca-Cola Collaborate to implement Tethered caps in EU marketsJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 13, 2023 | finance.yahoo.comBerry Global Group, Inc. to Release First Fiscal Quarter 2023 Results on February 2, 2023January 11, 2023 | finance.yahoo.comShould You Think About Buying Berry Global Group, Inc. (NYSE:BERY) Now?December 28, 2022 | finance.yahoo.comAn Intrinsic Calculation For Berry Global Group, Inc. (NYSE:BERY) Suggests It's 38% UndervaluedDecember 15, 2022 | finance.yahoo.comWhy Is Berry Global (BERY) Up 15.6% Since Last Earnings Report?December 15, 2022 | finance.yahoo.comBerry Global Recognized by Newsweek as One of America’s Most Responsible CompaniesJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 14, 2022 | finance.yahoo.comHere's Why We Think Berry Global Group (NYSE:BERY) Might Deserve Your Attention TodayDecember 13, 2022 | finance.yahoo.comWhat Makes Berry Global Group (BERY) an Attractive Investment?December 13, 2022 | finance.yahoo.comBerry Global Group Stock Showing Improved Relative StrengthDecember 13, 2022 | seekingalpha.comBonhoeffer Capital - Berry Global: 31% IRR Likely Over Next Five YearsDecember 13, 2022 | seekingalpha.comBerry Global Group: Challenges Ahead - Still A Cash Flow MonsterDecember 8, 2022 | finance.yahoo.comIs Berry Global Group (BERY) a Great Stock to Invest in?November 30, 2022 | finance.yahoo.comBerry Global Group (NYSE:BERY) shareholders have earned a 7.2% CAGR over the last three yearsNovember 28, 2022 | realmoney.thestreet.comThere's Still Time to Get on Board with Berry Global GroupNovember 23, 2022 | seekingalpha.comBerry Global gains after adding board members, agreement with activist investorsNovember 23, 2022 | markets.businessinsider.comBerry Global Appoints Three New Directors - Quick FactsNovember 23, 2022 | finance.yahoo.comBerry Global Announces Appointment of Three New Directors and Forms Capital Allocation CommitteeNovember 22, 2022 | finance.yahoo.comBerry Global Receives "Prime" ISS ESG Corporate Rating for Continued Focus on Embedding ESG Across the CompanyNovember 16, 2022 | seekingalpha.comBerry Global Group is defended at Goldman Sachs after earnings stumbleNovember 15, 2022 | finance.yahoo.comBerry Global Stock Gains On Q4 Bottom-Line Beat, Quarterly Dividend InitiationNovember 15, 2022 | markets.businessinsider.comKeyBanc Keeps Their Hold Rating on Berry Global Group (BERY)November 14, 2022 | finance.yahoo.comPioneer Power Solutions, Inc. (PPSI) Reports Q3 Loss, Misses Revenue EstimatesOctober 27, 2022 | finance.yahoo.comTerex (TEX) Q3 Earnings and Revenues Surpass EstimatesOctober 26, 2022 | finance.yahoo.comBerry Global Wins Prestigious Sustainability Award for Circular Solution that Minimizes Plastic WasteSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address BERY Company Calendar Last Earnings11/15/2022Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today1/29/2023Next Earnings (Confirmed)2/02/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics products, not elsewhere classified Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:BERY CUSIP08579W10 CIK1378992 Webwww.berryglobal.com Phone(812) 424-2904Fax812-424-0128Employees46,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$68.50 High Stock Price Forecast$75.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+14.4%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.80 Trailing P/E Ratio10.32 Forward P/E Ratio7.97 P/E Growth0.79Net Income$766 million Net Margins5.28% Pretax Margin6.44% Return on Equity30.32% Return on Assets5.70% Debt Debt-to-Equity Ratio2.89 Current Ratio1.82 Quick Ratio1.18 Sales & Book Value Annual Sales$14.50 billion Price / Sales0.50 Cash Flow$13.46 per share Price / Cash Flow4.45 Book Value$23.62 per share Price / Book2.54Miscellaneous Outstanding Shares121,820,000Free Float117,801,000Market Cap$7.29 billion OptionableOptionable Beta1.19 Key ExecutivesThomas Edward SalmonChairman & Chief Executive OfficerRodgers GreenawaltExecutive Vice President-OperationsMark William MilesChief Financial Officer & TreasurerDebbie GarrisonChief Information Officer & Executive VPTarun ManroaChief Strategy Officer & Executive Vice PresidentKey CompetitorsAptarGroupNYSE:ATRValmont IndustriesNYSE:VMIGraphic PackagingNYSE:GPKRBC BearingsNYSE:RBCDonaldsonNYSE:DCIView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Bought 3,374 shares on 1/27/2023Ownership: 0.052%Jeppson Wealth Management LLCBought 4,200 shares on 1/27/2023Ownership: 0.003%New York State Teachers Retirement SystemBought 3,746 shares on 1/27/2023Ownership: 0.003%Comerica BankBought 929 shares on 1/26/2023Ownership: 0.031%Symphony Financial Ltd. Co.Bought 12,057 shares on 1/26/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions BERY Stock - Frequently Asked Questions Should I buy or sell Berry Global Group stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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? 9 Wall Street analysts have issued 1 year price objectives for Berry Global Group's stock. Their BERY share price forecasts range from $60.00 to $75.00. On average, they expect the company's share price to reach $68.50 in the next twelve months. This suggests a possible upside of 14.4% 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 2023? Berry Global Group's stock was trading at $60.43 at the beginning of the year. Since then, BERY stock has decreased by 0.9% and is now trading at $59.88. View the best growth stocks for 2023 here. Are investors shorting Berry Global Group? Berry Global Group saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,450,000 shares, an increase of 7.0% from the December 15th total of 2,290,000 shares. Based on an average daily trading volume, of 940,700 shares, the short-interest ratio is presently 2.6 days. Approximately 2.0% of the shares of the company are short sold. 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 can I listen to Berry Global Group's earnings call? Berry Global Group will be holding an earnings conference call on Thursday, February 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Berry Global Group's earnings last quarter? Berry Global Group, Inc. (NYSE:BERY) announced its quarterly earnings data on Tuesday, November, 15th. The industrial products company reported $2.19 EPS for the quarter, topping the consensus estimate of $2.15 by $0.04. The industrial products company earned $3.42 billion during the quarter, compared to analysts' expectations of $3.68 billion. Berry Global Group had a net margin of 5.28% and a trailing twelve-month return on equity of 30.32%. 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. 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 annualized dividend and a dividend yield of 1.67%. 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 1.69%. 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 issued an update on its FY 2023 earnings guidance on Thursday, December, 15th. The company provided EPS guidance of $7.30-$7.80 for the period, compared to the consensus estimate of $7.80. The company issued revenue guidance of -. 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 institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.98%), Fifth Third Bancorp (0.60%), Assenagon Asset Management S.A. (0.26%), National Bank of Canada FI (0.09%), Wedge Capital Management L L P NC (0.09%) and Thompson Investment Management Inc. (0.05%). 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 $59.88. How much money does Berry Global Group make? Berry Global Group (NYSE:BERY) has a market capitalization of $7.29 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 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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