Q2 EPS Estimate for Berry Global Group Reduced by Analyst

Berry Global Group, Inc. (NYSE:BERY - Free Report) - Stock analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for Berry Global Group in a research note issued on Tuesday, February 25th. Zacks Research analyst S. Roy now expects that the industrial products company will earn $1.41 per share for the quarter, down from their prior forecast of $1.65. The consensus estimate for Berry Global Group's current full-year earnings is $6.25 per share. Zacks Research also issued estimates for Berry Global Group's Q3 2025 earnings at $1.75 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $6.10 EPS, Q3 2026 earnings at $1.68 EPS, Q4 2026 earnings at $2.13 EPS and FY2026 earnings at $6.57 EPS.

Berry Global Group (NYSE:BERY - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.09. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.35 billion. Berry Global Group had a net margin of 3.99% and a return on equity of 28.26%. Berry Global Group's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.22 EPS.

Other research analysts have also issued reports about the company. StockNews.com initiated coverage on Berry Global Group in a report on Saturday. They issued a "buy" rating on the stock. Truist Financial increased their price target on Berry Global Group from $74.00 to $76.00 and gave the company a "hold" rating in a research note on Monday, February 10th. Barclays raised their target price on Berry Global Group from $64.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 27th. Royal Bank of Canada upped their price target on Berry Global Group from $69.00 to $73.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 21st. Finally, Citigroup reissued a "neutral" rating and set a $76.00 target price on shares of Berry Global Group in a research report on Monday, November 25th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Berry Global Group has a consensus rating of "Hold" and a consensus price target of $74.56.

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Berry Global Group Stock Performance

Shares of Berry Global Group stock traded up $0.45 during trading on Thursday, hitting $72.15. 2,513,586 shares of the stock were exchanged, compared to its average volume of 1,150,792. The company has a current ratio of 1.61, a quick ratio of 1.09 and a debt-to-equity ratio of 3.35. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 1.54 and a beta of 1.15. Berry Global Group has a 1-year low of $55.24 and a 1-year high of $73.31. The company has a fifty day moving average price of $68.24 and a 200-day moving average price of $68.07.

Berry Global Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Monday, March 3rd. Berry Global Group's dividend payout ratio is currently 30.92%.

Hedge Funds Weigh In On Berry Global Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning increased its holdings in Berry Global Group by 3.0% during the 3rd quarter. Creative Planning now owns 6,827 shares of the industrial products company's stock worth $464,000 after acquiring an additional 198 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Berry Global Group by 95.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,280 shares of the industrial products company's stock valued at $1,039,000 after purchasing an additional 7,447 shares during the period. State of Alaska Department of Revenue increased its position in Berry Global Group by 3.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 22,962 shares of the industrial products company's stock valued at $1,560,000 after purchasing an additional 730 shares during the period. Pallas Capital Advisors LLC purchased a new position in shares of Berry Global Group during the 3rd quarter worth approximately $403,000. Finally, Diversify Advisory Services LLC bought a new position in shares of Berry Global Group in the 3rd quarter worth about $278,000. Institutional investors own 95.36% of the company's stock.

About Berry Global Group

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.