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Ball (BALL)
NYSE:BALL
Holding BALL?
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BALL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.81 - $71.32
Previous Close$66.52
Volume646.60K
Average Volume (3M)1.72M
Market Cap
$20.36B
Enterprise Value$24.71B
Total Cash (Recent Filing)$1.35B
Total Debt (Recent Filing)$5.79B
Price to Earnings (P/E)―
Beta0.96
Next Earnings
Oct 31, 2024EPS Estimate
$0.86Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.19%
Share Statistics
EPS (TTM)-1.57
Shares Outstanding303,565,423
10 Day Avg. Volume1,249,116
30 Day Avg. Volume1,717,427
Standard Deviation0.08
R-Squared0.30
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.92
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)20.20
P/FCF Ratio25.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.63
Enterprise Value/Gross Profit9.25
Enterprise Value/Ebitda15.89
Forecast
1Y Price Target
$72.00Price Target Upside7.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Ball News
PremiumPress Releases
Ball Reports Second Quarter 2024 ResultsBulls Say, Bears Say
Bulls Say
Earnings GrowthSustainable EPS growth is expected.
Shareholder ReturnsBALL's low leverage supports its industry-leading shareholder return outlook.
Strategic InitiativesThe strategic internal pivot at Ball Corporation to focus on self-improvement via footprint optimization and share buybacks should result in double-digit earnings growth.
Bears Say
Consumer SpendingConsumer 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.
Stock Price DeclineThe company’s stock price has declined ~12% largely due to more muted volume expectations and concerns regarding a possible greenfield plant in the Pacific Northwest.
Volume TargetVolume target of 2-3% is a reduction from prior 4-6%, due to subdued demand in North America.
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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 $42.81 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 Oct 31, 2024 which is in 41 days.
How were Ball’s earnings last quarter?
Ball released its earnings results on Aug 01, 2024. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.698 by $0.042.
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 1.19%. See more information on Ball dividends here
What is Ball’s EPS estimate?
Ball’s EPS estimate is $0.86.
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 $0.74 in its last earnings report, beating expectations of $0.698. Following the earnings report the stock price went up 1.116%.
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:
$72.00 (7.33% Upside)
$72.00 (7.33% Upside)
Blogger Sentiment
Bullish
BALL Sentiment 83%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 495.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.5%
Last 30 Days ▲ 9.6%
Last 30 Days ▲ 9.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.93%
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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BALL Earnings Call
Q2 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
$72.00
▲(7.33% Upside)
Technical Analysis
Best Analysts Covering BALL
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+21.24%
upgraded a buy rating last month
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 +21.24% per trade.
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