Currently, there are 115.70M common shares owned by the public and among those 115.34M shares have been available to trade.
The company’s stock has a 5-day price change of -1.97% and -1.59% over the past three months. BERY shares are trading 4.50% year to date (YTD), with the 12-month market performance up to 30.18% higher. It has a 12-month low price of $51.96 and touched a high of $74.24 over the same period. BERY has an average intraday trading volume of 1.91 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.19%, -2.78%, and 3.11% respectively.
Institutional ownership of Berry Global Group Inc (NYSE: BERY) shares accounts for 88.13% of the company’s 115.70M shares outstanding.
It has a market capitalization of $7.83B and a beta (3y monthly) value of 1.11. The stock’s trailing 12-month PE ratio is 16.83, while the earnings-per-share (ttm) stands at $4.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.82% over the week and 3.34% over the month.
Earnings per share for the fiscal year are expected to decrease by -17.73%, and 8.40% over the next financial year. EPS should shrink at an annualized rate of -1.86% over the next five years, compared to 7.87% over the past 5-year period.
Looking at the support for the BERY, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on November 25, 2024, with the firm’s price target at $70-$76. Citigroup coverage for the Berry Global Group Inc (BERY) stock in a research note released on November 25, 2024 offered a Neutral rating with a price target of $76. UBS was of a view on November 22, 2024 that the stock is Neutral, while Morgan Stanley gave the stock Equal-Weight rating on September 04, 2024, issuing a price target of $76. Robert W. Baird on their part issued Neutral rating on April 16, 2024.
