BPC Acquisition Corp (NYSE:BERY) released its quarterly earnings data on Thursday. The industrial products company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08, Briefing.com reports. The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.91 billion. BPC Acquisition Corp had a net margin of 4.49% and a return on equity of 76.66%. The firm’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 earnings per share.

Shares of BPC Acquisition Corp (NYSE:BERY) opened at $59.61 on Friday. BPC Acquisition Corp has a one year low of $45.47 and a one year high of $61.19. The company has a current ratio of 1.82, a quick ratio of 1.09 and a debt-to-equity ratio of 6.91. The firm has a market cap of $7,810.00, a PE ratio of 19.85, a P/E/G ratio of 0.86 and a beta of 1.08.

In related news, President Curt Begle sold 5,440 shares of BPC Acquisition Corp stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $60.03, for a total transaction of $326,563.20. Following the sale, the president now directly owns 5,440 shares in the company, valued at $326,563.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 34,378 shares of company stock worth $2,063,324. Company insiders own 3.11% of the company’s stock.

BERY has been the subject of a number of research reports. SunTrust Banks, Inc. reissued a “buy” rating and set a $65.00 price target on shares of BPC Acquisition Corp in a report on Monday, October 2nd. Robert W. Baird reissued a “buy” rating and set a $65.00 price target on shares of BPC Acquisition Corp in a report on Friday, September 1st. Citigroup Inc. reissued a “buy” rating on shares of BPC Acquisition Corp in a report on Thursday, August 31st. Jefferies Group LLC reissued a “buy” rating and set a $67.00 price target on shares of BPC Acquisition Corp in a report on Thursday, August 31st. Finally, UBS AG started coverage on shares of BPC Acquisition Corp in a report on Tuesday, July 25th. They set a “buy” rating and a $67.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $65.00.

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BPC Acquisition Corp Company Profile

Berry Global Group, Inc, formerly Berry Plastics Group, Inc, is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. The Company offers products, such as closures, prescription vials, specialty films, adhesives, nonwovens, drink cups, containers and bottles.

Earnings History for BPC Acquisition Corp (NYSE:BERY)

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