Berry Global Group (NYSE:BERY) Updates FY25 Earnings Guidance

Berry Global Group (NYSE:BERYGet Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $6.10-6.60 for the period, compared to the consensus earnings per share estimate of $6.26. Berry Global Group also updated its FY 2025 guidance to 6.100-6.600 EPS.

Analyst Ratings Changes

Several analysts have weighed in on BERY shares. Barclays boosted 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. Citigroup restated a “neutral” rating and issued a $76.00 price objective on shares of Berry Global Group in a report on Monday, November 25th. UBS Group lowered their target price on shares of Berry Global Group from $75.00 to $72.00 and set a “neutral” rating for the company in a report on Friday, January 10th. StockNews.com assumed coverage on shares of Berry Global Group in a research report on Tuesday, January 28th. They set a “buy” rating for the company. Finally, Royal Bank of Canada raised their price target on Berry Global Group from $69.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 21st. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $73.30.

View Our Latest Analysis on BERY

Berry Global Group Trading Up 5.2 %

Shares of Berry Global Group stock traded up $3.51 during trading hours on Tuesday, hitting $70.34. The company’s stock had a trading volume of 2,563,423 shares, compared to its average volume of 1,229,330. Berry Global Group has a 12 month low of $54.06 and a 12 month high of $73.31. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.25 and a quick ratio of 0.80. The company has a market capitalization of $8.14 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.45 and a beta of 1.15. The stock has a 50 day moving average of $67.47 and a 200 day moving average of $67.12.

Berry Global Group (NYSE:BERYGet Free Report) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. Berry Global Group had a return on equity of 26.32% and a net margin of 4.21%. The business had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same period in the prior year, the business earned $1.22 EPS. Berry Global Group’s revenue for the quarter was up 2.2% compared to the same quarter last year. Analysts predict that Berry Global Group will post 6.31 earnings per share for the current year.

Berry Global Group Dividend Announcement

The business also recently disclosed 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 1.76%. Berry Global Group’s dividend payout ratio is currently 28.25%.

About Berry Global Group

(Get Free Report)

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.

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Earnings History and Estimates for Berry Global Group (NYSE:BERY)

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