Type
|
Public |
---|---|
Traded as | NYSE: BERY |
Founded | 1967 |
Headquarters | Evansville, Indiana, United States |
Key people
|
Thomas E. (Tom) Salmon, CEO |
Revenue | US$6.4 Billion (FY 2016) |
Operating income
|
US$581 million (FY 2016) |
Number of employees
|
20,000 (September 2014) |
Website | www |
Berry Global, Inc is a global manufacturer and marketer of plastic packaging products. Headquartered in Evansville, Indiana, the company operates over 130 global manufacturing facilities and employed over 25,000 individuals as of the end of financial Year 2012. In April 2017, the name of the company was changed to Berry Global, Inc.
Berry was originally established in 1967 as Imperial Plastics. In recent years, Berry has completed several acquisitions including Mammoth Containers, Sterling Products, Tri-Plas, Alpha Products, PackerWare, Venture Packaging, Virginia Design Packaging, Container Industries, Knight Engineering and Plastics, Cardinal Packaging, Poly-Seal, Landis Plastics, Euromex Plastics S.A. de C.V., Kerr Group, Covalence Specialty Materials (the former Tyco Plastics & Adhesives business), Rollpak, Captive Plastics, MAC Closures, Superfos, and the Pliant Corporation.
Landis Plastics, Inc. was based in Chicago Ridge, Illinois, with five domestic facilities supporting North American customers, manufacturing injection molded and thermoformed plastic packaging for dairy and other food products. Landis had experienced robust organic sales growth of 10.4%(1) over its last 15 years, before its purchase by Berry Plastics in 2003. During 2002, Landis generated $211.6 million of net sales.
In September 2011, Berry Plastics acquired 100% of the capital stock of Rexam SBC for an aggregate purchase price of $351 million ($340 million, net of cash acquired), financing the purchase with cash on hand and existing credit facilities. Rexam produces rigid packaging, notably plastic closures, fitments and dispensing closure systems, and jars. The acquisition was accounted for under the purchase method of accounting, accordingly allocating the purchase price to the identifiable assets and liabilities based on estimated fair values at the acquisition date.
In July 2015, Berry Plastics announced plans to acquire Charlotte, North Carolina-based AVINTIV for $2.45 billion cash.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2022-11-16 | Future report Set alerts | |
Q3 2022 | 2022-08-03 | 2.03 | 2.03 |
Q2 2022 | 2022-05-05 | 1.93 | 1.93 |
Q1 2022 | 2022-02-03 | 1.25 | 1.25 |
Q4 2021 | 2021-11-18 | 1.55 | 1.55 |
Q3 2021 | 2021-08-05 | 1.53 | 1.53 |
Q2 2021 | 2021-05-04 | 1.59 | 1.59 |
Q1 2021 | 2021-02-05 | 1.12 | 1.12 |
Q4 2020 | 2020-11-19 | 0.00 | 0.00 |
Q3 2020 | 2020-07-31 | 1.52 | 1.42 |
2016-07-12 | Initiated Coverage | SunTrust Banks Inc. | Neutral | $42.00 |
2016-06-15 | Reiterated Rating | Deutsche Bank | Buy | |
2016-06-15 | Initiated Coverage | Barclays | Overweight | $45.00 |
2016-06-15 | Reiterated Rating | Deutsche Bank AG | Buy | |
2016-06-15 | Initiated Coverage | Barclays PLC | Overweight | $45.00 |
2016-06-01 | Reiterated Rating | Goldman Sachs | Buy | $50.00 |
2016-06-01 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | $50.00 |
2016-05-18 | Reiterated Rating | Deutsche Bank | Buy | |
2016-05-12 | Initiated Coverage | Goldman Sachs | Buy | $50.00 |
2016-05-12 | Reiterated Rating | Wells Fargo | Buy | |
2016-05-12 | Reiterated Rating | Robert W. Baird | Buy | |
2016-05-12 | Reiterated Rating | Wells Fargo & Co. | Buy | |
2016-05-11 | Boost Price Target | RBC Capital | Outperform | $41.00 to $43.00 |
2016-05-11 | Boost Price Target | Royal Bank Of Canada | Outperform | $41.00 to $43.00 |
2016-02-19 | Initiated Coverage | RBC Capital | Outperform | $38.00 |
2016-02-16 | Lower Price Target | Citigroup Inc. | Buy | $40.00 to $37.00 |
2016-02-13 | Reiterated Rating | Deutsche Bank | Buy | |
2016-02-01 | Reiterated Rating | Credit Suisse | Outperform | $39.00 |
2016-02-01 | Reiterated Rating | Credit Suisse Group AG | Outperform | $39.00 |
2015-12-03 | Reiterated Rating | Robert W. Baird | Outperform | $36.00 to $40.00 |
2015-12-03 | Reiterated Rating | Barclays | Outperform | $39.00 to $42.00 |
2015-11-16 | Boost Price Target | Macquarie | Outperform | $42.00 to $43.00 |
2015-11-16 | Reiterated Rating | Deutsche Bank | Buy | $38.00 to $42.00 |
2015-11-10 | Initiated Coverage | Macquarie | Outperform | $42.00 |
2015-10-15 | Boost Price Target | Citigroup Inc. | $35.00 to $41.00 | |
2015-10-07 | Upgrade | Wells Fargo | Buy | |
2015-09-02 | Initiated Coverage | Citigroup Inc. | Buy | $35.00 |
2015-08-19 | Reiterated Rating | Deutsche Bank | Buy | $38.00 |
2015-08-04 | Lower Price Target | Bank of America | Buy | $41.00 to $39.00 |
2015-08-04 | Reiterated Rating | Deutsche Bank | Buy | $38.00 |
2015-08-04 | Lower Price Target | Bank of America Corp. | Buy | $41.00 to $39.00 |
2015-08-03 | Downgrade | Goldman Sachs | Conviction-Buy to Neutral | $42.00 to $35.00 |
2015-07-18 | Boost Price Target | Credit Suisse | $39.00 to $42.00 | |
2015-07-02 | Reiterated Rating | Barclays | Overweight | $43.00 |
2015-05-04 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $37.00 |
2015-04-15 | Boost Price Target | Citigroup Inc. | Buy | $39.00 to $42.00 |
2015-03-17 | Boost Price Target | Barclays | Overweight | $42.00 to $43.00 |
2015-02-02 | Lower Price Target | Barclays | Overweight | $42.00 to $39.00 |
2015-01-20 | Boost Price Target | Barclays | Overweight | $33.00 to $39.00 |
2015-01-15 | Boost Price Target | Citigroup Inc. | Buy | $36.00 to $39.00 |
2015-01-13 | Set Price Target | Goldman Sachs | Buy | $35.00 |
2014-12-19 | Boost Price Target | Citigroup Inc. | Buy | $30.00 to $36.00 |
2014-12-09 | Lower Price Target | Bank of America | Buy | $33.00 to $31.00 |
2014-12-08 | Boost Price Target | Goldman Sachs | $35.00 | |
2014-11-24 | Boost Price Target | Bank of America | Buy | $29.00 to $31.00 |
2014-11-24 | Boost Price Target | Barclays | Overweight | $30.00 to $33.00 |
2014-11-24 | Boost Price Target | Credit Suisse | Outperform | $30.00 to $33.00 |
2014-11-24 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $26.00 to $31.00 |
2014-10-13 | Upgrade | Barclays | Equal Weight to Overweight | $25.00 to $30.00 |
2014-10-13 | Reiterated Rating | Macquarie | Outperform | $32.00 to $30.00 |
2014-09-24 | Upgrade | Goldman Sachs | Buy to Conviction-Buy | |
2014-09-03 | Initiated Coverage | BMO Capital Markets | Market Perform | $26.00 |
2014-08-04 | Boost Price Target | Bank of America | $29.00 | |
2014-05-22 | Reiterated Rating | Macquarie | Outperform | $28.00 to $30.00 |
2014-04-09 | Initiated Coverage | Credit Suisse | Outperform | $30.00 |
2013-09-18 | Reiterated Rating | Goldman Sachs | Sell | |
2013-09-17 | Reiterated Rating | Robert W. Baird | Outperform | |
2013-05-10 | Reiterated | Barclays | Equal Weight | $17 to $18 |
2012-11-13 | Initiated | Robert W. Baird | Outperform | $20 |
2012-11-13 | Initiated | Deutsche Bank | Buy | $17 |
2012-11-13 | Initiated | Barclays | Equal Weight | $16 |
2016-07-12 | Initiated Coverage | SunTrust Banks Inc. | Neutral | $42.00 |
2016-06-15 | Reiterated Rating | Deutsche Bank | Buy | |
2016-06-15 | Initiated Coverage | Barclays | Overweight | $45.00 |
2016-06-15 | Reiterated Rating | Deutsche Bank AG | Buy | |
2016-06-15 | Initiated Coverage | Barclays PLC | Overweight | $45.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BERY 264 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
EdgePoint Investment Group Inc. | 13.91M |
Vanguard Group, Inc | 11.52M |
Turtle Creek Asset Management Inc. | 6.52M |
BlackRock Inc. | 5.04M |
LSV ASSET MANAGEMENT | 4.52M |
FULLER & THALER ASSET MANAGEMENT, INC. | 4.47M |
BlackRock Institutional Trust Company, N.A. | 3.21M |
FMR LLC | 2.95M |
TIAA CREF INVESTMENT MANAGEMENT LLC | 2.90M |
CANYON CAPITAL ADVISORS LLC | 2.76M |
MACQUARIE GROUP LTD | 2.66M |
EMINENCE CAPITAL, LP | 2.39M |
LYRICAL ASSET MANAGEMENT LP | 2.28M |
ALLIANCEBERNSTEIN L.P. | 2.26M |
STATE STREET CORP | 2.00M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Becker Randall J Chief Operating Officer | 268796.58% (314492) | BERY / |
Kratochvil Jim M. Chief Financial Officer | 209339.32% (244927) | BERY / |
RICH JONATHAN D Chief Executive Officer | 171239.32% (200350) | BERY / |
Unfried Adam See Remarks | 77148.72% (90264) | BERY / |
Miles Mark W EVP & Controller | 45227.35% (52916) | BERY / |
Norman William J President | 40215.38% (47052) | BERY / |
HARRIS JOSHUA | 36968.38% (43253) | APO / BERY / |
SEMINARA ROBERT V | 36968.38% (43253) | BERY / |
Civale Anthony | 36968.38% (43253) | BERY / |
Bayh Evan | 34188.03% (40000) | BERY / FITB / MPC / RLJ / |
Thompson Jeffrey D. EVP & Chief Legal Officer | 27018.80% (31612) | BERY / |
Salmon Tom See Remarks | 21709.40% (25400) | BERY / |
Goldstein Larry See Remarks | 18029.06% (21094) | BERY / |
Kesner Idalene Fay | 11965.81% (14000) | BERY / |
Greene Jason K. EVP - General Counsel | 8760.68% (10250) | BERY / |
Till James EVP - Controller | 8346.15% (9765) | BERY / |
Begle Curt See Remarks | 4574.36% (5352) | BERY / |
SNEED PAULA A | 897.44% (1050) | ARG / BERY / SCHW / TEL / |
RICKERTSEN CARL J | 325.64% (381) | BERY / CNVR / MSTR / NOR / |