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Berry Global Group (BERY)
NYSE:BERY
Berry Global Group (BERY) Stock Price & Analysis
378 Followers
BERY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$53.43 - $69.60
Previous Close$59.83
Volume1.45M
Average Volume (3M)1.11M
Market Cap
$6.84B
Enterprise Value$15.59B
Total Cash (Recent Filing)$494.00M
Total Debt (Recent Filing)$9.23B
Price to Earnings (P/E)14.2
Beta1.19
Next Earnings
Aug 02, 2024EPS Estimate
$2.07Next Dividend Ex-Date
Jun 03, 2024Dividend Yield1.75%
Share Statistics
EPS (TTM)4.21
Shares Outstanding114,400,000
10 Day Avg. Volume1,295,049
30 Day Avg. Volume1,111,095
Standard Deviation0.09
R-Squared0.49
Alpha-0.00873
Financial Highlights & Ratios
Price to Book (P/B)-2.09
Price to Sales (P/S)2.26
Price to Cash Flow (P/CF)8.60
P/FCF Ratio35.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit6.75
Enterprise Value/Ebitda11.29
Forecast
1Y Price Target
$70.13Price Target Upside15.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Berry Global Group News
PremiumCompany Announcements
Berry Global Strategic Financial Moves and Tender Offer
Bulls Say, Bears Say
Bulls Say
Divestitures And Earnings OutlookManagement is confident in delivering low single-digit percentage volumes in the second half of the year with new business wins.
Financial PerformanceBerry Global Group's focus on portfolio optimization and productivity improvements are viewed as long-term positives.
Strategic InitiativesNew CEO actively optimizing the portfolio for growth and implementing a lean transformation to unlock value.
Bears Say
Financial StabilityBerry Global's balance sheet shows higher-than-sector-average leverage, which raises concerns about financial stability.
Investment RatingGiven the view that a second inflation pulse is taking hold led by crude oil, the investment rating on Berry Global has been lowered.
Market DemandConsumer Packaging and Flexibles segments experienced lower volume, indicating soft market demand.
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Ownership Overview
1.25% Insiders
26.78% Mutual Funds
64.07% Other Institutional Investors
7.90% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BERY FAQ
What was Berry Global Group’s price range in the past 12 months?
Berry Global Group lowest stock price was $53.43 and its highest was $69.60 in the past 12 months.
What is Berry Global Group’s market cap?
Currently, no data Available
When is Berry Global Group’s upcoming earnings report date?
Berry Global Group’s upcoming earnings report date is Aug 02, 2024 which is in 77 days.
How were Berry Global Group’s earnings last quarter?
Berry Global Group released its earnings results on May 09, 2024. The company reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.906 by $0.044.
Is Berry Global Group overvalued?
According to Wall Street analysts Berry Global Group’s price is currently Undervalued.
Does Berry Global Group pay dividends?
Berry Global Group pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 1.75%. See more information on Berry Global Group dividends here
What is Berry Global Group’s EPS estimate?
Berry Global Group’s EPS estimate is $2.07.
How many shares outstanding does Berry Global Group have?
Berry Global Group has 114,400,000 shares outstanding.
What happened to Berry Global Group’s price movement after its last earnings report?
Berry Global Group reported an EPS of $1.95 in its last earnings report, beating expectations of $1.906. Following the earnings report the stock price went down -2.432%.
Which hedge fund is a major shareholder of Berry Global Group?
Among the largest hedge funds holding Berry Global Group’s share is EdgePoint Investment Group Inc.. It holds Berry Global Group’s shares valued at 783M.
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Berry Global Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$70.13 (15.54% Upside)
$70.13 (15.54% Upside)
Blogger Sentiment
Bullish
BERY Sentiment 88%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.39%
12-Months-Change
Fundamentals
Return on Equity
15.30%
Trailing 12-Months
Asset Growth
-3.80%
Trailing 12-Months
Company Description
Berry Global Group
Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Health, Hygiene & Specialties, and Engineered Materials. The Consumer Packaging International segment consists of containers, closures, dispensing systems, pharmaceutical devices and packaging, polythene films, and technical components. The Consumer Packaging North America segment consists of containers, foodservice items, closures, over caps, bottles, prescription vials, and tubes. The Engineered Materials segment consists of tapes and adhesives, polyethylene-based film products, can liners, and specialty coated and laminated products. The Health, Hygiene & Specialties segment consists of nonwoven specialty materials and films used in hygiene, infection prevention, personal care, industrial, construction, and filtration applications. The company was founded on November 18, 2005 and is headquartered in Evansville, IN.
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BERY Company Deck
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BERY Earnings Call
Q2 2024
0:00 / 0:00
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BERY Stock 12 Month Forecast
Average Price Target
$70.13
▲(15.54% Upside)
Technical Analysis
Best Analysts Covering BERY
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+13.16%
reiterated a buy rating 5 months ago
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