What is Zacks Research's Estimate for BERY Q1 Earnings?

Berry Global Group, Inc. (NYSE:BERY - Free Report) - Investment analysts at Zacks Research issued their Q1 2025 earnings per share estimates for Berry Global Group in a report released on Tuesday, December 10th. Zacks Research analyst S. Roy expects that the industrial products company will post earnings of $1.03 per share for the quarter. The consensus estimate for Berry Global Group's current full-year earnings is $6.75 per share. Zacks Research also issued estimates for Berry Global Group's Q2 2025 earnings at $1.65 EPS, Q3 2025 earnings at $1.78 EPS, Q4 2025 earnings at $1.89 EPS, FY2025 earnings at $6.35 EPS, Q1 2026 earnings at $1.30 EPS, Q2 2026 earnings at $1.58 EPS, Q3 2026 earnings at $1.75 EPS, Q4 2026 earnings at $2.27 EPS and FY2026 earnings at $6.90 EPS.

BERY has been the subject of several other reports. Barclays increased their target price on shares of Berry Global Group from $64.00 to $75.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 27th. Citigroup reiterated a "neutral" rating and set a $76.00 price objective on shares of Berry Global Group in a research report on Monday, November 25th. Morgan Stanley assumed coverage on Berry Global Group in a report on Wednesday, September 4th. They issued an "equal weight" rating and a $76.00 target price on the stock. Royal Bank of Canada upped their target price on Berry Global Group from $69.00 to $73.00 and gave the company a "sector perform" rating in a report on Thursday, November 21st. Finally, Truist Financial reiterated a "hold" rating and issued a $72.00 price target (down previously from $74.00) on shares of Berry Global Group in a research report on Wednesday, November 20th. Nine investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $73.73.

Berry Global Group Price Performance

Shares of NYSE:BERY traded up $0.22 during trading hours on Thursday, hitting $68.99. 1,340,170 shares of the company's stock traded hands, compared to its average volume of 1,110,958. The company's fifty day simple moving average is $68.97 and its two-hundred day simple moving average is $65.38. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.80 and a current ratio of 1.25. Berry Global Group has a 52 week low of $54.06 and a 52 week high of $73.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Altshuler Shaham Ltd acquired a new position in shares of Berry Global Group during the 2nd quarter worth $27,000. Quest Partners LLC increased its holdings in shares of Berry Global Group by 54,800.0% during the 2nd quarter. Quest Partners LLC now owns 549 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 548 shares during the last quarter. LRI Investments LLC raised its stake in shares of Berry Global Group by 1,309.1% in the 2nd quarter. LRI Investments LLC now owns 620 shares of the industrial products company's stock valued at $36,000 after acquiring an additional 576 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in Berry Global Group in the 2nd quarter worth approximately $42,000. Finally, American Capital Advisory LLC acquired a new stake in Berry Global Group in the 2nd quarter worth approximately $44,000. Hedge funds and other institutional investors own 95.36% of the company's stock.

Insider Buying and Selling at Berry Global Group

In other news, Director Evan Bayh sold 14,000 shares of the company's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $70.13, for a total value of $981,820.00. Following the transaction, the director now directly owns 30,228 shares of the company's stock, valued at approximately $2,119,889.64. This represents a 31.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 4.00% of the company's stock.

Berry Global Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, December 2nd. This is a positive change from Berry Global Group's previous quarterly dividend of $0.28. This represents a $1.24 dividend on an annualized basis and a yield of 1.80%. Berry Global Group's dividend payout ratio (DPR) is presently 28.25%.

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.