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Ball (BALL)
NYSE:BALL
Ball (BALL) Stock Price & Analysis
803 Followers
BALL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.52 - $71.32
Previous Close$70.03
Volume1.65M
Average Volume (3M)1.88M
Market Cap
$21.74B
Enterprise Value$30.60B
Total Cash (Recent Filing)$955.00M
Total Debt (Recent Filing)$9.75B
Price to Earnings (P/E)-45.6
Beta1.15
Next Earnings
Aug 01, 2024EPS Estimate
$0.71Next Dividend Ex-Date
Jun 03, 2024Dividend Yield1.14%
Share Statistics
EPS (TTM)-1.53
Shares Outstanding310,377,752
10 Day Avg. Volume2,096,972
30 Day Avg. Volume1,880,436
Standard Deviation0.08
R-Squared0.30
Alpha-0.00214
Financial Highlights & Ratios
Price to Book (P/B)-11.95
Price to Sales (P/S)1.42
Price to Cash Flow (P/CF)8.50
P/FCF Ratio11.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.77
Enterprise Value/Gross Profit12.18
Enterprise Value/Ebitda15.25
Forecast
1Y Price Target
$72.92Price Target Upside3.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ball News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's assessment indicates robust financial performance as 1Q24 results show a comfortable beat on EBIT and EPS estimates due to encouraging volume improvement and favorable operating execution across regions.
Market GrowthThe beverage can sector is seeing a positive shift with Ball Corporation experiencing stronger-than-expected demand in North America and EMEA, coupled with new contract wins that are set to maintain stable volume levels.
Operational EfficiencyBall Corporation's strategic sale of its Aerospace unit to BAE Systems has streamlined its business focus on aluminum beverage can packaging while enabling significant debt reduction and share repurchase programs.
Bears Say
Economic EnvironmentIndustry is likely barreling into a pseudo-stagflation type backdrop assuming the recent inflation up-tick sustains.
Geopolitical RisksThe conflict in the Middle East remains a risk, potentially affecting energy prices and thereby impacting demand and costs.
Regional Market ChallengesNorth/Central America volume declined 2.4% due to the Bud Light disruption, showing regional challenges.
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Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
BALL FAQ
What was Ball’s price range in the past 12 months?
Ball lowest stock price was $42.52 and its highest was $71.32 in the past 12 months.
What is Ball’s market cap?
Currently, no data Available
When is Ball’s upcoming earnings report date?
Ball’s upcoming earnings report date is Aug 01, 2024 which is in 78 days.
How were Ball’s earnings last quarter?
Ball released its earnings results on Apr 26, 2024. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.13.
Is Ball overvalued?
According to Wall Street analysts Ball’s price is currently Undervalued.
Does Ball pay dividends?
Ball pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.14%. See more information on Ball dividends here
What is Ball’s EPS estimate?
Ball’s EPS estimate is $0.71.
How many shares outstanding does Ball have?
Ball has 310,377,750 shares outstanding.
What happened to Ball’s price movement after its last earnings report?
Ball reported an EPS of $0.68 in its last earnings report, beating expectations of $0.55. Following the earnings report the stock price went up 6.646%.
Which hedge fund is a major shareholder of Ball?
Among the largest hedge funds holding Ball’s share is Mirova US LLC. It holds Ball’s shares valued at 145M.
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Ball Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$72.92 (3.39% Upside)
$72.92 (3.39% Upside)
Blogger Sentiment
Bullish
BALL Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.41%
12-Months-Change
Fundamentals
Return on Equity
11.11%
Trailing 12-Months
Asset Growth
-1.05%
Trailing 12-Months
Company Description
Ball
Colorado-based Ball Corp. was founded in 1880 and provides aluminum packaging products to the beverage, personal care, automotive, paint, healthcare, and household products industries. It operates in four segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; and Aerospace.
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BALL Earnings Call
Q1 2024
0:00 / 0:00
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BALL Net sales Breakdown
42.50% Beverage packaging, North and Central America
24.20% Beverage packaging, EMEA
14.02% Aerospace
13.97% Beverage packaging, South America
5.30% Other
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BALL Stock 12 Month Forecast
Average Price Target
$72.92
▲(3.39% Upside)
Technical Analysis
Best Analysts Covering BALL
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+5.74%
reiterated a buy rating 27 days ago
Copying George Staphos's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +5.74% per trade.
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