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Berry Global Group (BERY)
NYSE:BERY
Holding BERY?
Track your performance easily
BERY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.06 - $70.91
Previous Close$70.73
Volume706.33K
Average Volume (3M)751.66K
Market Cap
$8.11B
Enterprise Value$16.81B
Total Cash (Recent Filing)$509.00M
Total Debt (Recent Filing)$9.21B
Price to Earnings (P/E)14.9
Beta0.97
Next Earnings
Nov 14, 2024EPS Estimate
$2.25Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.58%
Share Statistics
EPS (TTM)4.68
Shares Outstanding114,600,000
10 Day Avg. Volume703,077
30 Day Avg. Volume751,656
Standard Deviation0.09
R-Squared0.48
Alpha-0.00087
Financial Highlights & Ratios
Price to Book (P/B)2.40
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)6.70
P/FCF Ratio12.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.36
Enterprise Value/Gross Profit7.28
Enterprise Value/Ebitda11.65
Forecast
1Y Price Target
$73.16Price Target Upside3.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Berry Global Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBerry Global is making directional progress on margin expansion, with an overlay of a modest volume up-tick.
Strategic InitiativesBerry Global's Lean initiatives, new product pipeline, and ability to quickly react to customer order changes suggest the company is very well positioned versus peers.
ValuationWith a much improved balance sheet, balanced capital deployment approach with buybacks & M&A, and vols starting to inflect, shares are undervalued & poised to outperform.
Bears Say
Consumer SpendingSubdued consumer spending is starting to impact previously resilient categories such as Foodservice, with an additional challenge from a structural plastics-to-paper shift in Europe.
Market CompetitionVolumes are likely to remain muted with industry competitive pressure as customers focus on procurement savings.
Pricing PressureThe biggest dynamic that may start to unfold for the company and its packaging peer group is pricing pressure, noting that volumes are at a low point in most categories of relevance.
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Ownership Overview
0.33% Insiders
29.27% Mutual Funds
0.78% Other Institutional Investors
50.34% 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 $54.06 and its highest was $70.91 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 Nov 14, 2024 which is in 13 days.
How were Berry Global Group’s earnings last quarter?
Berry Global Group released its earnings results on Aug 02, 2024. The company reported $2.18 earnings per share for the quarter, beating the consensus estimate of $2.069 by $0.111.
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 1.58%. See more information on Berry Global Group dividends here
What is Berry Global Group’s EPS estimate?
Berry Global Group’s EPS estimate is $2.25.
How many shares outstanding does Berry Global Group have?
Berry Global Group has 114,600,000 shares outstanding.
What happened to Berry Global Group’s price movement after its last earnings report?
Berry Global Group reported an EPS of $2.18 in its last earnings report, beating expectations of $2.069. Following the earnings report the stock price went down -4.16%.
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 879M.
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Berry Global Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$73.16 (3.44% Upside)
$73.16 (3.44% Upside)
Blogger Sentiment
Bullish
BERY Sentiment 83%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 629.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $981.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 18.5%
Last 30 Days ▲ 18.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.81%
12-Months-Change
Fundamentals
Return on Equity
16.40%
Trailing 12-Months
Asset Growth
-3.39%
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
Q3 2024
0:00 / 0:00
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BERY Stock 12 Month Forecast
Average Price Target
$73.16
▲(3.44% Upside)
Technical Analysis
Best Analysts Covering BERY
1 Year
1 Year Success Rate
19/25 ratings generated profit
1 Year Average Return
+15.23%
reiterated a buy rating 10 months ago
Copying Anthony Pettinari's trades and holding each position for 1 Year would result in 76.00% of your transactions generating a profit, with an average return of +15.23% per trade.
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