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

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$42.89 -1.34 (-3.03 %)
(As of 10/19/2018 05:02 AM ET)
Previous Close$44.23
Today's Range$42.72 - $44.13
52-Week Range$42.38 - $61.71
Volume1.48 million shs
Average Volume1.32 million shs
Market Capitalization$5.83 billion
P/E Ratio13.24
Dividend YieldN/A
Beta1.12
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
SymbolNYSE:BERY
CUSIP08579W10
Phone812-424-2904

Debt

Debt-to-Equity Ratio4.41
Current Ratio2.01
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio13.24
Forward P/E Ratio12.80
P/E Growth0.58

Sales & Book Value

Annual Sales$7.10 billion
Price / Sales0.80
Cash Flow$6.9066 per share
Price / Cash6.21
Book Value$7.78 per share
Price / Book5.51

Profitability

EPS (Most Recent Fiscal Year)$3.07
Net Income$340 million
Net Margins6.15%
Return on Equity35.88%
Return on Assets4.95%

Miscellaneous

Employees23,000
Outstanding Shares131,800,000
Market Cap$5.83 billion

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) issued its quarterly earnings results on Friday, August, 3rd. The industrial products company reported $0.96 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.05 by $0.09. The industrial products company earned $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Berry Global Group had a return on equity of 35.88% and a net margin of 6.15%. The firm's revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 earnings per share. 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 15th 2018. View Earnings Estimates for Berry Global Group.

What price target have analysts set for BERY?

13 brokers have issued 1-year price targets for Berry Global Group's shares. Their predictions range from $57.00 to $71.00. On average, they expect Berry Global Group's stock price to reach $66.1818 in the next twelve months. This suggests a possible upside of 54.3% from the stock's current price. View Analyst Price Targets for Berry Global Group.

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

13 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 12 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 underperformed the industry. Escalating cost of sales on account of higher transportation expenses and input price inflation might continue to weigh over the company’s margins in the quarters ahead. Also, rising debt level also remains a major cause of worry for the company. Zacks Consensus Estimate for Berry Global’s earnings in fiscal 2019 has moved south over the past 60 days. However, Adchem and Clopay Plastic Products’ buyouts are expected to boost up Berry Global’s revenues and profitability in the upcoming quarters. Moreover, ongoing multi-layer film and protection solution investments will likely prove beneficial going forward." (10/8/2018)
  • 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)

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 variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.72%), Advisors Capital Management LLC (0.05%), Oakbrook Investments LLC (0.01%), Nisa Investment Advisors LLC (0.00%) and First Hawaiian Bank (0.00%). 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 institutional investors are selling Berry Global Group stock?

BERY stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have sold Berry Global Group company stock in the last year include Curt Begle and Mark W Miles. View Insider Buying and Selling for Berry Global Group.

Which institutional investors are buying Berry Global Group stock?

BERY stock was purchased by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC, Advisors Capital Management LLC, Nisa Investment Advisors LLC and First Hawaiian Bank. 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 $42.89.

How big of a company is Berry Global Group?

Berry Global Group has a market capitalization of $5.83 billion and generates $7.10 billion in revenue each year. The industrial products company earns $340 million in net income (profit) each year or $3.07 on an earnings per share basis. Berry Global Group employs 23,000 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:  400 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  681
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 10/19/2018 by MarketBeat.com Staff

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