Berry Plastics Group Inc. (NYSE:BERY) will announce its earnings results before the market opens on Thursday, November 17th. Analysts expect the company to announce earnings of $0.59 per share for the quarter.

Earnings History for Berry Plastics Group (NYSE:BERY)

Berry Plastics Group Inc. (NYSE:BERY) opened at 45.56 on Wednesday. Berry Plastics Group Inc. has a one year low of $27.79 and a one year high of $46.37. The firm has a 50-day moving average price of $44.30 and a 200 day moving average price of $41.58. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 27.25 and a beta of 1.07.

In other news, President Curt Begle sold 15,266 shares of the business’s stock in a transaction that occurred on Tuesday, August 23rd. The stock was sold at an average price of $44.05, for a total value of $672,467.30. Following the sale, the president now directly owns 33,854 shares of the company’s stock, valued at approximately $1,491,268.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 2.70% of the company’s stock.

Several hedge funds have recently modified their holdings of BERY. Westfield Capital Management Co. LP boosted its stake in shares of Berry Plastics Group by 17.7% in the second quarter. Westfield Capital Management Co. LP now owns 884,320 shares of the company’s stock worth $34,356,000 after buying an additional 132,810 shares in the last quarter. Stevens Capital Management LP bought a new stake in shares of Berry Plastics Group during the second quarter worth approximately $2,961,000. Raymond James & Associates boosted its stake in shares of Berry Plastics Group by 20.4% in the second quarter. Raymond James & Associates now owns 138,316 shares of the company’s stock worth $5,374,000 after buying an additional 23,416 shares in the last quarter. Teachers Advisors Inc. boosted its stake in shares of Berry Plastics Group by 12.0% in the second quarter. Teachers Advisors Inc. now owns 1,415,334 shares of the company’s stock worth $54,986,000 after buying an additional 151,793 shares in the last quarter. Finally, Pacad Investment Ltd. boosted its stake in shares of Berry Plastics Group by 27.6% in the second quarter. Pacad Investment Ltd. now owns 19,141 shares of the company’s stock worth $744,000 after buying an additional 4,141 shares in the last quarter.

A number of equities research analysts have recently weighed in on BERY shares. Zacks Investment Research raised Berry Plastics Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 25th. BMO Capital Markets boosted their target price on Berry Plastics Group from $37.00 to $43.00 and gave the company a “market perform” rating in a research note on Friday, August 26th. Jefferies Group reissued a “buy” rating and issued a $52.00 target price on shares of Berry Plastics Group in a research note on Thursday, October 20th. JPMorgan Chase & Co. started coverage on Berry Plastics Group in a research note on Tuesday, September 13th. They issued an “overweight” rating and a $54.00 target price for the company. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $56.00 target price (up previously from $52.00) on shares of Berry Plastics Group in a research note on Monday, August 29th. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $48.64.

Berry Plastics Group Company Profile

Berry Plastics Group, Inc is a provider of plastic consumer packaging and engineered materials. The Company offers a range of products, including specialty closures, prescription vials, specialty films, adhesives, corrosion protection materials, as well as drink cups, thin-wall containers and bottles.

5 Day Chart for NYSE:BERY

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