Berry Global Group, Inc. BERY is grappling with persistent supply-chain issues, rising raw material costs, high debt levels and foreign-currency headwinds.The current Zacks Rank #4 (Sell) player has a market capitalization of $7.5 billion. In the past year, the stock has lost 15.7% compared with the industry’s 0.1% decline.Let’s discuss the factors that might continue to take a toll on the firm.Image Source: Zacks Investment ResearchSteep Costs and Expenses: Berry Global has been witnessing inflationary increases in costs and expenses over time. In fiscal 2022 (ended Sep 30, 2022), BERY’s cost of sales increased 6.8% on a year-over-year basis. Also, in the same period, the adjusted operating margin declined 120 basis points on a year-over-year basis to 8.8%. Escalation in raw material price and other costs and challenges related to labor and supply-chain constraints are expected to persist in the quarters ahead, affecting BERY’s margins and profitability.High Debt Level: In the last five fiscal years (2018-2022), the company’s long-term debt witnessed a 9.7% CAGR. BERY’s current and long-term debt remained high at $9,255 million at the end of fourth-quarter fiscal 2022, despite its effort to lower debts. Also, Berry Global’s debt/capital ratio is currently 0.75, higher than 0.64 for the industry. Such high debt levels raise concerns for the company.Forex Woes: Given its widespread presence in the international markets, Berry Global is exposed to unfavorable foreign currency movement. For instance, in fiscal 2022, foreign exchange headwinds had an adverse impact of $420 million on its revenues, year over year. A stronger U.S. dollar might depress BERY's overseas business results in the quarters ahead.Southbound Estimate Trend: In the past 60 days, the Zacks Consensus Estimate for fiscal 2023 (ending September 2023) earnings has been revised 6% downward.Stocks to ConsiderSome better-ranked companies from the Industrial Products sector are discussed below:Applied Industrial Technologies, Inc. AIT presently sports a Zacks Rank #1 (Strong Buy) and has a trailing four-quarter earnings surprise of 24.8%, on average. You can see the complete list of today’s Zacks #1 Rank stocks.AIT’s earnings estimates have increased 4.6% for fiscal 2023 in the past 60 days. Shares of Applied Industrial have risen 24.7% in the past year.MRC Global Inc. MRC presently has a Zacks Rank of 1. MRC’s earnings surprise in the last four quarters was 103%, on average.In the past 60 days, MRC Global’s earnings estimates have increased 42% for 2022. The stock has rallied 56.4% in the past year.Titan International, Inc. TWI presently carries a Zacks Rank #2 (Buy). Its earnings surprise in the last four quarters was 49.6%, on average.In the past 60 days, TWI’s earnings estimates have increased 1.4% for 2022. The stock has surged 74.5% in the past year. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report Titan International, Inc. (TWI): Free Stock Analysis Report Berry Global Group, Inc. (BERY): Free Stock Analysis Report MRC Global Inc. (MRC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research