NYSE:BERY Berry Global Group (BERY) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free BERY Stock Alerts $58.86 +0.48 (+0.82%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$58.25▼$59.1050-Day Range$55.92▼$61.0052-Week Range$53.92▼$69.93Volume632,738 shsAverage Volume1.11 million shsMarket Capitalization$6.82 billionP/E Ratio12.66Dividend Yield1.87%Price Target$72.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Berry Global Group alerts: Email Address Berry Global Group MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside22.3% Upside$72.00 Price TargetShort InterestHealthy3.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment0.76Based on 4 Articles This WeekInsider TradingAcquiring Shares$170,490 Bought Last QuarterProj. Earnings Growth11.52%From $7.38 to $8.23 Per ShareSee Full Details Hide Full Details 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.4.94 out of 5 starsIndustrial Products Sector7th out of 1,008 stocksPlastics Products, Not Elsewhere Classified Industry1st out of 60 stocks 3.2 Analyst's Opinion Consensus RatingBerry Global Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageBerry Global Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.41% of the float of Berry Global Group has been sold short.Short Interest Ratio / Days to CoverBerry Global Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Berry Global Group has recently decreased by 5.74%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldBerry Global Group pays a meaningful dividend of 1.94%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBerry Global Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Berry Global Group is 23.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Berry Global Group will have a dividend payout ratio of 13.37% next year. This indicates that Berry Global Group will be able to sustain or increase its dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBerry Global Group has received a -58.73% net impact score from Upright. The largest negative impact of Berry Global in category "GHG emissions" seems to be driven mostly by its "Adhesive sealants", "Plastic consumer electronics packages", "Plastic lids", "Plastic garments packages", "Plastic tubes", and "Plastic cosmetics packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Berry Global Group is -3.74. Previous Next 2.1 News and Social Media Coverage News SentimentBerry Global Group has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Berry Global Group this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for BERY on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Berry Global Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Berry Global Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $170,490.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.00% of the stock of Berry Global Group is held by insiders.Percentage Held by Institutions95.36% of the stock of Berry Global Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Berry Global Group are expected to grow by 11.52% in the coming year, from $7.38 to $8.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Berry Global Group is 12.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Berry Global Group is 12.66, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.08.Price to Earnings Growth RatioBerry Global Group has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBerry Global Group has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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.Read More BERY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BERY Stock News HeadlinesMay 2, 2024 | americanbankingnews.comBerry Global Group (BERY) Scheduled to Post Earnings on ThursdayApril 29, 2024 | seekingalpha.comBerry Global: Good Time To Buy Before New CEO's Efforts Pay OffMay 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 28, 2024 | americanbankingnews.comBerry Global Group, Inc. (NYSE:BERY) Receives Consensus Rating of "Hold" from AnalystsApril 25, 2024 | finance.yahoo.comWhat Makes Berry Global Group (BERY) a “Boring Company” as per Blue Tower Asset Management?April 24, 2024 | finance.yahoo.comCiti Eyes $2 Billion Debt Package for Berry, Glatfelter DealApril 17, 2024 | finance.yahoo.comNewHold Enterprises Announces Sale of F&S Tool to Berry GlobalApril 17, 2024 | prnewswire.comNewHold Enterprises Announces Sale of F&S Tool to Berry GlobalMay 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 16, 2024 | msn.comBaird Downgrades Berry Global Group (BERY)April 16, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Minth Group (OtherMNTHF), Expedia (EXPE) and Berry Global Group (BERY)April 13, 2024 | finance.yahoo.com0.04% earnings growth over 3 years has not materialized into gains for Berry Global Group (NYSE:BERY) shareholders over that periodApril 11, 2024 | businesswire.comBerry Global Group, Inc. to Release Second Fiscal Quarter 2024 Results on May 9, 2024April 9, 2024 | msn.comIncreasing recycling capacity for flexible films - B2B CentralApril 9, 2024 | businesswire.com2023 Sustainability Report Shows How Berry Global is Delivering on its Impact 2025 StrategyMarch 28, 2024 | msn.comBerry and Mitsubishi enhance food packaging recyclingMarch 16, 2024 | finance.yahoo.comWith A Return On Equity Of 17%, Has Berry Global Group, Inc.'s (NYSE:BERY) Management Done Well?March 15, 2024 | msn.comAnalyst Downgrades Berry Global: Is the Center of the Aisle Falling Out?March 1, 2024 | realmoney.thestreet.comBerry Global initiated with neutral view at Wolfe Research, here's whyFebruary 29, 2024 | markets.businessinsider.comBuy Rating Affirmed for Berry Global Group on Strong Financial Outlook and Strategic Cost-Saving InitiativesFebruary 24, 2024 | finance.yahoo.comDirector Robert Steele Sells 14,000 Shares of Berry Global Group IncFebruary 24, 2024 | finance.yahoo.comBerry Global Group, Inc. (NYSE:BERY) Looks Interesting, And It's About To Pay A DividendFebruary 14, 2024 | finance.yahoo.comSeveral Insiders Invested In Berry Global Group Flagging Positive NewsFebruary 14, 2024 | benzinga.comTop 5 Materials Stocks That May Explode This Month - Air Products & Chemicals (NYSE:APD), Axalta Coating Sys (NYSE:AXTA)February 13, 2024 | finance.yahoo.comBerry Global Unveils New Circular Stretch Film Innovation and Training Center in Tulsa, OklahomaFebruary 11, 2024 | markets.businessinsider.comBuy Rating Affirmed for Berry Global Group Amid Strong Market Position and Strategic Business MovesFebruary 11, 2024 | seekingalpha.comBerry Global: Selloff Following Glatfelter Deal Creates Buying OpportunitySee More Headlines Receive BERY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Berry Global Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/07/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today5/04/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Plastics products, not elsewhere classified Sub-IndustryMetal & Glass Containers Current SymbolNYSE:BERY CUSIP08579W10 CIK1378992 Webwww.berryglobal.com Phone(812) 424-2904Fax812-424-0128Employees44,000Year FoundedN/APrice Target and Rating Average Stock Price Target$72.00 High Stock Price Target$89.00 Low Stock Price Target$62.00 Potential Upside/Downside+22.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.65 Trailing P/E Ratio12.66 Forward P/E Ratio7.98 P/E Growth0.78Net Income$609 million Net Margins4.51% Pretax Margin5.43% Return on Equity26.79% Return on Assets5.38% Debt Debt-to-Equity Ratio2.62 Current Ratio1.67 Quick Ratio0.95 Sales & Book Value Annual Sales$12.46 billion Price / Sales0.55 Cash Flow$14.94 per share Price / Cash Flow3.94 Book Value$27.23 per share Price / Book2.16Miscellaneous Outstanding Shares115,900,000Free Float111,264,000Market Cap$6.82 billion OptionableOptionable Beta1.24 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Mark W. Miles (Age 53)Chief Financial Officer Comp: $1.38MMr. Jason K. Greene (Age 54)Executive VP, Chief Legal Officer & Secretary Comp: $1.15MMr. Curtis L. Begle (Age 49)President of Health, Hygiene & Specialties Division Comp: $1.37MMr. Jean-Marc Galvez (Age 57)President of Consumer Packaging - International Division Comp: $1.38MMr. Kevin J. Kwilinski (Age 55)CEO & Director Mr. Rodgers K. GreenawaltExecutive Vice President of OperationsMs. Debbie A. GarrisonExecutive VP & Chief Information OfficerDustin StilwellVice President of Investor RelationsMr. Jeffrey L. BennettExecutive VP & Chief Human Resources OfficerMr. William J. Norman (Age 53)President of Consumer Packaging North America Division Comp: $745.13kMore ExecutivesKey CompetitorsAptarGroupNYSE:ATRAtkoreNYSE:ATKRESABNYSE:ESABMueller IndustriesNYSE:MLIAlcoaNYSE:AAView All CompetitorsInsiders & InstitutionsCoronation Fund Managers Ltd.Bought 108,879 shares on 5/3/2024Ownership: 0.127%Mutual of America Capital Management LLCSold 3,892 shares on 5/2/2024Ownership: 0.060%FORA Capital LLCBought 24,671 shares on 5/2/2024Ownership: 0.021%FinTrust Capital Advisors LLCSold 2,383 shares on 5/2/2024Ownership: 0.019%Quent Capital LLCBought 1,000 shares on 5/2/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions BERY Stock Analysis - Frequently Asked Questions Should I buy or sell Berry Global Group stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Berry Global Group in the last twelve months. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BERY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BERY, but not buy additional shares or sell existing shares. View BERY analyst ratings or view top-rated stocks. What is Berry Global Group's stock price target for 2024? 10 Wall Street analysts have issued 1 year price objectives for Berry Global Group's shares. Their BERY share price targets range from $62.00 to $89.00. On average, they predict the company's stock price to reach $72.00 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for BERY or view top-rated stocks among Wall Street analysts. How have BERY shares performed in 2024? Berry Global Group's stock was trading at $67.39 at the start of the year. Since then, BERY shares have decreased by 12.7% and is now trading at $58.86. View the best growth stocks for 2024 here. Are investors shorting Berry Global Group? Berry Global Group saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 3,940,000 shares, a drop of 5.7% from the March 31st total of 4,180,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.4% of the shares of the company are sold short. View Berry Global Group's Short Interest. When is Berry Global Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our BERY earnings forecast. How can I listen to Berry Global Group's earnings call? Berry Global Group will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Berry Global Group's earnings last quarter? Berry Global Group, Inc. (NYSE:BERY) released its quarterly earnings data on Wednesday, February, 7th. The industrial products company reported $1.22 EPS for the quarter, missing analysts' consensus estimates of $1.29 by $0.07. The industrial products company had revenue of $2.85 billion for the quarter, compared to analysts' expectations of $2.99 billion. Berry Global Group had a net margin of 4.51% and a trailing twelve-month return on equity of 26.79%. The business's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.30 earnings per share. How often does Berry Global Group pay dividends? What is the dividend yield for Berry Global Group? Berry Global Group declared a quarterly dividend on Thursday, February 1st. Investors of record on Friday, March 1st will be paid a dividend of $0.275 per share on Friday, March 15th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for BERY. Is Berry Global Group a good dividend stock? Berry Global Group (NYSE:BERY) pays an annual dividend of $1.10 per share and currently has a dividend yield of 1.94%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BERY will have a dividend payout ratio of 13.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BERY. What ETFs hold Berry Global Group's stock? ETFs with the largest weight of Berry Global Group (NYSE:BERY) stock in their portfolio include Amplify Cash Flow Dividend Leaders ETF (COWS), Thrivent Small-Mid Cap ESG ETF (TSME), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), AdvisorShares Insiders Advantage ETF (SURE), Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV), John Hancock Multifactor Small Cap ETF (JHSC) and Invesco S&P MidCap 400 Revenue ETF (RWK). What guidance has Berry Global Group issued on next quarter's earnings? Berry Global Group issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 7.350-7.850 for the period, compared to the consensus estimate of 7.530. The company issued revenue guidance of -. 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. What other stocks do shareholders of Berry Global Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Berry Global Group investors own include NVIDIA (NVDA), Walt Disney (DIS), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Home Depot (HD), Procter & Gamble (PG), Bristol-Myers Squibb (BMY), CVS Health (CVS) and Alibaba Group (BABA). Who are Berry Global Group's major shareholders? Berry Global Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fifth Third Bancorp (0.41%), Principal Financial Group Inc. (0.38%), Raymond James & Associates (0.21%), Allspring Global Investments Holdings LLC (0.18%), Allspring Global Investments Holdings LLC (0.18%) and Leeward Investments LLC MA (0.15%). Insiders that own company stock include Carl J Rickertsen, Carl J Rickertsen, Curt Begle, Evan Bayh, James Till, Jason K Greene, Jonathan F Foster, Mark W Miles, Michael Edward Hill, Peter T Thomas, Tom Salmon, William J Norman and William J Norman. 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. This page (NYSE:BERY) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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