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

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

Analysts Set New Price Targets

BERY has been the subject of several recent research reports. Citigroup reissued a “neutral” rating and issued a $76.00 price objective on shares of Berry Global Group in a report on Monday, November 25th. StockNews.com began coverage on shares of Berry Global Group in a research report on Tuesday, January 28th. They issued a “buy” rating on the stock. Barclays raised their price objective on shares of Berry Global Group from $64.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 27th. Truist Financial lifted 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 note on Monday, January 6th. Finally, 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 research report on Friday, January 10th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $73.30.

Berry Global Group Price Performance

NYSE:BERY traded up $2.64 during trading hours on Tuesday, hitting $69.47. 1,134,818 shares of the company’s stock traded hands, compared to its average volume of 1,162,726. The firm has a market cap of $8.04 billion, a P/E ratio of 15.81, a P/E/G ratio of 1.45 and a beta of 1.15. The company has a quick ratio of 0.80, a current ratio of 1.25 and a debt-to-equity ratio of 2.08. The business’s fifty day simple moving average is $67.47 and its two-hundred day simple moving average is $67.12. Berry Global Group has a 52 week low of $54.06 and a 52 week high of $73.31.

Berry Global Group (NYSE:BERY) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.09. Berry Global Group had a net margin of 4.21% and a return on equity of 26.32%. On average, research analysts anticipate that Berry Global Group will post 6.31 earnings per share for the current fiscal year.

Berry Global Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.31 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 1.79%. Berry Global Group’s dividend payout ratio (DPR) is presently 28.25%.

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.