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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
NYSE:BERY

Berry Global Group - BERY Stock Forecast, Price & News

$55.96
-0.23 (-0.41%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$54.98
$56.21
50-Day Range
$51.02
$60.42
52-Week Range
$50.10
$74.73
Volume
1.16 million shs
Average Volume
1.04 million shs
Market Capitalization
$7.57 billion
P/E Ratio
10.01
Dividend Yield
N/A
Price Target
$73.56

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
31.4% Upside
$73.56 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.86
Upright™ Environmental Score
News Sentiment
0.44mentions of Berry Global Group in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.09%
From $7.37 to $8.04 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Industrial Products Sector

29th out of 182 stocks

Plastics Products, Not Elsewhere Classified Industry

3rd out of 10 stocks

BERY stock logo

About Berry Global Group (NYSE:BERY) Stock

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments. The Consumer Packaging International segment offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. The Consumer Packaging North America segment provides containers and pails, foodservice products, closures and overcaps, bottles and prescription vials, and tubes. The Engineered Materials segment offers stretch and shrink, converter, food and consumer, and agriculture films, as well as institutional can liners and retail bags. The Health, Hygiene & Specialties segment provides healthcare, hygiene, specialties, and tapes. Berry Global Group, Inc. sells its products through direct sales force of professionals and distributors in the United States, Canada, Europe, and internationally. 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 based in Evansville, Indiana.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Robert W. Baird decreased their price target on Berry Global Group from $83.00 to $73.00 in a research note on Friday, May 6th. Citigroup raised their price target on shares of Berry Global Group to $72.00 in a report on Tuesday. UBS Group reduced their price objective on shares of Berry Global Group from $78.00 to $73.00 in a research note on Wednesday, July 13th. Credit Suisse Group raised shares of Berry Global Group from a "neutral" rating to an "outperform" rating and set a $78.00 target price for the company in a research note on Wednesday, July 20th. Finally, StockNews.com raised shares of Berry Global Group from a "hold" rating to a "buy" rating in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $73.56.

Berry Global Group Stock Down 0.6 %

Shares of NYSE:BERY traded down $0.31 during trading on Tuesday, hitting $55.88. 14,410 shares of the company traded hands, compared to its average volume of 1,417,947. The firm has a market capitalization of $7.56 billion, a price-to-earnings ratio of 9.88, a P/E/G ratio of 0.75 and a beta of 1.19. The business's fifty day moving average is $55.50 and its 200 day moving average is $57.84. The company has a debt-to-equity ratio of 3.05, a quick ratio of 1.04 and a current ratio of 1.79. Berry Global Group has a fifty-two week low of $50.10 and a fifty-two week high of $74.73.

Berry Global Group (NYSE:BERY - Get Rating) last issued its earnings results on Wednesday, August 3rd. The industrial products company reported $2.03 EPS for the quarter, beating analysts' consensus estimates of $1.94 by $0.09. Berry Global Group had a return on equity of 29.95% and a net margin of 5.16%. The business had revenue of $3.73 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same period in the previous year, the company posted $1.53 EPS. Equities research analysts predict that Berry Global Group will post 7.37 earnings per share for the current fiscal year.

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BERY Stock News Headlines

Berry Global Group (NYSE:BERY) Lifted to Buy at StockNews.com
Berry Global Group (NYSE:BERY) PT Lowered to $69.00 at Mizuho
Berry Global Group (NYSE:BERY) PT Lowered to $70.00
Berry Global Group (NYSE:BERY) Trading Down 4.8%
Berry Global (BERY) Tops Q3 Earnings Estimates
7 Analysts Have This to Say About Berry Global Group
Berry Global Group: Buy or Sell?
See More Headlines
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BERY Company Calendar

Last Earnings
8/03/2022
Today
8/10/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/17/2022

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
47,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$73.56
High Stock Price Forecast
$79.00
Low Stock Price Forecast
$69.00
Forecasted Upside/Downside
+31.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$733 million
Pretax Margin
6.16%

Debt

Sales & Book Value

Annual Sales
$13.85 billion
Cash Flow
$13.89 per share
Book Value
$23.50 per share

Miscellaneous

Free Float
131,647,000
Market Cap
$7.57 billion
Optionable
Optionable
Beta
1.19














BERY Stock - Frequently Asked Questions

Should I buy or sell Berry Global Group stock right now?

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. The consensus among Wall Street 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 2022?

10 brokers have issued 1-year price targets for Berry Global Group's shares. Their BERY share price forecasts range from $69.00 to $79.00. On average, they predict the company's stock price to reach $73.56 in the next year. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for BERY
or view top-rated stocks among Wall Street analysts.

How has Berry Global Group's stock performed in 2022?

Berry Global Group's stock was trading at $73.78 at the start of the year. Since then, BERY stock has decreased by 24.2% and is now trading at $55.96.
View the best growth stocks for 2022 here
.

When is Berry Global Group's next earnings date?

Berry Global Group is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our BERY earnings forecast
.

How were Berry Global Group's earnings last quarter?

Berry Global Group, Inc. (NYSE:BERY) announced its earnings results on Wednesday, August, 3rd. The industrial products company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.09. The industrial products company earned $3.73 billion during the quarter, compared to analysts' expectations of $3.82 billion. Berry Global Group had a trailing twelve-month return on equity of 29.95% and a net margin of 5.16%. During the same period in the prior year, the company earned $1.53 EPS.

What guidance has Berry Global Group issued on next quarter's earnings?

Berry Global Group issued an update on its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of $7.40-$7.40 for the period, compared to the consensus earnings per share estimate of $7.24. 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 variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.85%), Fifth Third Bancorp (0.65%), Jarislowsky Fraser Ltd (0.46%), Thompson Siegel & Walmsley LLC (0.39%), Victory Capital Management Inc. (0.26%) and Spears Abacus Advisors LLC (0.26%). Insiders that own company stock include Carl J Rickertsen, Curt Begle, Jason K Greene, Mark W Miles 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 $55.96.

How much money does Berry Global Group make?

Berry Global Group (NYSE:BERY) has a market capitalization of $7.57 billion and generates $13.85 billion in revenue each year. The industrial products company earns $733 million in net income (profit) each year or $5.59 on an earnings per share basis.

How many employees does Berry Global Group have?

Berry Global Group employs 47,000 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 8/10/2022 by MarketBeat.com Staff

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