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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 - $73.31
Previous Close$64.2
Volume3.00M
Average Volume (3M)1.42M
Market Cap
$7.45B
Enterprise Value$15.21B
Total Cash (Recent Filing)$1.09B
Total Debt (Recent Filing)$8.85B
Price to Earnings (P/E)14.8
Beta1.00
Next Earnings
Jan 31, 2025EPS Estimate
$1.04Last Dividend Ex-Date
Dec 02, 2024Dividend Yield1.7%
Share Statistics
EPS (TTM)4.39
Shares Outstanding115,200,000
10 Day Avg. Volume6,312,326
30 Day Avg. Volume1,416,053
Standard Deviation0.08
R-Squared0.47
Alpha-0.00234
Financial Highlights & Ratios
Price to Book (P/B)2.05
Price to Sales (P/S)0.61
Price to Cash Flow (P/CF)1.70
P/FCF Ratio1.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit6.75
Enterprise Value/Ebitda9.23
Forecast
1Y Price Target
$74.75Price Target Upside16.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Berry Global Group News
Bulls Say, Bears Say
Bulls Say
Financial AdvantageBerry shareholders gain from a transaction premium and will receive increased dividends aligned with Amcor's higher payout, providing immediate financial benefits.
Market PositionBerry, as a leading global supplier of packaging products, strengthens its market position through the merger, benefiting from a complementary product lineup with minimal overlap.
Merger BenefitsThe combination of Amcor and Berry almost doubles the size of the packaging company, with anticipated cost synergies of $530 million, enhancing the combined entity's efficiency.
Bears Say
Financial PerformanceThe Flexibles and HH&S segments experienced year-over-year declines in EBITDA.
Merger And AcquisitionMerger comes as a surprise, as it was expected to contain a cash component & a larger premium.
Stock Price VolatilityBERY’s stock price will continue to fluctuate with Amcor’s stock price due to the all-stock deal.
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Ownership Overview
0.34% Insiders
29.13% Mutual Funds
41.23% Other Institutional Investors
10.13% 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 $73.31 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 41 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 $2.092 by $0.178.
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 1.7%. See more information on Berry Global Group dividends here
What is Berry Global Group’s EPS estimate?
Berry Global Group’s EPS estimate is $1.04.
How many shares outstanding does Berry Global Group have?
Berry Global Group has 115,200,000 shares outstanding.
What happened to Berry Global Group’s price movement after its last earnings report?
Berry Global Group reported an EPS of $2.27 in its last earnings report, beating expectations of $2.092. Following the earnings report the stock price went down -1.318%.
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
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$74.75 (16.43% Upside)
$74.75 (16.43% Upside)
Blogger Sentiment
Bullish
BERY Sentiment 75%
Sector Average 64%
Sector Average 64%
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 Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.72%
12-Months-Change
Fundamentals
Return on Equity
15.12%
Trailing 12-Months
Asset Growth
0.46%
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
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strong operational performance, effective cost management, and strategic initiatives positioning Berry Global for future growth. Despite challenges from resin price increases and slower market recovery in Europe, the company remains confident in achieving its fiscal targets.Read More>---
BERY Stock 12 Month Forecast
Average Price Target
$74.75
▲(16.43% Upside)
Technical Analysis
Best Analysts Covering BERY
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+17.69%
reiterated a buy rating 2 months ago
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