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

Berry Global Group (NYSE:BERY) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.100-6.600 for the period, compared to the consensus EPS estimate of 6.260. The company issued revenue guidance of -. Berry Global Group also updated its FY25 guidance to $6.10-6.60 EPS.

Berry Global Group Trading Up 1.2 %

Shares of BERY stock opened at $71.37 on Thursday. The company has a market capitalization of $8.26 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.45 and a beta of 1.15. The company has a current ratio of 1.25, a quick ratio of 0.80 and a debt-to-equity ratio of 2.08. The business’s 50 day moving average is $67.46 and its two-hundred day moving average is $67.20. Berry Global Group has a twelve month low of $54.06 and a twelve month high of $73.31.

Berry Global Group (NYSE:BERY) last issued its quarterly earnings results 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 firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.35 billion. Berry Global Group had a return on equity of 26.32% and a net margin of 4.21%. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the company earned $1.22 earnings per share. Equities analysts forecast that Berry Global Group will post 6.31 EPS for the current year.

Berry Global Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.74%. Berry Global Group’s dividend payout ratio (DPR) is 28.25%.

Wall Street Analyst Weigh In

BERY has been the subject of a number of recent analyst reports. Truist Financial raised their price objective on shares of Berry Global Group from $72.00 to $74.00 and gave the company a “hold” rating in a research report on Monday, January 6th. UBS Group reduced their price target on Berry Global Group from $75.00 to $72.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Barclays upped their price objective on Berry Global Group from $64.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 27th. Royal Bank of Canada raised their target price on Berry Global Group from $69.00 to $73.00 and gave the company a “sector perform” rating in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $76.00 price target (up from $70.00) on shares of Berry Global Group in a research note on Monday, November 25th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Berry Global Group has an average rating of “Hold” and a consensus target price of $73.30.

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.