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

Berry Global Group (NYSE:BERY) updated its FY 2025 earnings guidance on Tuesday. 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 -.

Analyst Ratings Changes

A number of analysts have commented on BERY shares. StockNews.com initiated coverage on shares of Berry Global Group in a research report on Tuesday, January 28th. They set a “buy” rating on the stock. Barclays upped their target price on Berry Global Group from $64.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 27th. Citigroup reiterated a “neutral” rating and issued a $76.00 target price on shares of Berry Global Group in a report on Monday, November 25th. UBS Group cut their price target on Berry Global Group from $75.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a $76.00 target price (up from $70.00) on shares of Berry Global Group in a research note on Monday, November 25th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $73.30.

Berry Global Group Stock Up 3.9 %

Shares of NYSE:BERY traded up $2.64 during mid-day trading on Tuesday, hitting $69.47. 1,134,818 shares of the company traded hands, compared to its average volume of 1,162,726. Berry Global Group has a 12-month low of $54.06 and a 12-month high of $73.31. 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 stock 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 stock has a 50-day moving average price of $67.47 and a two-hundred day moving average price of $67.12.

Berry Global Group (NYSE:BERY) last released 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. Berry Global Group had a net margin of 4.21% and a return on equity of 26.32%. On average, equities research analysts forecast that Berry Global Group will post 6.31 earnings per share for the current year.

Berry Global Group Announces Dividend

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