On Tuesday, Berry Global Group Inc (NYSE: BERY) opened lower -1.41% from the last session, before settling in for the closing price of $67.61. Price fluctuations for BERY have ranged from $49.63 to $73.31 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 7.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted -15.14% at the time writing. With a float of $114.73 million, this company’s outstanding shares have now reached $115.00 million.
In an organization with 42000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.43%, operating margin of 8.35%, and the pretax margin is 4.98%.
Berry Global Group Inc (BERY) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Berry Global Group Inc is 0.41%, while institutional ownership is 99.54%. The most recent insider transaction that took place on Dec 04 ’24, was worth 1,637,107. Before that another transaction happened on Nov 20 ’24, when Company’s Director proposed sale 6,246 for $68.05, making the entire transaction worth $425,068.
Berry Global Group Inc (BERY) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -15.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.43% during the next five years compared to 7.87% growth over the previous five years of trading.
Berry Global Group Inc (NYSE: BERY) Trading Performance Indicators
Check out the current performance indicators for Berry Global Group Inc (BERY). In the past quarter, the stock posted a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 8.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 6.90 in one year’s time.
Technical Analysis of Berry Global Group Inc (BERY)
Let’s dig in a bit further. During the last 5-days, its volume was 1.53 million. That was better than the volume of 1.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.41%. Additionally, its Average True Range was 1.48.
During the past 100 days, Berry Global Group Inc’s (BERY) raw stochastic average was set at 51.14%, which indicates a significant increase from 3.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.92% in the past 14 days, which was lower than the 25.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $68.98, while its 200-day Moving Average is $63.62. However, in the short run, Berry Global Group Inc’s stock first resistance to watch stands at $67.39. Second resistance stands at $68.13. The third major resistance level sits at $68.61. If the price goes on to break the first support level at $66.17, it is likely to go to the next support level at $65.69. The third support level lies at $64.95 if the price breaches the second support level.
Berry Global Group Inc (NYSE: BERY) Key Stats
There are currently 115,200K shares outstanding in the company with a market cap of 7.68 billion. Presently, the company’s annual sales total 12,258 M according to its annual income of 516,000 K. Last quarter, the company’s sales amounted to 3,168 M and its income totaled 148,000 K.
