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Ball (BALL)
NYSE:BALL
Ball (BALL) Stock Price & Analysis
818 Followers
BALL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.40 - $71.11
Previous Close$59.64
Volume1.67M
Average Volume (3M)2.12M
Market Cap
$18.51B
Enterprise Value$26.45B
Total Cash (Recent Filing)$695.00M
Total Debt (Recent Filing)$8.57B
Price to Earnings (P/E)―
Beta1.13
Next Earnings
Aug 01, 2024EPS Estimate
$0.71Last Dividend Ex-Date
Jun 03, 2024Dividend Yield1.34%
Share Statistics
EPS (TTM)-1.53
Shares Outstanding310,377,752
10 Day Avg. Volume2,906,063
30 Day Avg. Volume2,122,072
Standard Deviation0.08
R-Squared0.31
Alpha-0.00467
Financial Highlights & Ratios
Price to Book (P/B)-10.47
Price to Sales (P/S)1.34
Price to Cash Flow (P/CF)7.40
P/FCF Ratio10.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.39
Enterprise Value/Gross Profit10.51
Enterprise Value/Ebitda13.19
Forecast
1Y Price Target
$74.08Price Target Upside24.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Ball News
PremiumCompany Announcements
Ball Corporation Expands Board, Welcomes New Director Erter
Bulls Say, Bears Say
Bulls Say
Earnings GrowthTargeting consistent 10%+ annual EPS growth driven by 2-3% volume growth, 2x operating leverage and 4-6% share reduction.
Financial StrategyBALL completed the sale of its Aerospace business to BAE Systems for net cash proceeds of $4.5B primarily for debt pay-down and share repurchase.
Operational ExcellenceOperational improvements expected to deliver $500MM in gross cost savings.
Bears Say
Consumer DemandSlower BevCan growth below its prior 4-6% target, which proved too optimistic given the current health of the consumer (higher inflation) and slower growth in domestic US mass beer and energy drinks.
Operating ConditionsThe company continues to navigate a tough operating backdrop, notably the U.S., where there is a dramatic disconnect between the high-end and low-end consumer.
Volume ExpectationsManagement lowered their long term volume expectations to 2-3% from prior global industry volume targets of 4-6%.
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Ownership Overview
16.70% Insiders
37.85% Mutual Funds
21.01% Other Institutional Investors
24.44% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BALL FAQ
What was Ball’s price range in the past 12 months?
Ball lowest stock price was $42.40 and its highest was $71.11 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 25 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 1.34%. 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 6.65%.
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 167M.
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Ball Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$74.08 (24.21% Upside)
$74.08 (24.21% Upside)
Blogger Sentiment
Bullish
BALL Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $349.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.68%
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
$74.08
▲(24.21% Upside)
Technical Analysis
Best Analysts Covering BALL
1 Year
1 Year Success Rate
12/18 ratings generated profit
1 Year Average Return
+3.58%
reiterated a buy rating 20 days ago
Copying George Staphos's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +3.58% per trade.
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