Berry Global Group Inc (NYSE:BERY)
April 16th, 2019
Amidst rising markets Berry Global Group Inc finished Tuesday’s trading session down 0.87%, a ($0.51) decrease to close on $58.31. Despite the drop in price it hit a new 52 week high of $59.09. The next earnings report is expected in approximately 16 days.
BERY was outperformed by the rest of the Materials sector which went up 0.47%.
Analysis results from 9 analysts points to the possibility that Berry Global Group Inc might increase somewhat (6.34%), while Finbox has calculated (with low uncertainty) a fair value price of $59.77.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Financials saw the biggest increase of the day (1.37%), while Real Estate saw the biggest drop (-2.38%). Information Technology has seen the biggest year-to-date gain at 23.78%.
Energy saw the biggest turnaround from its 5-day performance of -1.22%, as it went up 0.64%. Real Estate and Utilities both saw turn arounds from their five day positive performance, Real Estate with a drop of -2.38%.
- Financials went up with a 1.37% change.
- Energy went up with a 0.64% change.
- Industrials went up with a 0.59% change.
- Information Technology went up with a 0.49% change.
- Consumer Discretionary went up with a 0.48% change.
- Materials went up with a 0.47% change.
- Communication Services went up with a 0.21% change.
- Consumer Staples went down with a -0.06% change.
- Utilities went down with a -1.39% change.
- Healthcare went down with a -2.03% change.
- Real Estate went down with a -2.38% change.
Berry Global Group Inc Info
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products. The company operates through three segments: Engineered Materials; Health, Hygiene & Specialties; and Consumer Packaging. The Engineered Materials segment offers engineered materials, including stretch and shrink films, and converter films; trash-can liners and food bags; cloth and foil, splicing and laminating, flame-retardant, flashing and seaming tapes, double-faced cloth, masking, mounting, OEM, and medical and specialty tapes; and food and consumer films, retail bags, and polyvinyl chloride films. The Health, Hygiene & Specialties segment provides medical garment materials, surgical drapes, household cleaning wipes, and face masks for infection prevention; components for baby diapers and other absorbent hygiene products, elastic films and laminates, and substrates for dryer sheets; and products and components of products for corrosion protection, cable wrap, geosynthetics, and specialty filtration products. The Consumer Packaging segment offers containers for branded and private label customers; lightweight polypropylene cups and lids for hot and cold beverages; child-resistant, continuous-thread, and tamper closures, as well as aerosol overcaps; bottles and prescription vials; and extruded and laminate tubes. The company primarily serves household, healthcare, personal care, food and beverage, and industrial markets through direct sales force and distributors in North America, South America, Europe, and Asia. The company was formerly known as Berry Plastics Group, Inc. and changed its name to Berry Global Group, Inc. in April 2017. Berry Global Group, Inc. was founded in 1967 and is headquartered in Evansville, Indiana.
All amounts in USD unless otherwise indicated
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