Stephen Sterrett - Berry Global Lead Independent Director

BERY Stock  USD 58.86  1.26  2.10%   

Director

Mr. Stephen E. Sterrett serves as Independent Director of the Company. Mr. Sterrett was a member of our Board of Directors since January 2015. Mr. Sterrett retired on December 31, 2014 as the Sr. Executive Vice President and Chief Financial Officer of Indianapolisbased Simon Property Group, Inc., a position he held since 2000. From 1993 to 2000 Mr. Sterrett held the position of Treasurer with Simon. Prior to joining the Simon organization in 1988 he was a senior manager with the international accounting firm of Price Waterhouse. Mr. Sterrett currently serves on the boards of Equity Residential and Realty Income Corporationrationration, both SP 500 companies. He also serves on the board of directors of the following not for profit companies the Indiana Golf Association and its Foundation, the Indiana University Center for Real Estate Studies and the Kelley School of Business Deans Council, the Indiana State Seniors Golf Association and Tindley Accelerated Schools since 2019.
Age 65
Tenure 5 years
Professional MarksMBA
Address 101 Oakley Street, Evansville, IN, United States, 47710
Phone812 424 2904
Webhttps://www.berryglobal.com
Sterrett holds a B.S. degree in accounting and an M.B.A. in finance, both from Indiana University.

Berry Global Management Efficiency

The company has return on total asset (ROA) of 0.0436 % which means that it generated a profit of $0.0436 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1706 %, meaning that it created $0.1706 on every $100 dollars invested by stockholders. Berry Global's management efficiency ratios could be used to measure how well Berry Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, Berry Global's Intangibles To Total Assets are fairly stable compared to the past year. Debt To Assets is likely to rise to 0.77 in 2024, whereas Total Assets are likely to drop slightly above 11.1 B in 2024.
The company currently holds 8.98 B in liabilities with Debt to Equity (D/E) ratio of 3.27, implying the company greatly relies on financing operations through barrowing. Berry Global Group has a current ratio of 1.75, which is within standard range for the sector. Debt can assist Berry Global until it has trouble settling it off, either with new capital or with free cash flow. So, Berry Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Berry Global Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Berry to invest in growth at high rates of return. When we think about Berry Global's use of debt, we should always consider it together with cash and equity.

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Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. Berry Global operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 47000 people. Berry Global Group (BERY) is traded on New York Stock Exchange in USA. It is located in 101 Oakley Street, Evansville, IN, United States, 47710 and employs 40,000 people. Berry Global is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification.

Management Performance

Berry Global Group Leadership Team

Elected by the shareholders, the Berry Global's board of directors comprises two types of representatives: Berry Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Berry. The board's role is to monitor Berry Global's management team and ensure that shareholders' interests are well served. Berry Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Berry Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
JeanMarc Galvez, President of Consumer Packaging - International Division
Rodgers Greenawalt, Executive Operations
Jeffrey Bennett, Executive Officer
Mark Miles, Chief Financial Officer, Treasurer
Carl Rickertsen, Independent Director
Thomas Salmon, Chairman of the Board, Chief Executive Officer
Stephen Sterrett, Lead Independent Director
Jeff Bennett, Ex Officer
William Norman, President of Consumer Packaging – North America Division
Paula Sneed, Independent Director
B Bayh, Independent Director
Dustin Stilwell, IR Contact Officer
Debbie Garrison, Executive Officer
Scott Ullem, Independent Director
Idalene Kesner, Independent Director
Curtis Begle, President - Health, Hygiene and Specialties Segment
Kevin Kwilinski, CEO Director
Jason Greene, Executive Vice President, Chief Legal Officer, Secretary
James Till, Executive Vice President Controller
Jill Rahman, Independent Director
Jonathan Foster, Independent Director
Robert Steele, Independent Director
Ronald Rolfe, Independent Director
Michael Hill, President – Engineered Materials Division

Berry Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Berry Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Berry Global Investors Sentiment

The influence of Berry Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Berry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Berry Global's public news can be used to forecast risks associated with an investment in Berry. The trend in average sentiment can be used to explain how an investor holding Berry can time the market purely based on public headlines and social activities around Berry Global Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Berry Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Berry Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Berry Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Berry Global.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berry Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berry Global's short interest history, or implied volatility extrapolated from Berry Global options trading.

Pair Trading with Berry Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berry Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berry Global will appreciate offsetting losses from the drop in the long position's value.

Moving against Berry Stock

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The ability to find closely correlated positions to Berry Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berry Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berry Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berry Global Group to buy it.
The correlation of Berry Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berry Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berry Global Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berry Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Berry Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berry Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berry Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berry Global Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Berry Global's price analysis, check to measure Berry Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.
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Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1.025
Earnings Share
4.7
Revenue Per Share
105.501
Quarterly Revenue Growth
(0.07)
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.