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

$39.41
-0.51 (-1.28 %)
(As of 08/21/2019 03:42 AM ET)
Today's Range
$39.34
Now: $39.41
$39.91
50-Day Range
$39.04
MA: $48.59
$54.81
52-Week Range
$38.60
Now: $39.41
$59.16
Volume1.28 million shs
Average Volume1.56 million shs
Market Capitalization$5.21 billion
P/E Ratio11.69
Dividend YieldN/A
Beta1.17
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. Read More…

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$7.87 billion
Cash Flow$7.4924 per share
Book Value$10.88 per share

Profitability

Net Income$496 million

Miscellaneous

Employees24,000
Market Cap$5.21 billion
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable

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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 Tuesday, July, 30th. The industrial products company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.00 by $0.10. The industrial products company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $2.03 billion. Berry Global Group had a net margin of 3.89% and a return on equity of 30.65%. The company's revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter last year, the business earned $0.96 EPS. 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 Thursday, November 21st 2019. View Earnings Estimates for Berry Global Group.

What price target have analysts set for BERY?

7 analysts have issued 1 year price objectives for Berry Global Group's stock. Their predictions range from $57.00 to $69.00. On average, they expect Berry Global Group's stock price to reach $62.3333 in the next twelve months. This suggests a possible upside of 58.2% from the stock's current price. View Analyst Price Targets for Berry Global Group.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last year. There are currently 2 hold ratings and 5 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 six months, Berry Global's shares have outperformed the industry. We believe that the company is well placed to benefit from acquisitions it made over time. Clopay Plastic Products and Laddawn, both acquired in fiscal 2018, have been strengthening the company's operations. Also, the recently acquired RPC Group will enhance growth opportunities by creating a leader in the plastic and recycled packaging industry. To add, business restructuring initiatives will help the company offer better services to customers and enhance shareholders' value. However, it faces headwinds from rising costs, forex woes and huge debts. For fiscal 2019, Berry Global predicts interest expenses to be roughly $270 million, up from $259 million in fiscal 2018. In addition, the company's acquisitive nature adds to the integration risks." (7/8/2019)
  • 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)

Has Berry Global Group been receiving favorable news coverage?

Media headlines about BERY stock have trended positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Berry Global Group earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Berry Global Group.

Are investors shorting Berry Global Group?

Berry Global Group saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 2,763,000 shares, a decrease of 18.3% from the June 30th total of 3,381,100 shares. Based on an average trading volume of 1,530,000 shares, the short-interest ratio is currently 1.8 days. Currently, 2.1% of the company's shares are short sold. View Berry Global Group's Current Options Chain.

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

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 American Airlines Group (AAL), Alibaba Group (BABA), Cisco Systems (CSCO), BlackBerry (BB), General Electric (GE), Visa (V), 1-800-Flowers.Com (FLWS), Bristol-Myers Squibb (BMY), Discover Financial Services (DFS) and Walt Disney (DIS).

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 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

Who are Berry Global Group's major shareholders?

Berry Global Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Eminence Capital LP (9.30%), Vanguard Group Inc. (9.01%), Nuveen Asset Management LLC (4.71%), Canyon Capital Advisors LLC (4.38%), BlackRock Inc. (4.26%) and Marshall Wace North America L.P. (3.26%). Company insiders that own Berry Global Group stock include Curt Begle, Jason K Greene, 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 Viking Global Investors LP, Morgan Stanley, JPMorgan Chase & Co., Renaissance Technologies LLC, Bank of Montreal Can, Anchor Bolt Capital LP, Prudential PLC and Luminus Management LLC. View Insider Buying and Selling 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 Nuveen Asset Management LLC, Eminence Capital LP, Marshall Wace North America L.P., Southpoint Capital Advisors LP, Canyon Capital Advisors LLC, Two Creeks Capital Management LP, Man Group plc and King Street Capital Management L.P.. 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 $39.41.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $5.21 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.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:  2.9 out of 5 (star star)
Outperform Votes:  439 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  769
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 8/21/2019 by MarketBeat.com Staff

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