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

$34.35
-1.43 (-4.00 %)
(As of 03/29/2020 10:56 AM ET)
Today's Range
$32.24
Now: $34.35
$34.74
50-Day Range
$26.99
MA: $36.76
$44.24
52-Week Range
$25.00
Now: $34.35
$59.16
Volume3.66 million shs
Average Volume2.69 million shs
Market Capitalization$4.55 billion
P/E Ratio12.72
Dividend YieldN/A
Beta1.39
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.
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Berry Global Group logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.88 billion
Cash Flow$7.79 per share
Book Value$12.25 per share

Profitability

Net Income$404 million

Miscellaneous

Employees48,000
Market Cap$4.55 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Berry Global Group (NYSE:BERY) Frequently Asked Questions

How has Berry Global Group's stock been impacted by COVID-19 (Coronavirus)?

Berry Global Group's stock was trading at $30.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BERY stock has increased by 11.8% and is now trading at $34.35. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Berry Global Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Berry Global Group.

When is Berry Global Group's next earnings date?

Berry Global Group is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Berry Global Group.

How were Berry Global Group's earnings last quarter?

Berry Global Group Inc (NYSE:BERY) announced its quarterly earnings results on Friday, January, 31st. The industrial products company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.54 by $0.02. The industrial products company earned $2.82 billion during the quarter, compared to analysts' expectations of $2.90 billion. Berry Global Group had a net margin of 3.73% and a return on equity of 26.56%. The business's revenue was up 42.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.77 earnings per share. View Berry Global Group's earnings history.

What price target have analysts set for BERY?

10 brokerages have issued 12-month price targets for Berry Global Group's shares. Their forecasts range from $32.00 to $65.00. On average, they expect Berry Global Group's share price to reach $52.67 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price. View analysts' price targets for Berry Global Group.

Has Berry Global Group been receiving favorable news coverage?

Media headlines about BERY stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Berry Global Group earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutBerry Global Group.

Are investors shorting Berry Global Group?

Berry Global Group saw a increase in short interest in March. As of March 13th, there was short interest totaling 7,326,100 shares, an increase of 22.9% from the February 27th total of 5,960,000 shares. Based on an average daily trading volume, of 1,580,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 5.6% of the company's stock are short sold. View Berry Global Group's Current Options Chain.

Who are some of Berry Global Group's key competitors?

Some companies that are related to Berry Global Group include Ball (BLL), Crown (CCK), AptarGroup (ATR), Silgan (SLGN), Greif (GEF), Owens-Illinois (OI) and Myers Industries (MYE).

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 Alibaba Group (BABA), Home Depot (HD), American Airlines Group (AAL), BlackBerry (BB), AT&T (T), Weyerhaeuser (WY), Baidu (BIDU), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY) and Walt Disney (DIS).

Who are Berry Global Group's key executives?

Berry Global Group's management team includes the following people:
  • Mr. Thomas E. Salmon, CEO & Chairman (Age 56)
  • Mr. Mark W. Miles, CFO & Treasurer (Age 48)
  • Mr. Curtis L. Begle, Pres of Health, Hygiene & Specialties (Age 44)
  • Mr. Jean-Marc Galvez, Pres of Consumer Packaging Division (Age 52)
  • Mr. Rodgers Greenawalt, Exec. VP of Operations

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 variety of institutional and retail investors. Top institutional shareholders include Canyon Capital Advisors LLC (5.83%), Turtle Creek Asset Management Inc. (4.26%), Marshall Wace North America L.P. (4.16%), Nuveen Asset Management LLC (3.54%), CI Investments Inc. (2.20%) and Macquarie Group Ltd. (1.97%). 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 Nuveen Asset Management LLC, AQR Capital Management LLC, Alliancebernstein L.P., Man Group plc, Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., and Barclays PLC. View insider buying and selling activity for Berry Global Group.

Which major investors are buying Berry Global Group stock?

BERY stock was bought by a variety of institutional investors in the last quarter, including CI Investments Inc., Norges Bank, Marshall Wace North America L.P., Bank of America Corp DE, Canyon Capital Advisors LLC, FMR LLC, Macquarie Group Ltd., and Macquarie Group Ltd.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Berry Global Group's stock price today?

One share of BERY stock can currently be purchased for approximately $34.35.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $4.55 billion and generates $8.88 billion in revenue each year. The industrial products company earns $404 million in net income (profit) each year or $3.41 on an earnings per share basis. Berry Global Group employs 48,000 workers across the globe. View additional information about Berry Global Group.

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, 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:  2.8 out of 5 (star star)
Outperform Votes:  469 (Vote Outperform)
Underperform Votes:  376 (Vote Underperform)
Total Votes:  845
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 3/29/2020 by MarketBeat.com Staff

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