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NYSE:BERY

Berry Global Group (BERY) Stock Price, News & Analysis

$66.82
-0.76 (-1.12%)
(As of 09/6/2024 ET)
Today's Range
$66.79
$67.99
50-Day Range
$58.00
$68.87
52-Week Range
$53.92
$69.93
Volume
480,962 shs
Average Volume
1.04 million shs
Market Capitalization
$7.64 billion
P/E Ratio
15.87
Dividend Yield
1.65%
Price Target
$71.82

Berry Global Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
7.5% Upside
$71.82 Price Target
Short Interest
Bearish
4.12% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.73mentions of Berry Global Group in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.76%
From $7.60 to $8.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.89 out of 5 stars

Industrial Products Sector

104th out of 165 stocks

Plastics Products, Not Elsewhere Classified Industry

7th out of 9 stocks

BERY stock logo

About Berry Global Group Stock (NYSE:BERY)

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. The Consumer Packaging International segment offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. The Consumer Packaging North America segment provides containers and pails, foodservice products, closures, bottles and prescription vials, and tubes. The Engineered Materials segment offers stretch and shrink, converter, food and consumer, and agriculture films, as well as institutional can liners and retail bags. The Health, Hygiene & Specialties segment provides healthcare, hygiene, specialties, and tapes. Berry Global Group, Inc. sells its products through direct sales force of professionals and distributors. The company was formerly known as Berry Plastics Group, Inc. and changed its name to Berry Global Group, Inc. in April 2017. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana.

BERY Stock Price History

BERY Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Morgan Stanley Initiates Coverage on Berry Global Group (NYSE:BERY)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Barclays Reaffirms Their Hold Rating on Berry Global Group (BERY)
Berry Global: Trading At A 10% Free Cash Flow Yield
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Last Earnings
8/02/2024
Ex-Dividend for 9/17 Dividend
9/03/2024
Today
9/07/2024
Dividend Payable
9/17/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/21/2024

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Metal & Glass Containers
CUSIP
08579W10
Employees
44,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$71.82
High Stock Price Target
$83.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+7.5%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$609 million
Pretax Margin
5.26%

Debt

Sales & Book Value

Annual Sales
$12.18 billion
Cash Flow
$14.22 per share
Book Value
$29.42 per share

Miscellaneous

Free Float
109,824,000
Market Cap
$7.64 billion
Optionable
Optionable
Beta
1.17
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Key Executives


BERY Stock Analysis - Frequently Asked Questions

How have BERY shares performed this year?

Berry Global Group's stock was trading at $67.39 on January 1st, 2024. Since then, BERY stock has decreased by 0.8% and is now trading at $66.82.
View the best growth stocks for 2024 here
.

How were Berry Global Group's earnings last quarter?

Berry Global Group, Inc. (NYSE:BERY) posted its quarterly earnings data on Friday, August, 2nd. The industrial products company reported $2.18 EPS for the quarter, beating the consensus estimate of $2.02 by $0.16. The company's revenue was down 2.1% compared to the same quarter last year.

What is Tom Salmon's approval rating as Berry Global Group's CEO?

107 employees have rated Berry Global Group Chief Executive Officer Tom Salmon on Glassdoor.com. Tom Salmon has an approval rating of 74% among the company's employees.

Who are Berry Global Group's major shareholders?

Top institutional shareholders of Berry Global Group include EdgePoint Investment Group Inc. (13.06%), LSV Asset Management (3.72%), Dimensional Fund Advisors LP (3.04%) and Massachusetts Financial Services Co. MA (2.85%). Insiders that own company stock include Mark W Miles, Tom Salmon, Evan Bayh, Jonathan F Foster, Peter T Thomas, Carl J Rickertsen, Jason K Greene, William J Norman, James Till, Michael Edward Hill and Curt Begle.
View institutional ownership trends
.

How do I buy shares of Berry Global Group?

Shares of BERY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Berry Global Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Berry Global Group investors own include NVIDIA (NVDA), Walt Disney (DIS), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Home Depot (HD) and Procter & Gamble (PG).

This page (NYSE:BERY) was last updated on 9/7/2024 by MarketBeat.com Staff

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