Berry Global Group (NYSE:BERY) Issues FY 2025 Earnings Guidance

Berry Global Group (NYSE:BERY - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 6.100-6.600 for the period, compared to the consensus EPS estimate of 8.180. The company issued revenue guidance of -.

Berry Global Group Stock Performance

NYSE BERY traded down $1.04 during trading hours on Tuesday, reaching $66.01. The stock had a trading volume of 11,279,153 shares, compared to its average volume of 1,031,168. Berry Global Group has a 52-week low of $54.06 and a 52-week high of $72.50. The stock has a fifty day moving average of $67.92 and a 200 day moving average of $64.24. The company has a debt-to-equity ratio of 2.57, a quick ratio of 1.08 and a current ratio of 1.82. The stock has a market cap of $7.56 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 1.10 and a beta of 1.14.

Berry Global Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.88%. This is a positive change from Berry Global Group's previous quarterly dividend of $0.28. The ex-dividend date is Monday, December 2nd. Berry Global Group's dividend payout ratio is presently 23.50%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BERY. StockNews.com upgraded Berry Global Group from a "hold" rating to a "buy" rating in a research report on Friday. Morgan Stanley assumed coverage on shares of Berry Global Group in a research note on Wednesday, September 4th. They issued an "equal weight" rating and a $76.00 price target on the stock. Finally, Truist Financial boosted their price target on shares of Berry Global Group from $68.00 to $74.00 and gave the stock a "hold" rating in a report on Tuesday, October 15th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $71.22.

Insider Buying and Selling at Berry Global Group

In other Berry Global Group news, Director Evan Bayh sold 14,000 shares of Berry Global Group stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $70.13, for a total value of $981,820.00. Following the sale, the director now owns 30,228 shares in the company, valued at $2,119,889.64. The trade was a 31.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.00% of the stock is owned by insiders.

Berry Global Group Company Profile

Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.