Zacks Research Issues Positive Forecast for BERY Earnings

Berry Global Group, Inc. (NYSE:BERY) – Stock analysts at Zacks Research raised their Q2 2026 EPS estimates for shares of Berry Global Group in a research note issued to investors on Tuesday, February 25th. Zacks Research analyst S. Roy now anticipates that the industrial products company will earn $1.57 per share for the quarter, up from their prior estimate of $1.56. 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 Q1 2027 earnings at $1.43 EPS and FY2027 earnings at $7.18 EPS.

Berry Global Group (NYSE:BERY) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. Berry Global Group had a net margin of 3.99% and a return on equity of 28.26%. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The business’s quarterly revenue was up 2.2% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada increased their price target on Berry Global Group from $69.00 to $73.00 and gave the stock a “sector perform” rating in a report on Thursday, November 21st. Truist Financial increased their target price on shares of Berry Global Group from $74.00 to $76.00 and gave the stock a “hold” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $76.00 price target (up from $70.00) on shares of Berry Global Group in a research note on Monday, November 25th. UBS Group upped their price objective on shares of Berry Global Group from $72.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Finally, Citigroup restated a “neutral” rating and issued a $76.00 target price on shares of Berry Global Group in a research note on Monday, November 25th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Berry Global Group currently has a consensus rating of “Hold” and a consensus target price of $74.56.

Berry Global Group Stock Up 0.6 %

Shares of Berry Global Group stock opened at $72.15 on Friday. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 1.54 and a beta of 1.15. The stock’s 50-day moving average is $68.08 and its 200 day moving average is $67.96. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.61 and a quick ratio of 1.09. Berry Global Group has a one year low of $55.24 and a one year high of $73.31.

Berry Global Group Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Creative Planning raised its position in Berry Global Group by 3.0% in the 3rd quarter. Creative Planning now owns 6,827 shares of the industrial products company’s stock valued at $464,000 after buying an additional 198 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Berry Global Group by 95.1% in the third 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 last quarter. State of Alaska Department of Revenue raised its holdings in shares of Berry Global Group by 3.3% in the third 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 last quarter. Pallas Capital Advisors LLC bought a new position in shares of Berry Global Group during the third quarter valued at about $403,000. Finally, Diversify Advisory Services LLC purchased a new position in Berry Global Group during the third 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.