|Bid||47.88 x 1200|
|Ask||47.89 x 1200|
|Day's Range||47.75 - 48.35|
|52 Week Range||40.50 - 59.16|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||15.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
It might be of some concern to shareholders to see the Berry Global Group, Inc. (NYSE:BERY) share price down 15% in...
Berry Global Group Inc NYSE:BERYView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for BERY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BERY. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.57 billion over the last one-month into ETFs that hold BERY are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Berry Global (BERY) commences senior notes offering worth $3 billion. It intends to use net proceeds for funding the RPC Group buyout and repaying its existing debts.
Moody's Investors Service ("Moody's") confirmed the Ba3 Corporate Family Rating and Ba3-PD Probability of Default Rating of Berry Global Group Inc. Moody's also confirmed all other existing instrument ratings of Berry Global Inc. Moody's assigned a Ba2 rating to the proposed $2.7 billion USD first lien term loan of Berry Global Inc., a Ba2 rating to the proposed Euro equivalent of $1.5 billion first lien term loan of Berry Global Inc., a Ba2 rating to the proposed $2 billion USD first lien senior secured notes of Berry Global Inc. and a B2 rating to the proposed $1 billion USD second lien senior secured notes of Berry Global Inc. Moody's also affirmed the Speculative Grade Liquidity Rating of SGL-2 of Berry Global Group Inc. The outlook is stable. The proceeds will be used to acquire RPC Group PLC (Baa3, Rating Under Review for Downgrade) in an all debt financed transaction valued at approximately $6.5 billion, which includes $4.4 billion for the purchase of RPC's equity, transaction expenses of $0.3 billion and roughly $1.8 billion of balance sheet debt (which will be refinanced as part of this transaction).
Berry Global's (BERY) second-quarter fiscal 2019 revenues decline year over year due to weaker operational performance in Health, Hygiene & Specialties, and Engineered Materials segments.
On a per-share basis, the Evansville, Indiana-based company said it had profit of 55 cents. Earnings, adjusted for one-time gains and costs, came to 84 cents per share. The results fell short of Wall Street ...
Rating Action: Moody's affirms eight classes of JPMCC 2010- C1. Global Credit Research- 01 May 2019. Approximately $198 million of structured securities affected.
The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]
Today we will run through one way of estimating the intrinsic value of Berry Global Group, Inc. (NYSE:BERY) by projecting its future cash flows and then discounting them to today's value. I will use the Discounted Cash Flow (D...
Little known packaging company Berry Global might not look like a growth stock, but it's acting like one. It just made the IBD 50 growth stock list.
RPC Group agreed to the higher takeover offer of 793 pence per share in cash in early March, ditching a lower bid from private equity firm Apollo Global Management LLC. Berry's comments come after analysts said the market was hoping for a higher offer. Berry said on Friday it reserves the right to increase the offer if another party comes with an offer or a possible offer for RPC.
Plastics maker Berry Global Group Inc ruled out further sweetening of its 3.34 billion pound ($4.39 billion) bid for British packaging company RPC Group , calling the offer final. RPC Group agreed to the higher takeover offer of 793 pence per share in cash in early March, ditching a lower bid from private equity firm Apollo Global Management LLC. Berry's comments come after analysts said the market was hoping for a higher offer.
Berry Global Group, Inc. (NYSE:BERY), which is in the packaging business, and is based in United States, led the NYSE gainers with a relatively large price hike in the pastRead More...
The review follows the announcement that Berry has entered into an agreement to acquire RPC Group PLC (Baa3, Rating Under Review for Downgrade) in an all debt financed transaction valued at approximately $6.5 billion, which includes $4.4 billion for the purchase of RPC's equity, transaction expenses of $0.3 billion and roughly $1.8 billion of balance sheet debt, which will need to be refinanced. RPC shareholders will receive GBP7.93 in cash per share.
Advised by a team led by the U.S. investment bank and lender Wells Fargo & Co., packaging group Berry Global Group Inc on Friday robbed Apollo Global Management of the acquisition of U.K. peer RPC Group Plc. The transaction shows off Berry’s tactical cunning and opportunism, and exposes a miscalculation by Apollo. To recap, RPC used its last annual meeting to hint it was open to bids. It’s likely that other bidders, Berry among them, had a tentative sniff around back then. But by January Bain had walked and the only formal bid was Apollo’s 782 pence a share offer, which RPC accepted.
RPC, Europe's biggest plastic packaging group, said on Friday it had revoked support for Apollo's offer in favour of Berry Global and said its directors would recommend shareholders to vote in favour of the new offer. Berry's offer of 793 pence in cash for each RPC share is 1.4 percent higher than Apollo's offer, and represents a premium of 3.5 percent to RPC's closing price on Jan. 30, the last day before Berry said it was weighing a bid for RPC.