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

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

Berry Global Group Stock Performance

BERY opened at $69.01 on Thursday. The business’s 50-day moving average price is $67.99 and its two-hundred day moving average price is $64.27. Berry Global Group has a 1 year low of $54.06 and a 1 year high of $72.50. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 1.09 and a beta of 1.14. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.82 and a quick ratio of 1.08.

Berry Global Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.80%. This is a positive change from Berry Global Group’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Monday, December 2nd. Berry Global Group’s dividend payout ratio (DPR) is currently 25.06%.

Analyst Upgrades and Downgrades

BERY has been the subject of a number of analyst reports. StockNews.com raised Berry Global Group from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Truist Financial restated a “hold” rating and issued a $72.00 price objective (down from $74.00) on shares of Berry Global Group in a report on Wednesday. Finally, Morgan Stanley assumed coverage on Berry Global Group in a research report on Wednesday, September 4th. They issued an “equal weight” rating and a $76.00 price objective for the company. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $71.00.

Insider Transactions at Berry Global Group

In related news, Director Evan Bayh sold 14,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director now directly owns 30,228 shares of the company’s stock, valued at approximately $2,119,889.64. The trade was a 31.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.00% of the company’s stock.

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.