The stock of Berry Global Group Inc (BERY) has seen a 0.34% increase in the past week, with a 4.90% gain in the past month, and a 9.39% flourish in the past quarter. The volatility ratio for the week is 1.42%, and the volatility levels for the past 30 days are at 1.54% for BERY. The simple moving average for the past 20 days is 2.34% for BERY’s stock, with a 12.27% simple moving average for the past 200 days.
Is It Worth Investing in Berry Global Group Inc (NYSE: BERY) Right Now?
The price-to-earnings ratio for Berry Global Group Inc (NYSE: BERY) is above average at 15.53x. The 36-month beta value for BERY is also noteworthy at 1.15. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for BERY is 115.25M, and at present, short sellers hold a 3.37% of that float. The average trading volume of BERY on January 30, 2025 was 1.61M shares.
BERY) stock’s latest price update
Berry Global Group Inc (NYSE: BERY)’s stock price has plunge by -0.60relation to previous closing price of 68.67. Nevertheless, the company has seen a 0.34% surge in its stock price over the last five trading sessions. businesswire.com reported 2025-01-29 that NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Berry Global Group, Inc. (NYSE: BERY) to Amcor plc (NYSE: AMCR). Upon closing of the proposed transaction, Berry shareholders will own approximately 63% of the combined company. KSF is seeking to determine whether the transaction and the process that led to it are adequate, or whether the transaction is fair t.
Analysts’ Opinion of BERY
Many brokerage firms have already submitted their reports for BERY stocks, with JP Morgan repeating the rating for BERY by listing it as a “Overweight.” The predicted price for BERY in the upcoming period, according to JP Morgan is $76 based on the research report published on November 25, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see BERY reach a price target of $76. The rating they have provided for BERY stocks is “Neutral” according to the report published on November 25th, 2024.
UBS gave a rating of “Neutral” to BERY, setting the target price at $75 in the report published on November 22nd of the previous year.
BERY Trading at 0.87% from the 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, the company was unable to rebound, for now settling with -6.89% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares surge +4.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.88% upper at present.
During the last 5 trading sessions, BERY rose by +0.34%, which changed the moving average for the period of 200-days by +16.05% in comparison to the 20-day moving average, which settled at $66.70. In addition, Berry Global Group Inc saw 5.55% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BERY starting from RICKERTSEN CARL J, who proposed sale 23,145 shares at the price of $70.73 back on Dec 04 ’24. After this action, RICKERTSEN CARL J now owns shares of Berry Global Group Inc, valued at $1,637,107 using the latest closing price.
RICKERTSEN CARL J, the Director of Berry Global Group Inc, proposed sale 6,246 shares at $68.05 during a trade that took place back on Nov 20 ’24, which means that RICKERTSEN CARL J is holding shares at $425,068 based on the most recent closing price.
Stock Fundamentals for BERY
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.17 for the gross margin
The net margin for Berry Global Group Inc stands at 0.04. The total capital return value is set at 0.08. Equity return is now at value 15.12, with 3.01 for asset returns.
Based on Berry Global Group Inc (BERY), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 2.45. The interest coverage ratio of the stock is 3.29.
Currently, EBITDA for the company is 937.0 million with net debt to EBITDA at 4.53. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 7.64for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
Conclusion
In summary, Berry Global Group Inc (BERY) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
