40.23 +0.03 (0.09%)
After hours: 4:26PM EDT
|Bid||40.20 x 900|
|Ask||40.21 x 800|
|Day's Range||39.38 - 40.51|
|52 Week Range||36.98 - 59.16|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||17.40|
|Earnings Date||Nov 21, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.10|
Berry Global Group, Inc. (BERY) is pleased to announce its participation in the new recycling initiative, HolyGrail 2.0. The outcome of its predecessor, the Pioneer Project HolyGrail, led by Gian De Belder at Proctor & Gamble, was the identification of digital watermarking (specifically, Digimarc Barcode) as a promising technique to “tag” plastic substrates or print materials (shrink sleeve, IML label, or paper label) with an identity that could include attributes such as plastic type, product manufacturer, product SKU, food or non-food usage, and composition of multi-layer foils. Digimarc Barcode can be added to the printed label/sleeve artwork and/or embossed into the plastic itself.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Berry Global Group, Inc. (BERY), will report its fourth quarter and fiscal year 2019 results on Thursday, November 21, 2019, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance. The telephone numbers to access the conference call are (800) 305-1078 (domestic), or (703) 639-1173 (international), and use the conference ID 2835136.
Plastics maker Berry Global is looking to take advantage of white-hot demand for better-rated leveraged loans and reduce pricing on approximately US$2.03bn in debt as global volatility rippling through the market is causing investors to seek safety in higher-quality assets. Berry, rated Ba3 by Moody’s Investors Service and BB+ by S&P Global Ratings, or one notch below investment grade, is aiming to tighten the margin on a US$1.545bn facility maturing in 2022 and a US$487.5m transaction due in 2024 by 25bp to 200bp over Libor. Institutional investors have also received billions of dollars in loan repayments from double-B rated borrowers since August, including resort developer Las Vegas Sands and payment processor First Data, and are keen to redeploy this capital into similarly-rated debt.
Berry Global's (BERY) share price decreases year to date due to weak performance across its segments. It is likely to rebound on the back of solid product portfolio, buyouts and growth investments.
Berry Global (BERY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Luminus Management was founded in 2002 by Paul Segal, who was the fund’s Management’s President and Portfolio Manager until 2011, when Jonathan Dan Barrett took over the positions. Jonathan Barrett graduated in Accounting from University of Witwatersrand. He started off working in real estate investment, and later he held a position of Director of Merger […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry Global (BERY) delivered earnings and revenue surprises of -10.00% and -3.17%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Seal For Life offers an unrivaled portfolio of corrosion protection and sealing solutions with the highest technical specifications in the industry. The company has operations in the Netherlands, Belgium, India, Mexico, and the United States, with over 380 employees. Seal For Life's complementary brands, including Anodeflex™, Stopaq®, Polyken®, Covalence®, and Powercrete®, present a differentiated value proposition to customers with a focus on preventing and combating corrosion, water ingress, and insulation issues, with superior lifetime economics. The company has annual sales of approximately $120 million. Seal For Life will serve as Arsenal's platform in the coating solutions sector focusing on the global infrastructure and industrial markets. The platform's current and future technology portfolio provides maintenance and repair solutions that prolong the life and durability of critical applications, such as water and oil pipelines, tanks and terminals, power generation and petrochemical infrastructure.
Don't be caught off-guard: Berry Global Group (NYSE: BERY ) releases its next round of earnings this Tuesday, July 30. Want to skip the homework and get all the facts in one place? We thought so. Here ...
Moody's Investors Service has today withdrawn the Baa3 issuer rating of RPC Group PLC (RPC), which was previously under review for downgrade. The withdrawal follows the successful completion of the acquisition of RPC by Berry Global Group Inc. (Berry, Ba3 stable) on 1 July 2019. Moody's has withdrawn the rating and outlook of RPC due to reorganization.
Berry Global (BERY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.