Berry Global has
performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0559, which signifies not very significant fluctuations relative to the market. Let's try to break down what Berry's beta means in this case. As returns on the market increase, returns on owning Berry Global are expected to decrease at a much lower rate. During the bear market, Berry Global is likely to outperform the market. Although it is extremely important to respect
Berry Global Group historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By analyzing
Berry Global Group technical indicators, you can presently evaluate if the expected return of 0.0411% will be sustainable into the future.
Berry Global Group right now shows a risk of 1.74%. Please confirm Berry Global Group
value at risk, as well as the
relationship between the kurtosis and
market facilitation index to decide if Berry Global Group will be following its
price patterns.
What is the right price you would pay to acquire a share of Berry Global? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Berry Global Group this year
Annual and quarterly reports issued by Berry Global Group are formal
financial statements that are published yearly and quarterly and sent to Berry stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Berry Global often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Berry Global Gross Profit
Berry Global Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Berry Global previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Berry Global Gross Profit growth over the last 10 years. Please check Berry Global's
gross profit and other
fundamental indicators for more details.
A Deeper Perspective
Earning per share calculations of the firm is based on official Zacks consensus of 6 analysts regarding Berry Global's future annual earnings. Given the historical accuracy of 90.27%, the future earnings per share of the company is estimated to be 4.51 with the lowest and highest values of 4.44 and 4.64, respectively. Please note that this consensus of annual earnings estimates for Berry Global Group is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Berry a risky opportunity?
Let's check the volatility. Berry is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Berry (NYSE:BERY) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a Berry Global stock makes you a part-owner of that company.
Berry Global Group Current Consensus
Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Berry Global Group. The Berry consensus assessment is calculated by taking the average estimates from all of the analysts covering Berry Global
| Strong Buy | 8 | 66.67 |
| Buy | 1 | 8.33 |
| Hold | 3 | 25.0 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
How will Berry investors react to the next slide?
Current total risk alpha is at -0.16. Berry Global Group has relatively low volatility with skewness of 0.0 and kurtosis of 0.27. However, we advise all investors to independently investigate Berry Global Group to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.
When is the right time to buy or sell Berry Global Group? Buying stocks such as Berry Global isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Berry as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Berry Global.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Berry Global Group. Please refer to our
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