Berry Global Stock Fair Value – Raymond James Financial Services Advisors Reduces Stake in Berry Global Group,

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Raymond James Financial Services Advisors Inc. recently reduced its holdings in Berry Global ($NYSE:BERY) Group, Inc. (BERRY), a leading global manufacturer and marketer of plastic packaging and materials. BERRY specializes in the production of rigid, flexible, and specialty plastic packaging items for a range of industries, including healthcare, food and beverage, industrial and consumer products, and more. BERRY’s products are used to safely package items such as food, dairy, beverages, and pharmaceuticals, as well as for applications like airless pumps and specialty containers. Its products are sold to retail customers, foodservice companies, and industrial customers through a network of sales representatives.

BERRY has been consistently profitable over the years, with strong margins and robust cash flow. It has also remained competitive by continuously developing new products and utilizing efficient manufacturing processes.

Price History

At the same time, the stock price of BERRY GLOBAL opened the day at $55.0 and closed at $55.8, representing a modest increase of 1.4% from its previous closing price of $55.0. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Berry Global. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Berry Global. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Berry Global. More…

Key Ratios Snapshot

Some of the financial key ratios for Berry Global are shown below. More…

Analysis – Berry Global Stock Fair Value

At GoodWhale, our mission is to help investors make more informed decisions by providing in-depth research and analysis. Recently, we put our expertise to work by evaluating BERRY GLOBAL, a multinational company in the consumer packaging industry. We wanted to assess their wellbeing, so we conducted a full analysis of their financials and operations. After careful consideration, we determined that the fair value of BERRY GLOBAL’s share is currently around $77.9, which was calculated using our proprietary Valuation Line. Unfortunately, at the time of writing, BERRY GLOBAL’s stock is being traded at $55.8, which is significantly lower than the fair value of $77.9, creating an undervalued opportunity of 28.4%. We believe this presents a great buying opportunity for investors looking for a good return on their investment. More…

Peers

Berry Global Group Inc is one of the world’s largest plastic packaging providers and competes with leading international companies such as Huhtamäki Oyj, Southern Packaging Group Ltd, and Xiamen Jihong Technology Co Ltd. These companies produce a range of plastic packaging solutions for various markets around the world, offering a variety of products, services, and technologies.

– Huhtamäki Oyj ($LTS:0K9W)

Huhtamäki Oyj is a Finnish manufacturer of packaging solutions and services. It is a global leader in packaging, with operations in 35 countries and sales in more than 70 countries. With a market cap of 3.51B in 2022, the company is well-positioned to capitalize on the increasing demand for sustainable and innovative packaging solutions. Furthermore, Huhtamäki Oyj has an impressive Return on Equity of 14.22%, illustrating the company’s strong financial performance and returns for shareholders.

– Southern Packaging Group Ltd ($SGX:BQP)

Southern Packaging Group Ltd is a leading packaging solutions provider based in the United Kingdom. The company specializes in providing innovative and cost-effective packaging solutions to a wide range of industries, including food, beverage, pharmaceutical and medical device manufacturing. As of 2022, Southern Packaging Group Ltd has a market cap of 29.89M and a Return on Equity of 1.31%. The company’s market cap reflects its strong position in the industry and its ability to provide high quality, competitively priced products and services. Its return on equity indicates the company’s success in generating profits from its investments.

– Xiamen Jihong Technology Co Ltd ($SZSE:002803)

Xiamen Jihong Technology Co Ltd is a leading Chinese technology company that specializes in the development and sale of smart home, communications, and network products. With a market cap of 5.72B as of 2022, the company has exhibited strong financial performance and has become one of the largest firms in the technology sector. Xiamen Jihong Technology Co Ltd also boasts an impressive Return on Equity of 6.53%, indicating that the company is successfully generating profits for its investors. The company’s success is driven by its commitment to developing innovative products and services that solve customers’ needs.

Summary

Investing analysis of Berry Global Group, Inc. (BERRY) has been downgraded by Raymond James Financial Services Advisors Inc., who recently reduced their holdings in the company. The decrease in holdings was a result of a careful analysis of the stock’s financial performance and prospects. The company’s financials have also been hurt by high levels of debt, which have resulted in a higher interest expense. Further, there is increasing competition in the market for plastic packaging products, which may further limit BERRY’s growth potential.

Despite these issues, BERRY has continued to make strategic acquisitions and innovations to increase their market share and remain competitive. Investors should carefully consider their financial outlook before investing in BERRY.