S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
2 Long-Term EV Plays Trading Under $20
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
2 Long-Term EV Plays Trading Under $20
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
2 Long-Term EV Plays Trading Under $20
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
How High Can Copper Go? (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
2 Long-Term EV Plays Trading Under $20
Could Biden's Executive Order 14017 Trigger A BULL RUN For This Little-Known Industry? (Ad)
NYSE:BERY

Berry Global Group - BERY Stock Forecast, Price & News

$61.22
+0.78 (+1.29%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$60.02
$61.50
50-Day Range
$51.02
$61.22
52-Week Range
$50.10
$74.73
Volume
880,700 shs
Average Volume
1.54 million shs
Market Capitalization
$8.28 billion
P/E Ratio
10.95
Dividend Yield
N/A
Price Target
$73.56

Berry Global Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
20.1% Upside
$73.56 Price Target
Short Interest
Healthy
1.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.86
Upright™ Environmental Score
News Sentiment
0.37mentions of Berry Global Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.81%
From $7.38 to $8.03 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Industrial Products Sector

51st out of 189 stocks

Plastics Products, Not Elsewhere Classified Industry

5th out of 12 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.

Berry Global Group Stock Up 1.3 %

BERY Stock traded up $0.78 during trading on Tuesday, hitting $61.22. 880,700 shares of the company's stock traded hands, compared to its average volume of 1,036,617. The firm has a market capitalization of $8.28 billion, a P/E ratio of 10.81, a PEG ratio of 0.81 and a beta of 1.19. The business has a fifty day simple moving average of $55.47 and a two-hundred day simple moving average of $57.54. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 3.05. Berry Global Group has a 1 year low of $50.10 and a 1 year high of $74.73.

Berry Global Group (NYSE:BERY - Get Rating) last issued its quarterly earnings data on Wednesday, August 3rd. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.09. The company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.82 billion. Berry Global Group had a net margin of 5.16% and a return on equity of 29.95%. During the same period last year, the company posted $1.53 earnings per share. Sell-side analysts anticipate that Berry Global Group will post 7.38 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on BERY. Citigroup increased their price objective on shares of Berry Global Group to $72.00 in a report on Tuesday, August 9th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Berry Global Group from $71.00 to $69.00 in a report on Monday, May 9th. StockNews.com raised shares of Berry Global Group from a "hold" rating to a "buy" rating in a report on Friday, August 5th. Credit Suisse Group raised shares of Berry Global Group from a "neutral" rating to an "outperform" rating and set a $78.00 price target for the company in a report on Wednesday, July 20th. Finally, Mizuho lowered their price target on shares of Berry Global Group from $70.00 to $69.00 and set a "neutral" rating for the company in a report on Thursday, August 4th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $73.56.

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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
8/16/2022
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
+20.1%
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
$13.85 per share
Book Value
$22.98 per share

Miscellaneous

Free Float
131,647,000
Market Cap
$8.28 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 twelve months. 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 analysts 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 expect the company's stock price to reach $73.56 in the next twelve months. This suggests a possible upside of 20.1% 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 2022?

Berry Global Group's stock was trading at $73.78 on January 1st, 2022. Since then, BERY stock has decreased by 17.0% and is now trading at $61.22.
View the best growth stocks for 2022 here
.

Are investors shorting Berry Global Group?

Berry Global Group saw a decline in short interest in July. As of July 31st, there was short interest totaling 2,460,000 shares, a decline of 15.5% from the July 15th total of 2,910,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.9% of the shares of the stock 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, November 17th 2022.
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 Wednesday, August, 3rd. The industrial products company reported $2.03 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 analysts' expectations of $3.82 billion. Berry Global Group had a net margin of 5.16% and a trailing twelve-month return on equity of 29.95%. During the same quarter in the prior year, the firm posted $1.53 earnings per share.

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, 10th. The company provided EPS guidance of $7.40-$7.40 for the period, compared to the consensus 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 institutional and retail investors. Top institutional investors 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 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 $61.22.

How much money does Berry Global Group make?

Berry Global Group (NYSE:BERY) has a market capitalization of $8.28 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?

The company 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 8/17/2022 by MarketBeat.com Staff

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