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. $64.30 -1.09 (-1.67%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$63.79▼$65.0050-Day Range$56.61▼$65.3952-Week Range$44.52▼$66.21Volume1.49 million shsAverage Volume944,135 shsMarket Capitalization$7.83 billionP/E Ratio11.09Dividend Yield1.62%Price Target$68.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Berry Global Group MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside8.6% Upside$69.83 Price TargetShort InterestHealthy2.51% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment0.62Based on 21 Articles This WeekInsider TradingSelling Shares$620,000 Sold Last QuarterProj. Earnings Growth8.92%From $7.51 to $8.18 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.2.63 out of 5 starsIndustrial Products Sector10th out of 175 stocksPlastics Products, Not Elsewhere Classified Industry1st out of 11 stocks 2.3 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 $69.83, Berry Global Group has a forecasted upside of 8.6% from its current price of $64.30.Amount of Analyst CoverageBerry Global Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.51% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berry Global Group has recently increased by 24.49%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldBerry Global Group pays a meaningful dividend of 1.62%, 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 17.24%. 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 12.22% 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 3.1 News and Social Media Coverage News SentimentBerry Global Group has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Berry Global Group this week, compared to 2 articles on an average week.Search Interest5 people have searched for BERY on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows6 people have added Berry Global Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $620,000.00 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 8.92% in the coming year, from $7.51 to $8.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berry Global Group is 11.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Berry Global Group is 11.09, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.46.Price to Earnings Growth RatioBerry Global Group has a PEG Ratio of 0.82. 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 2.72. 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 HeadlinesFebruary 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 3, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...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 | americanbankingnews.comBerry Global Group (BERY) to Release Earnings on ThursdayFebruary 1, 2023 | msn.comBerry Global Group declares $0.25 dividendJanuary 31, 2023 | finance.yahoo.comBerry Declares Quarterly DividendFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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(NYSE:BERY) Now?December 28, 2022 | finance.yahoo.comAn Intrinsic Calculation For Berry Global Group, Inc. (NYSE:BERY) Suggests It's 38% UndervaluedDecember 15, 2022 | finance.yahoo.comWhy Is Berry Global (BERY) Up 15.6% Since Last Earnings Report?December 15, 2022 | finance.yahoo.comBerry Global Recognized by Newsweek as One of America’s Most Responsible CompaniesDecember 14, 2022 | finance.yahoo.comHere's Why We Think Berry Global Group (NYSE:BERY) Might Deserve Your Attention TodayDecember 13, 2022 | finance.yahoo.comWhat Makes Berry Global Group (BERY) an Attractive Investment?December 13, 2022 | finance.yahoo.comBerry Global Group Stock Showing Improved Relative StrengthDecember 13, 2022 | seekingalpha.comBonhoeffer Capital - Berry Global: 31% IRR Likely Over Next Five YearsDecember 13, 2022 | seekingalpha.comBerry Global Group: Challenges Ahead - Still A Cash Flow MonsterDecember 8, 2022 | finance.yahoo.comIs Berry Global Group (BERY) a Great Stock to Invest in?November 30, 2022 | finance.yahoo.comBerry Global Group (NYSE:BERY) shareholders have earned a 7.2% CAGR over the last three yearsNovember 28, 2022 | realmoney.thestreet.comThere's Still Time to Get on Board with Berry Global GroupNovember 23, 2022 | seekingalpha.comBerry Global gains after adding board members, agreement with activist investorsNovember 23, 2022 | markets.businessinsider.comBerry Global Appoints Three New Directors - Quick FactsSee 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 Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Last Earnings2/02/2023Today2/03/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Next 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$69.83 High Stock Price Forecast$75.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+6.5%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.80 Trailing P/E Ratio11.09 Forward P/E Ratio8.56 P/E Growth0.82Net Income$766 million Net Margins5.28% Pretax Margin6.44% Return on Equity30.32% Return on Assets5.70% Debt Debt-to-Equity Ratio2.89 Current Ratio1.82 Quick Ratio1.18 Sales & Book Value Annual Sales$14.50 billion Price / Sales0.54 Cash Flow$13.89 per share Price / Cash Flow4.63 Book Value$23.62 per share Price / Book2.72Miscellaneous Outstanding Shares121,820,000Free Float117,801,000Market Cap$7.83 billion OptionableOptionable Beta1.19 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:ATRDonaldsonNYSE:DCIGraphic PackagingNYSE:GPKSealed AirNYSE:SEERBC BearingsNYSE:RBCView All CompetitorsInsiders & InstitutionsGMT Capital CorpBought 65,100 shares on 2/3/2023Ownership: 1.428%W.G. Shaheen & Associates DBA Whitney & CoBought 282 shares on 2/3/2023Ownership: 0.134%Fiducient Advisors LLCBought 7,983 shares on 2/3/2023Ownership: 0.007%U.S. Capital Wealth Advisors LLCBought 1,300 shares on 2/3/2023Ownership: 0.001%Simplicity Solutions LLCBought 2,643 shares on 2/2/2023Ownership: 0.009%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 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 targets for Berry Global Group's stock. Their BERY share price forecasts range from $60.00 to $75.00. On average, they predict the company's stock price to reach $69.83 in the next twelve months. This suggests a possible upside of 8.2% 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 2023. Since then, BERY stock has increased by 6.8% and is now trading at $64.52. View the best growth stocks for 2023 here. Are investors shorting Berry Global Group? Berry Global Group saw a increase in short interest during 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 volume of 940,700 shares, the short-interest ratio is presently 2.6 days. Currently, 2.0% of the shares of the company are sold short. 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, May 4th 2023. View our BERY earnings forecast. How were Berry Global Group's earnings last quarter? Berry Global Group, Inc. (NYSE:BERY) posted its quarterly earnings results on Thursday, February, 2nd. The industrial products company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.03. The industrial products company had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.34 billion. Berry Global Group had a trailing twelve-month return on equity of 30.32% and a net margin of 5.28%. Berry Global Group's quarterly revenue was down 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 earnings per share. 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 yield of 1.55%. The ex-dividend date is Tuesday, February 28th. 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 1.62%. 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 updated its FY 2023 earnings guidance on Friday, February, 3rd. The company provided EPS guidance of $7.30-$7.80 for the period, compared to the consensus 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 variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.98%), Fifth Third Bancorp (0.60%), New York State Common Retirement Fund (0.29%), Assenagon Asset Management S.A. (0.26%), Leeward Investments LLC MA (0.21%) and National Bank of Canada FI (0.09%). 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 $64.52. How much money does Berry Global Group make? Berry Global Group (NYSE:BERY) has a market capitalization of $7.86 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 2/3/2023 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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