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In the latest session, Berry Global Group Inc (NYSE: BERY) closed at $66.23 down -0.12% from its previous closing price of $66.31. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.53 million shares were traded. BERY stock price reached its highest trading level at $66.675 during the session, while it also had its lowest trading level at $65.48.
Ratios:
For a deeper understanding of Berry Global Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 2.77 whereas as Long-Term Debt/Eq ratio is at 2.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on September 04, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $76.
On April 16, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $68 to $65.
Truist Downgraded its Buy to Hold on March 27, 2024, whereas the target price for the stock was revised from $75 to $68.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 ’24 when Thomas Peter T bought 1,000 shares for $59.50 per share. The transaction valued at 59,500 led to the insider holds 4,407 shares of the business.
Miles Mark W sold 84,000 shares of BERY for $5,038,320 on May 14 ’24. The Chief Financial Officer now owns 118,954 shares after completing the transaction at $59.98 per share. On May 15 ’24, another insider, Miles Mark W, who serves as the Chief Financial Officer of the company, sold 1,118 shares for $60.29 each. As a result, the insider received 67,404 and left with 119,384 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BERY now has a Market Capitalization of 7599098368 and an Enterprise Value of 16515957760. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.15, and their Forward P/E ratio for the next fiscal year is 8.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 1.356 whereas that against EBITDA is 8.371.
Stock Price History:
Over the past 52 weeks, BERY has reached a high of $69.93, while it has fallen to a 52-week low of $53.92. The 50-Day Moving Average of the stock is 0.44%, while the 200-Day Moving Average is calculated to be 6.30%.
Shares Statistics:
For the past three months, BERY has traded an average of 802.68K shares per day and 786030 over the past ten days. A total of 115.50M shares are outstanding, with a floating share count of 114.19M. Insiders hold about 0.35% of the company’s shares, while institutions hold 100.14% stake in the company. Shares short for BERY as of 1726185600 were 5149918 with a Short Ratio of 6.42, compared to 1723680000 on 4711754. Therefore, it implies a Short% of Shares Outstanding of 5149918 and a Short% of Float of 5.84.
Dividends & Splits
According to the company, the forward annual dividend rate for BERY is 1.10, from 1.075 in the trailing year. Against a Trailing Annual Dividend Yield of 0.016211733
