Berry Stock Today

BERY
 Stock
  

USD 54.29  0.14  0.26%   

Market Performance
0 of 100
Odds Of Distress
Less than 45
Berry Global is trading at 54.29 as of the 7th of July 2022; that is -0.26% down since the beginning of the trading day. The stock's open price was 54.43. Berry Global has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Berry Global Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 7th of July 2022. Click here to learn more.
CUSIP
08579W103
Fiscal Year End
September
Business Domain
Materials
IPO Date
4th of October 2012
Category
Consumer Cyclical
Classification
Materials
ISIN
US08579W1036
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. Berry Global operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. The company has 135.6 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 2.86 trading days to cover. More on Berry Global Group

Berry Global Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Berry Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Berry Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Berry Global Group generated a negative expected return over the last 90 days
Berry Global Group has a poor financial position based on the latest SEC disclosures
Latest headline from www.designerwomen.co.uk: Global Trash Bags Market 2022 Business Opportunities Achaika Plastic SA, Berry Global Inc., Cosmoplast Industrial Company, DAGOPLAST AS Designer Women - Designer Women
ChairmanJonathan Rich
Thematic IdeaRubber and Plastic (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Berry Global report their recommendations after researching Berry Global's financial statements, talking to executives and customers, or listening in on Berry Global's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Berry Global Group. The Berry consensus assessment is calculated by taking the average forecast from all of the analysts covering Berry Global.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Berry Global Group based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Berry Global Group financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares137.2 M130.4 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted108.4 M99.6 M
Significantly Up
Decreasing
Stable
Net Cash Flow from OperationsB975 M
Sufficiently Up
Increasing
Slightly volatile
Total Assets9.8 B8.5 B
Fairly Up
Increasing
Slightly volatile
Total Liabilities8.9 B7.5 B
Fairly Up
Increasing
Slightly volatile
Current Assets2.4 BB
Fairly Up
Increasing
Slightly volatile
Current Liabilities1.3 B1.1 B
Fairly Up
Increasing
Slightly volatile
Total Debt6.6 B5.6 B
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.03950.041
Sufficiently Down
Increasing
Slightly volatile
Gross Margin0.210.198
Notably Up
Increasing
Stable
Asset Turnover0.810.858
Notably Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Berry Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Berry Global's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Berry Global's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Berry Global's financial leverage. It provides some insight into what part of Berry Global's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Berry Global's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Berry Global deploys its capital and how much of that capital is borrowed.
Liquidity
Berry Global cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 10.37 B in liabilities with Debt to Equity (D/E) ratio of 3.15, implying the company greatly relies on financing operations through barrowing. Berry Global Group has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Berry Global until it has trouble settling it off, either with new capital or with free cash flow. So, Berry Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Berry Global Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Berry to invest in growth at high rates of return. When we think about Berry Global's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.02 Billion
Berry Global Group (BERY) is traded on New York Stock Exchange in USA. It is located in 101 Oakley Street, Evansville, IN 47710, United States and employs 47,000 people. Berry Global is listed under Rubber and Plastic category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 7.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Berry Global's market, we take the total number of its shares issued and multiply it by Berry Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Berry Global Group conducts business under Consumer Cyclical sector and is part of Packaging & Containers industry. The entity has 135.6 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 2.86 trading days to cover. Berry Global Group currently holds about 582 M in cash with 961 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.3.
Check Berry Global Probability Of Bankruptcy
Ownership
Berry Global holds a total of one hundred thirty-five million six hundred thousand outstanding shares. The majority of Berry Global Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Berry Global Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Berry Global. Please pay attention to any change in the institutional holdings of Berry Global Group as this could imply that something significant has changed or about to change at the company. Also note that nearly one million three hundred fifty-six thousand invesors are currently shorting Berry Global expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Berry Ownership Details

Berry Stock Price Odds Analysis

What are Berry Global's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Berry Global jumping above the current price in 90 days from now is about 83.25%. The Berry Global Group probability density function shows the probability of Berry Global stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3688 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Berry Global will likely underperform. Additionally, the company has an alpha of 0.1541, implying that it can generate a 0.15 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 54.29HorizonTargetOdds Above 54.29
16.57%90 days
 54.29 
83.25%
Based on a normal probability distribution, the odds of Berry Global to move above the current price in 90 days from now is about 83.25 (This Berry Global Group probability density function shows the probability of Berry Stock to fall within a particular range of prices over 90 days) .

Berry Global Historical Income Statement

Berry Global Group Income Statement is one of the three primary financial statements used for reporting Berry's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Berry Global Group revenue and expense. Berry Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Berry Global Cost of Revenue is fairly stable at the moment as compared to the past year. Berry Global reported Cost of Revenue of 5.69 Billion in 2021. Earning Before Interest and Taxes EBIT is likely to rise to about 720.2 M in 2022, whereas Direct Expenses is likely to drop slightly above 5.4 B in 2022. View More Fundamentals

Berry Stock Against Markets

Picking the right benchmark for Berry Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Berry Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Berry Global is critical whether you are bullish or bearish towards Berry Global Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Berry Global without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Berry Global Corporate Directors

Berry Global corporate directors refer to members of a Berry Global board of directors. The board of directors generally takes responsibility for the Berry Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Berry Global's board members must vote for the resolution. The Berry Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Evan Bayh - Independent DirectorProfile
Stephen Sterrett - Lead Independent DirectorProfile
Scott Ullem - Independent DirectorProfile
Idalene Kesner - Independent DirectorProfile

Investing Berry Global Group

You need to understand the risk of investing before taking a position in Berry Global. The danger of trading Berry Global Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Berry Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Berry Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Berry Global Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Berry Global Group information on this page should be used as a complementary analysis to other Berry Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Berry Stock analysis

When running Berry Global Group price analysis, check to measure Berry Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.
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Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
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Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
7.1 B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0456
Return On Equity
0.25
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Berry Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.