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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 - $72.50
Previous Close$69
Volume1.06M
Average Volume (3M)1.04M
Market Cap
$7.75B
Enterprise Value$16.31B
Total Cash (Recent Filing)$509.00M
Total Debt (Recent Filing)$9.21B
Price to Earnings (P/E)15.1
Beta0.92
Next Earnings
Jan 31, 2025EPS Estimate
$1.32Next Dividend Ex-Date
Dec 02, 2024Dividend Yield1.66%
Share Statistics
EPS (TTM)4.39
Shares Outstanding114,600,000
10 Day Avg. Volume2,478,873
30 Day Avg. Volume1,035,482
Standard Deviation0.09
R-Squared0.47
Alpha-0.00053
Financial Highlights & Ratios
Price to Book (P/B)2.35
Price to Sales (P/S)0.62
Price to Cash Flow (P/CF)6.40
P/FCF Ratio12.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.32
Enterprise Value/Gross Profit7.06
Enterprise Value/Ebitda11.08
Forecast
1Y Price Target
$73.10Price Target Upside4.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Berry Global Group News
Bulls Say, Bears Say
Bulls Say
Dividend EnhancementBerry shareholders will gain from an increased dividend aligned with Amcor's higher payout, which remains unchanged.
Merger BenefitsThe merger unlocks meaningful cost and financial synergies, providing a faster path for a higher valuation as Amcor has historically traded at a premium.
Valuation PremiumThe transaction values Berry at a higher valuation multiple compared to its historical trading, offering a premium over its long-term trading valuation.
Bears Say
Financial PerformanceDespite solid volume growth across all segments except HH&S, BERY's EBITDA was below consensus, driven by lower than anticipated earnings in Flexibles and HH&S.
Market ValuationThe proposed transaction is slightly below the median plastic packaging transaction multiple over the past ~8 years.
Regulatory ConcernsRegulatory review process is expected to run a bit longer.
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Ownership Overview
0.33% Insiders
29.06% Mutual Funds
41.16% Other Institutional Investors
10.06% 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 $72.50 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 Jan 31, 2025 which is in 71 days.
How were Berry Global Group’s earnings last quarter?
Berry Global Group released its earnings results on Nov 19, 2024. The company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.077 by $0.193.
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 $0.31 which represents an annual dividend yield of 1.66%. See more information on Berry Global Group dividends here
What is Berry Global Group’s EPS estimate?
Berry Global Group’s EPS estimate is $1.32.
How many shares outstanding does Berry Global Group have?
Berry Global Group has 115,116,150 shares outstanding.
What happened to Berry Global Group’s price movement after its last earnings report?
Berry Global Group reported an EPS of $2.27 in its last earnings report, beating expectations of $2.077. Following the earnings report the stock price went down -1.327%.
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 1B.
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Berry Global Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$73.10 (4.09% Upside)
$73.10 (4.09% Upside)
Blogger Sentiment
Bullish
BERY Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 231.3K 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 ▼ 2.0%
Last 30 Days ▲ 15.6%
Last 30 Days ▲ 15.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.38%
12-Months-Change
Fundamentals
Return on Equity
15.12%
Trailing 12-Months
Asset Growth
-3.01%
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
$73.10
▲(4.09% Upside)
Technical Analysis
Best Analysts Covering BERY
1 Year
1 Year Success Rate
19/25 ratings generated profit
1 Year Average Return
+15.76%
reiterated a buy rating 11 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 +15.76% per trade.
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