Berry Global Group, Inc. (NYSE:BERY) went up by 9.65% from its latest closing price when compared to the 1-year high value of $59.16 and move down -78.95%, while BERY stocks collected +17.44% of gains with the last five trading sessions. Press Release reported on 03/10/20 that Berry Global Produces Materials Critical for Coronavirus Defense; Expands Wipes Capacity
Berry Global Group, Inc. (NYSE:BERY) Worth an Investment?
Berry Global Group, Inc. (NYSE: BERY) scored price to earnings ratio above its average ratio, recording 12.34 times of increase in earnings at the present.
BERY Market Performance
BERY stocks went up by 17.44% for the week, with the monthly drop of -20.20% and a quarterly performance of -30.24%, while its annual performance rate touched -39.53%. The simple moving average for the period of the last 20 days is 1.71% for BERY stocks with the simple moving average of -23.81% for the last 200 days.
Analysts’ Opinion on Berry Global Group, Inc. (NYSE:BERY)
Many brokerage firms have already submitted their reports for BERY stocks, with Credit Suisse repeating the rating for BERY shares by setting it to “Outperform”. The predicted price for BERY socks in the upcoming period according to Credit Suisse is $62 based on the research report published on February 13, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see BERY stock at the price of $51. The rating they have provided for BERY stocks is “Buy” according to the report published on September 25, 2019.
Goldman gave “Buy” rating to BERY stocks, setting the target price at $52 in the report published on August 22, 2019.
BERY Stocks -16.77% Far from 50 Day Moving Average
After a stumble in the market that brought BERY to its low price for the period of the last 52 weeks, Berry Global Group, Inc. was unable to take a rebound, for now settling with -44.12% of loss for the given period.
The stock volatility was left at 8.73%, however, within the period of a single month, the volatility rate increased by 11.40%, while the shares sank at the distance of -14.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -27.37% lower at the present time.
In the course of the last 5 trading sessions, BERY went up by +17.44%, which changed the moving average for the period of 200 days to the total of -34.55% of losses for the stock in comparison to the 20-day moving average settled at $32.21. In addition, Berry Global Group, Inc. saw -30.39% in overturn over the period of a single year with a tendency to cut further losses.
BERY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Berry Global Group, Inc. (BERY), starting from Greene Jason K., who sold 10,000 shares at the price of $57.50 back on Apr 11. After this action, Rushing now owns 250 shares of Berry Global Group, Inc., valued at $575,000 with the latest closing price.
BERY Stock Fundamentals
The current profitability levels are settled at +9.48 for the present operating margin and +16.05 for gross margin. The net margin for Berry Global Group, Inc. stands at +4.55. Total capital return value is set at 8.31, while invested capital returns managed to touch 4.02. Equity return holds the value 22.40%, with 2.80% for asset returns.
Based on Berry Global Group, Inc. (BERY), the company’s capital structure generated 702.41 points for debt to equity in total, while total debt to capital is set at the value of 87.54. Total debt to assets is settled at the value of 69.01 with long-term debt to equity ratio rests at 2.37 and long-term debt to capital is 695.98.
The value for Enterprise to Sales is 1.66 with debt to enterprise value settled at 0.71. The receivables turnover for Berry Global Group, Inc. is 7.20 with the total asset turnover at the value of 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.