Analyst Ratings for Berry Global Group Inc. (BERY)Updated: 2017-07-29
Analysts covering Berry Global Group Inc. (NYSE:BERY) have given it a consensus rating of Buy. BERY had previously received a consensus rating of Buy a month ago.
15 analysts issued ratings on the stock, where 12 gave BERY a buy rating, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for BERY. The maximum price target given was 68, implying potential capital gains of 21.36 percent. The most pessimistic price target was 60, implying a possible loss of 7.09 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.83 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.01 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.04 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 6.41 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of BERY to grow at a rate of 24.03 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. BERY has a PEG ratio of 1.01.
In the trailing 52-weeks, BERY hit 58.95 at the highest peak, while it's lowest trading point was 39.45. Currently the stock is 42.03 percent higher than its low, and 4.95 percent below the high. BERY has a price/earnings ratio of 24.26. Investors typically compare the P/E ratio to a company's peers in the industry. The BERY value stock report compares BERY to some of its peers using value stock charts. The stock has a market capitalization of $7.35 billion. BERY will post this quarters earnings in days, on 0000-00-00.