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Ball (DE:BL8)
FRANKFURT:BL8
Holding DE:BL8?
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BL8 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€40.02 - €65.76
Previous Close€61.62
Volume0.00
Average Volume (3M)69.00
Market Cap
€18.72B
Enterprise Value€22.84B
Total Cash (Recent Filing)$1.35B
Total Debt (Recent Filing)$5.79B
Price to Earnings (P/E)―
Beta0.46
Next Earnings
Oct 31, 2024EPS Estimate
€0.78Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.19%
Share Statistics
EPS (TTM)N/A
Shares Outstanding303,565,423
10 Day Avg. Volume11
30 Day Avg. Volume69
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.69
Price to Sales (P/S)1.58
Price to Cash Flow (P/CF)20.10
P/FCF Ratio25.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.43
Enterprise Value/Gross Profit8.56
Enterprise Value/Ebitda14.69
Forecast
1Y Price Target
€67.99Price Target Upside10.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Ball News
Bulls Say, Bears Say
Bulls Say
Earnings Growth And Financial StrategyThe strategic internal pivot at Ball Corporation to focus on self-improvement via footprint optimization and share buybacks should result in double-digit earnings growth.
Market Leadership And Financial StrengthBALL shares warrant a valuation premium vs. peers given the company's market leadership position, pure play exposure to aluminum packaging, and balance sheet health driving industry leading shareholder returns.
Valuation And Buying OpportunityAn attractive buying opportunity given shares are down 10% since its peak earlier in 2024.
Bears Say
Consumer BehaviorConsumer affordability is undoubtedly impacting purchasing patterns in context of limited customer promotional spending activity in Beverages, which relative to Food, is directionally more discretionary and thus more susceptible to spending shifts.
Growth ExpectationsThe lower growth rate in North America, due to slower domestic beer and energy drinks demand, is the primary driver of the reduction in overall company growth expectation.
Volume PerformanceNorth American category exposure should lead to continued volume underperformance.
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Options Prices
Currently, No data available
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Ownership Overview
0.17% Insiders
33.58% Mutual Funds
0.60% Other Institutional Investors
44.00% Public Companies and
Individual Investors
BL8 FAQ
What was Ball’s price range in the past 12 months?
Ball lowest stock price was €40.02 and its highest was €65.76 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 Oct 31, 2024 which is in 12 days.
How were Ball’s earnings last quarter?
Ball released its earnings results on Aug 01, 2024. The company reported €0.676 earnings per share for the quarter, beating the consensus estimate of €0.638 by €0.038.
Is Ball overvalued?
According to Wall Street analysts Ball’s price is currently Undervalued.
Does Ball pay dividends?
Ball pays a Quarterly dividend of €0.18 which represents an annual dividend yield of 1.19%. See more information on Ball dividends here
What is Ball’s EPS estimate?
Ball’s EPS estimate is €0.78.
How many shares outstanding does Ball have?
Ball has 303,565,430 shares outstanding.
What happened to Ball’s price movement after its last earnings report?
Ball reported an EPS of €0.676 in its last earnings report, beating expectations of €0.638. Following the earnings report the stock price went up 0.857%.
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 150M.
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Ball Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€67.99 (10.34% Upside)
€67.99 (10.34% Upside)
Blogger Sentiment
Bullish
DE:BL8 Sentiment 83%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.50%
12-Months-Change
Fundamentals
Return on Equity
11.03%
Trailing 12-Months
Asset Growth
-6.00%
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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BL8 Earnings Call
Q2 2024
0:00 / 0:00
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BL8 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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BL8 Stock 12 Month Forecast
Average Price Target
€67.99
▲(10.34% Upside)
Technical Analysis
Best Analysts Covering BL8
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+21.20%
upgraded a buy rating 2 months ago
Copying Ghansham Panjabi's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +21.20% per trade.
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