NYSE:BERY Berry Global Group - BERY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Berry Global Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $56.86 +0.60 (+1.07%) (As of 03/27/2023 01:15 PM ET) Add Compare Share Share Today's Range$56.57▼$57.2450-Day Range$54.37▼$65.3952-Week Range$44.52▼$66.21Volume300,840 shsAverage Volume929,770 shsMarket Capitalization$6.90 billionP/E Ratio9.84Dividend Yield1.76%Price Target$71.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Berry Global Group MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside26.5% Upside$71.75 Price TargetShort InterestHealthy1.96% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment1.35Based on 8 Articles This WeekInsider TradingSelling Shares$2.32 M Sold Last QuarterProj. Earnings Growth11.44%From $7.43 to $8.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.31 out of 5 starsIndustrial Products Sector5th out of 179 stocksPlastics Products, Not Elsewhere Classified Industry1st out of 11 stocks 4.3 Analyst's Opinion Consensus RatingBerry Global Group has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.75, Berry Global Group has a forecasted upside of 26.5% from its current price of $56.72.Amount of Analyst CoverageBerry Global Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.96% of the float of Berry Global Group has been sold short.Short Interest Ratio / Days to CoverBerry Global Group has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berry Global Group has recently decreased by 0.84%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldBerry Global Group pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerry Global Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Berry Global Group is 17.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Berry Global Group will have a dividend payout ratio of 12.08% next year. This indicates that Berry Global Group will be able to sustain or increase its dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerry Global Group has received a -58.73% net impact score from Upright. The largest negative impact of Berry Global in category "GHG emissions" seems to be driven mostly by its "Adhesive sealants", "Plastic consumer electronics packages", "Plastic lids", "Plastic garments packages", "Plastic tubes", and "Plastic cosmetics packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Berry Global Group is -3.74. Previous Next 3.0 News and Social Media Coverage News SentimentBerry Global Group has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Berry Global Group this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for BERY on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Berry Global Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berry Global Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,324,706.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Berry Global Group is held by insiders.Percentage Held by Institutions94.02% of the stock of Berry Global Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berry Global Group are expected to grow by 11.44% in the coming year, from $7.43 to $8.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berry Global Group is 9.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Berry Global Group is 9.81, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 13.87.Price to Earnings Growth RatioBerry Global Group has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBerry Global Group has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Berry Global Group (NYSE:BERY) StockBerry 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.Read More Receive BERY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Berry Global Group and its competitors with MarketBeat's FREE daily newsletter. Email Address BERY Stock News HeadlinesMarch 23, 2023 | finance.yahoo.comBerry Performs in Top 50 in World Benchmarking Alliance’s 2022 Nature BenchmarkMarch 22, 2023 | finance.yahoo.comBerry Global, Inc. Announces Extension of Early Tender Deadline for its 0.95% First Priority Senior Secured Notes due 2024March 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 21, 2023 | seekingalpha.comBERY Berry Global Group, Inc.March 21, 2023 | finance.yahoo.com2022 Impact Report Highlights How Berry Global Drives Meaningful ESG ProgressMarch 18, 2023 | americanbankingnews.comBerry Global Group (NYSE:BERY) Now Covered by StockNews.comMarch 15, 2023 | finance.yahoo.comBerry Launches New Building Wrap for Bulk Water Drainage and High-Performance Weather ProtectionMarch 10, 2023 | msn.comVanguard Group Now Owns 10.03% of Berry Plastics Group (BERY)March 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 8, 2023 | finance.yahoo.comBerry Global, Inc. Announces Tender Offer for Certain Outstanding 0.95% First Priority Senior Secured Notes Due 2024February 23, 2023 | finance.yahoo.comThe Returns At Berry Global Group (NYSE:BERY) Aren't GrowingFebruary 21, 2023 | finance.yahoo.comBerry Global Recognized by Forbes as One of America’s Best Large EmployersFebruary 15, 2023 | finance.yahoo.comBerry Appoints New VP of Global Diversity and Inclusion to Develop Leading D&I StrategyFebruary 9, 2023 | benzinga.comBerry Global Gr Stock (NYSE:BERY), Quotes and News SummaryFebruary 7, 2023 | finance.yahoo.comBerry Global Launches Berry Global Tooling Services, Strengthening its Global Tooling OperationsFebruary 6, 2023 | seekingalpha.comBerry Global: Worth A Look For Dividend Growth And AppreciationFebruary 6, 2023 | markets.businessinsider.comBerry Global Group (BERY) Receives a Hold from BarclaysFebruary 3, 2023 | msn.comLooking Into Berry Global Group's Return On Capital EmployedFebruary 3, 2023 | finance.yahoo.comBerry Global (BERY) Q1 Earnings Beat, Revenues Down 14%February 2, 2023 | barrons.comBerry Global CEO Tom Salmon to Retire at Year-End 2023February 1, 2023 | msn.comA Preview Of Berry Global Group's EarningsFebruary 1, 2023 | msn.comBerry Global Group declares $0.25 dividendJanuary 31, 2023 | finance.yahoo.comBerry Declares Quarterly DividendJanuary 30, 2023 | finance.yahoo.comBerry to Support Asia’s Growing Healthcare Market with New Facility, Center of Excellence in Bangalore, IndiaJanuary 26, 2023 | finance.yahoo.comWill Berry Global (BERY) Beat Estimates Again in Its Next Earnings Report?January 26, 2023 | finance.yahoo.comBerry, Coca-Cola Collaborate to implement Tethered caps in EU marketsJanuary 13, 2023 | finance.yahoo.comBerry Global Group, Inc. to Release First Fiscal Quarter 2023 Results on February 2, 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BERY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Berry Global Group and its competitors with MarketBeat's FREE daily newsletter. Email Address BERY Company Calendar Last Earnings2/02/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/27/2023Next Earnings (Estimated)5/04/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics products, not elsewhere classified Sub-IndustryMetal & Glass Containers SectorIndustrial Products Current SymbolNYSE:BERY CUSIP08579W10 CIK1378992 Webwww.berryglobal.com Phone(812) 424-2904Fax812-424-0128Employees46,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$71.75 High Stock Price Forecast$81.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+27.5%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.78 Trailing P/E Ratio9.73 Forward P/E Ratio7.57 P/E Growth0.76Net Income$766 million Net Margins5.37% Pretax Margin6.54% Return on Equity30.05% Return on Assets5.71% Debt Debt-to-Equity Ratio2.84 Current Ratio1.98 Quick Ratio1.14 Sales & Book Value Annual Sales$14.50 billion Price / Sales0.47 Cash Flow$13.30 per share Price / Cash Flow4.23 Book Value$23.62 per share Price / Book2.38Miscellaneous Outstanding Shares121,400,000Free Float117,394,000Market Cap$6.83 billion OptionableOptionable Beta1.17 Key ExecutivesThomas Edward SalmonChairman & Chief Executive OfficerRodgers GreenawaltExecutive Vice President-OperationsMark William MilesChief Financial Officer & TreasurerDebbie GarrisonChief Information Officer & Executive VPTarun ManroaChief Strategy Officer & Executive Vice PresidentKey CompetitorsAptarGroupNYSE:ATRPlug PowerNASDAQ:PLUGAlcoaNYSE:AAValmont IndustriesNYSE:VMIADTNYSE:ADTView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 21,167 shares on 3/10/2023Ownership: 0.278%Mark W MilesSold 37,942 sharesTotal: $2.32 M ($61.27/share)Rockefeller Capital Management L.P.Sold 7,393 shares on 3/6/2023Ownership: 0.009%Oliver Lagore Vanvalin Investment GroupBought 404 shares on 3/2/2023Ownership: 0.003%Voya Investment Management LLCSold 181 shares on 2/28/2023Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions 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 year. 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 twelve-month target prices for Berry Global Group's stock. Their BERY share price forecasts range from $60.00 to $81.00. On average, they predict the company's stock price to reach $71.75 in the next year. This suggests a possible upside of 25.4% 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 start of the year. Since then, BERY shares have decreased by 5.3% and is now trading at $57.21. View the best growth stocks for 2023 here. When is Berry Global Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our BERY earnings forecast. How were Berry Global Group's earnings last quarter? Berry Global Group, Inc. (NYSE:BERY) issued its quarterly earnings data on Thursday, February, 2nd. The industrial products company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.03. The industrial products company earned $3.06 billion during the quarter, compared to analyst estimates of $3.34 billion. Berry Global Group had a net margin of 5.37% and a trailing twelve-month return on equity of 30.05%. Berry Global Group's revenue for the quarter was down 14.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.25 EPS. 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, January 31st. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.25 per share on Wednesday, March 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Tuesday, February 28th. Read our dividend analysis for BERY. What ETFs hold Berry Global Group's stock? ETFs with the largest weight of Berry Global Group (NYSE:BERY) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), Burney U.S. Factor Rotation ETF (BRNY), VanEck Future of Food ETF (YUMY), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), WisdomTree U.S. Quality Shareholder Yield Fund (QSY), WisdomTree U.S. Value Fund (WTV), Vanguard Materials Index Fund (VAW) and SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV). 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 1.78%. The dividend payout ratio is 17.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 12.08% 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 updated its FY 2023 earnings guidance on Friday, February, 3rd. The company provided earnings per share guidance of $7.30-$7.80 for the period, compared to the consensus earnings per share estimate of $7.52. 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 retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (11.46%), Fuller & Thaler Asset Management Inc. (3.74%), LSV Asset Management (3.58%), Macquarie Group Ltd. (2.10%), Eminence Capital LP (1.95%) and Alliancebernstein L.P. (1.80%). 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 $57.21. How much money does Berry Global Group make? Berry Global Group (NYSE:BERY) has a market capitalization of $6.95 billion and generates $14.50 billion in revenue each year. The industrial products company earns $766 million in net income (profit) each year or $5.78 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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