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Lots of sound and fury on US debt, but not a crisis — yet
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Online system to seek asylum in US is quickly overwhelmed
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy's premier visits Libya for talks on energy, migration
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
NYSE:BERY

Berry Global Group - BERY Stock Forecast, Price & News

$59.88
+0.57 (+0.96%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$58.86
$60.23
50-Day Range
$54.17
$61.79
52-Week Range
$44.52
$67.65
Volume
598,558 shs
Average Volume
732,307 shs
Market Capitalization
$7.29 billion
P/E Ratio
10.32
Dividend Yield
1.69%
Price Target
$68.50

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
14.4% Upside
$68.50 Price Target
Short Interest
Healthy
2.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.63mentions of Berry Global Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$620,000 Sold Last Quarter
Proj. Earnings Growth
8.92%
From $7.51 to $8.18 Per Share

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 stars

Industrial Products Sector

7th out of 183 stocks

Plastics Products, Not Elsewhere Classified Industry

1st out of 11 stocks


BERY stock logo

About Berry Global Group (NYSE:BERY) Stock

Berry 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.

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BERY Stock News Headlines

The Next Big Crisis Is Here
You 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.
The Next Big Crisis Is Here
You 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.
Is Berry Global Group (BERY) a Great Stock to Invest in?
There's Still Time to Get on Board with Berry Global Group
Berry Global Appoints Three New Directors - Quick Facts
KeyBanc Keeps Their Hold Rating on Berry Global Group (BERY)
Terex (TEX) Q3 Earnings and Revenues Surpass Estimates
See More Headlines
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BERY Company Calendar

Last Earnings
11/15/2022
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
1/29/2023
Next Earnings (Confirmed)
2/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
46,000
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$766 million
Pretax Margin
6.44%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$13.46 per share
Book Value
$23.62 per share

Miscellaneous

Free Float
117,801,000
Market Cap
$7.29 billion
Optionable
Optionable
Beta
1.19

Key Executives

  • Thomas Edward Salmon
    Chairman & Chief Executive Officer
  • Rodgers Greenawalt
    Executive Vice President-Operations
  • Mark William Miles
    Chief Financial Officer & Treasurer
  • Debbie Garrison
    Chief Information Officer & Executive VP
  • Tarun Manroa
    Chief Strategy Officer & Executive Vice President













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