Berry Global Group Inc (NYSE: BERY) has reported E.P.S. of $1.69 for its third fiscal quarter (ending June 30) versus $1.20 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $4.78 versus $5.37 for the same period a year ago.
Recent Price Action
Berry Global Group Inc (NYSE: BERY) stock declined by -4.2% on 8/2/24. The shares closed at $62.92. Moreover, exceptionally high trading volume at 223% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -0.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BERY is expected to continue to be a major Value Builder.
Berry Global Group has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Berry Global Group has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 36, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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