At the time of writing, Berry Global Group Inc [BERY] stock is trading at $69.98, up 1.00%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BERY shares have gain 5.61% over the last week, with a monthly amount glided 3.55%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Berry Global Group Inc [NYSE: BERY] stock has seen the most recent analyst activity on September 04, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $76. Previously, Robert W. Baird downgraded its rating to Neutral on April 16, 2024, and dropped its price target to $65. On March 27, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $68 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $62 on March 15, 2024. Wolfe Research initiated its recommendation with a Peer Perform.
For the past year, the stock price of Berry Global Group Inc fluctuated between $53.92 and $69.93. Currently, Wall Street analysts expect the stock to reach $72.75 within the next 12 months. Berry Global Group Inc [NYSE: BERY] shares were valued at $69.98 at the most recent close of the market. An investor can expect a potential return of 3.96% based on the average BERY price forecast.
Analyzing the BERY fundamentals
According to Berry Global Group Inc [NYSE:BERY], the company’s sales were 12.18B for trailing twelve months, which represents an -2.11% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.31 points at the first support level, and at 68.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.63, and for the 2nd resistance point, it is at 71.27.
Ratios To Look Out For
It is important to note that Berry Global Group Inc [NYSE:BERY] has a current ratio of 1.82. Also, the Quick Ratio is 1.08, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 2.38 and price to earnings (TTM) ratio is 14.95.
Transactions by insiders
Recent insider trading involved Bayh Evan, Director, that happened on Oct 15 ’24 when 14000.0 shares were purchased. Director, Thomas Peter T completed a deal on May 23 ’24 to buy 1000.0 shares. Meanwhile, Chief Financial Officer Miles Mark W sold 84000.0 shares on May 14 ’24.
