With 2.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.56 million shares. The 52-week range on BERY shows that it touched its highest point at $73.31 and its lowest point at $50.71 during that stretch. It currently has a 1-year price target of $74.80. With its current market cap of 8.42 billion, BERY has annualized dividend of $1.14 while the current yield stands at 1.56%. Beta for the stock currently stands at 1.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BERY was up-trending over the past week, with a rise of 4.02%, but this was up by 6.24% over a month. Three-month performance surged to 8.88% while six-month performance rose 22.02%. The stock gained 35.66% in the past year, while it has gained 12.46% so far this year. A look at the trailing 12-month EPS for BERY yields 4.01 with Next year EPS estimates of 6.80. For the next quarter, that number is 1.59. This implies an EPS growth rate of -17.26% for this year and 7.82% for next year. EPS is expected to decline by -2.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.87%.
Float and Shares Shorts:
At present, 115.70 million BERY shares are outstanding with a float of 115.30 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BERY since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.24578 being high and $7.00679 being low. For BERY, this leads to a yearly average estimate of $7.01602. Based on analyst estimates, the high estimate for the next quarter is $1.9 and the low estimate is $1.71. The average estimate for the next quarter is thus $1.8.
