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

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$48.25 +0.67 (+1.41 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$48.25
Today's Range$47.24 - $48.59
52-Week Range$40.50 - $61.71
Volume2.04 million shs
Average Volume1.32 million shs
Market Capitalization$6.24 billion
P/E Ratio14.32
Dividend YieldN/A
Beta1.22
Berry 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
Current SymbolNYSE:BERY
Previous Symbol
CUSIP08579W10
Phone812-424-2904

Debt

Debt-to-Equity Ratio4.05
Current Ratio1.85
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio14.32
Forward P/E Ratio12.76
P/E Growth0.75

Sales & Book Value

Annual Sales$7.87 billion
Price / Sales0.80
Cash Flow$7.6466 per share
Price / Cash Flow6.31
Book Value$10.88 per share
Price / Book4.43

Profitability

EPS (Most Recent Fiscal Year)$3.37
Net Income$496 million
Net Margins6.30%
Return on Equity34.77%
Return on Assets5.12%

Miscellaneous

Employees24,000
Outstanding Shares131,200,000
Market Cap$6.24 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) announced its quarterly earnings data on Thursday, November, 15th. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.88 by $0.02. The industrial products company earned $2.05 billion during the quarter, compared to analysts' expectations 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 Wednesday, February 6th 2019. View Earnings Estimates for Berry Global Group.

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 earnings per share guidance of for the period.

What price target have analysts set for BERY?

9 analysts have issued 1 year target prices for Berry Global Group's stock. Their predictions range from $57.00 to $71.00. On average, they anticipate Berry Global Group's share price to reach $64.00 in the next twelve months. This suggests a possible upside of 32.6% 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. In the fourth quarter of fiscal 2018, the company’s earnings surpassed estimates by 2.3%. Revenues grew 9.2% year over year driven by growth in Consumer Packaging, and Health, Hygiene & Specialties sales and gains from acquired assets. For fiscal 2019, the company 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. However, escalating cost of goods sold on account of inflation in raw material prices and forex woes have been major concerns. Also, the company's attempts to make acquisitions and deploy capital for investments are adding to its aggregate debt level." (11/19/2018)
  • 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?

Media coverage about BERY stock has been trending very negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -3.8 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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 investors include Vanguard Group Inc. (8.71%), Vanguard Group Inc (8.71%), Canyon Capital Advisors LLC (6.58%), BlackRock Inc. (4.15%), TIAA CREF Investment Management LLC (3.90%) and Massachusetts Financial Services Co. MA (2.90%). 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 TIAA CREF Investment Management LLC, Vaughan Nelson Investment Management L.P., Marshall Wace North America L.P., Panagora Asset Management Inc., Alliancebernstein L.P., Capital Fund Management S.A., Bank of Montreal Can and Frontier Capital Management Co. LLC. View Insider Buying and Selling for Berry Global Group.

Which major investors are buying Berry Global Group stock?

BERY stock was purchased by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Marshall Wace LLP, Credit Suisse AG, Gluskin Sheff & Assoc Inc., Vanguard Group Inc, Vanguard Group Inc., Morgan Stanley and Massachusetts Financial Services Co. MA. 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 $48.25.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $6.24 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:  407 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  701
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 12/15/2018 by MarketBeat.com Staff

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