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Berry Global Group (BERY)
NYSE:BERY

Berry Global Group (BERY) Stock Price & Analysis

376 Followers

BERY Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$52.91 - $69.60
Previous Close$56.56
Volume604.85K
Average Volume (3M)1.28M
Market Cap
$6.56B
Enterprise Value$15.31B
Total Cash (Recent Filing)$507.00M
Total Debt (Recent Filing)$9.27B
Price to Earnings (P/E)12.2
Beta1.16
May 09, 2024
Dividend Yield1.86%
Share Statistics
EPS (TTM)4.65
Shares Outstanding115,900,000
10 Day Avg. Volume877,661
30 Day Avg. Volume1,275,462
Standard Deviation0.09
R-Squared0.49
Alpha-0.00790
Financial Highlights & Ratios
Price to Book (P/B)-1.91
Price to Sales (P/S)0.52
Price to Cash Flow (P/CF)-8.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.23
Enterprise Value/Gross Profit6.63
Enterprise Value/Ebitda11.55
Forecast
Price Target Upside21.19% Upside
Rating ConsensusHold
Number of Analyst Covering8

Bulls Say, Bears Say

Bulls Say
Financial OutlookThe company is on track to achieve its financial outlook for the upcoming fiscal year.
Mergers & AcquisitionsThe potential for medium-to-large scale M&A in plastics packaging, led by Private Equity, could provide a floor on valuation and spur growth.
Strategic InitiativesThe non-wovens spin-off is anticipated to reduce certain costs, which should increase earnings for the remaining company.
Bears Say
Company Strategy IssuesThe decision to separate the HHS segment from the portfolio has been poorly received, indicating potential strategy issues.
Earnings PerformanceBERY FY1Q24 results were modestly below forecasts, with persistent consumer and industrial demand softness.
Financial Stability ConcernsBerry Global's balance sheet shows higher-than-sector-average leverage, which raises concerns about financial stability.
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Financials

Annual

Ownership Overview

1.20%26.25%22.37%50.18%
22.37% Other Institutional Investors
50.18% 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 Available
There 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 $52.91 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 May 09, 2024 which is in 16 days.
      How were Berry Global Group’s earnings last quarter?
      Berry Global Group released its earnings results on Feb 07, 2024. The company reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.31 by -$0.09.
        Is Berry Global Group overvalued?
        According to Wall Street analysts Berry Global Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Berry Global Group pay dividends?
          Berry Global Group pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 1.86%. See more information on Berry Global Group dividends here
            What is Berry Global Group’s EPS estimate?
            Berry Global Group’s EPS estimate is $1.92.
              How many shares outstanding does Berry Global Group have?
              Berry Global Group has 115,900,000 shares outstanding.
                What happened to Berry Global Group’s price movement after its last earnings report?
                Berry Global Group reported an EPS of $1.22 in its last earnings report, missing expectations of $1.31. Following the earnings report the stock price went down -11.771%.
                  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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                    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

                    ---

                    BERY Earnings Call

                    Q1 2024
                    0:00 / 0:00
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                    BERY Stock 12 Months Forecast

                    Average Price Target

                    $68.86
                    ▲(21.19% Upside)
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                    Best Analysts Covering BERY

                    1 Year
                    1 Year Success Rate
                    16/25 ratings generated profit
                    64%
                    1 Year Average Return
                    +12.13%
                    reiterated a buy rating 4 months ago
                    Copying Anthony Pettinari's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +12.13% per trade.
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