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 EPS guidance of 6.100-6.600 for the period, compared to the consensus EPS estimate of 8.180. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms recently weighed in on BERY. StockNews.com upgraded Berry Global Group from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Morgan Stanley began coverage on shares of Berry Global Group in a research note on Wednesday, September 4th. They issued an “equal weight” rating and a $76.00 price objective for the company. Finally, Truist Financial reaffirmed a “hold” rating and set a $72.00 target price (down previously from $74.00) on shares of Berry Global Group in a research report on Wednesday. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Berry Global Group has a consensus rating of “Hold” and a consensus price target of $71.00.

Berry Global Group Stock Up 4.3 %

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

Berry Global Group Increases Dividend

The firm also recently declared 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 represents a $1.24 dividend on an annualized basis and a yield of 1.80%. This is an increase from Berry Global Group’s previous quarterly dividend of $0.28. Berry Global Group’s dividend payout ratio is currently 25.06%.

Insider Activity

In related news, Director Evan Bayh sold 14,000 shares of Berry Global Group 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 sale, the director now owns 30,228 shares of the company’s stock, valued at approximately $2,119,889.64. This trade represents a 31.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.