Strong Upside Expected for Berry Group Stock

BerryBerry Global Group Inc. (NYSE: BERY) is a specialty materials company that develops nonwoven engineered materials and consumer packaging. Its products are used for foodservice items, bottles, drug packaging, storage tubes, and a range of different containers.

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As an industry-focused company, Berry receives minimal public exposure. However, its financials make it a compelling stock to consider. It has increased revenue for five consecutive years. At the end of the 2019 fiscal year, revenue was up by 12.82% while gross income was up by 11.92%. It is profitable with a gross margin of 16.05% and an EBITDA margin of 16.39%.

Earnings are expected to increase by 14.72% per year for the foreseeable future. The stock is currently trading below its expected market value, with an average target price of $61.79 achievable in the short-term.

Even during the Coronavirus Pandemic, the company has outperformed expectations. Net sales were up by 50.2% in the most recent quarter. For a resilient company with an expected upside, this is one of the best stock picks today.

Key Data:

  • 1 Year Price Growth: 95%
  • YTD Price Growth: 38%
  • 3 Month Price Growth: 56%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

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