Berry Global Group - BERY Stock Forecast, Price & News

10 Wall Street equities research 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 equities research analysts is that investors should "buy" BERY shares.
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10 Wall Street analysts have issued 12-month target prices for Berry Global Group's shares. Their BERY share price forecasts range from $69.00 to $79.00. On average, they anticipate the company's stock price to reach $73.56 in the next year. This suggests a possible upside of 55.5% from the stock's current price.
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Berry Global Group's stock was trading at $73.78 on January 1st, 2022. Since then, BERY shares have decreased by 35.9% and is now trading at $47.30.
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Berry Global Group saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,720,000 shares, a decline of 9.9% from the August 31st total of 1,910,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is presently 1.6 days. Approximately 1.4% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
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Berry Global Group, Inc. (NYSE:BERY) released its earnings results on Wednesday, August, 3rd. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.94 by $0.09. The industrial products company earned $3.73 billion during the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $1.53 earnings per share.

Berry Global Group updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $7.40-$7.40 for the period, compared to the consensus EPS estimate of $7.24. The company issued revenue guidance of -.

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.

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).

Berry Global Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BERY."

Berry Global Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Turtle Creek Asset Management Inc. (4.82%), Ontario Teachers Pension Plan Board (2.73%), Massachusetts Financial Services Co. MA (2.54%), FMR LLC (2.38%), Canyon Capital Advisors LLC (2.04%) and Macquarie Group Ltd. (1.97%). Insiders that own company stock include Carl J Rickertsen, Curt Begle, Jason K Greene, Mark W Miles, Tom Salmon and William J Norman.
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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.
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One share of BERY stock can currently be purchased for approximately $47.30.

Berry Global Group (NYSE:BERY) has a market capitalization of $6.40 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.

The company employs 47,000 workers across the globe.

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.