Ball (BALL) AI Stock Analysis

• Market Cap: $14.33B
• Dividend Yield: 1.57%
• Average Volume (3M): 2.46M
• Price to Earnings (P/E): 23.8
• Beta (1Y): 0.57
• Revenue Growth: -3.12%
• EPS Growth: N/A
• Country: US
• Employees: 16,000
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Packaging & Containers
• EPS (TTM): 0.90
• Shares Outstanding: 272,148,900
• 10 Day Avg. Volume: 2,432,384
• 30 Day Avg. Volume: 2,464,890
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.59
• Enterprise Value/Revenue: 1.83
• Enterprise Value/Gross Profit: 9.09
• Enterprise Value/Ebitda: 14.03
• 1Y Price Target: $62.78
• Price Target Upside: 22.95% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 68 Neutral
• Price Target: $60.00 ▲(17.51% Upside)

Ball Corporation's overall stock score is driven by strong earnings performance and improving financial metrics, despite high leverage and valuation concerns. The earnings call provided positive guidance and highlighted strategic strengths, but technical analysis and valuation suggest caution.

Positive Factors

Financial Performance

Ball Corp reaffirmed its guidance of 11-14% EPS growth, indicating a positive outlook for the company's financial performance.

Leadership Stability

The appointment of Daniel Rabbitt as interim CFO brings someone with significant experience at Ball Corp, suggesting stability during the transition.

Shareholder Returns

BALL is on track to return over $1.5 billion to shareholders via dividends and share repurchases in 2025.

Negative Factors

Industry Challenges

The beverage can industry could face mounting multi-year headwinds, including potential volume impacts from changes in SNAP benefits and other factors.

Leadership Changes

Investors might be surprised by the news of CFO Howard Yu stepping down after only a short time in the role.

Market Expectations

The current share price is seen as pricing in a high probability of achieving EPS targets in 2025 and beyond, which is viewed as optimistic given macro conditions.

Ball Business Overview & Revenue Model

Company Description

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. It operates through four segments: Beverage Packaging, North and Central America; Beverage Packaging, Europe, Middle East and Africa; Beverage Packaging, South America; and Aerospace. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It also develops spacecraft, sensors and instruments, radio frequency systems, and other technologies for the civil, commercial, and national security aerospace markets, as well as offers defense hardware, antenna and video tactical solutions, civil and operational space hardware, and systems engineering services. In addition, the company designs, manufactures, and tests satellites, remote sensors, and ground station control hardware and software; and provides launch vehicle integration and satellite operational services. Further, it offers target identification, warning, and attitude control systems and components; cryogenic systems and associated sensor cooling devices; star trackers; and fast-steering mirrors to the government agencies or their prime contractors. Additionally, the company manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado.

How the Company Makes Money

Ball Corporation generates revenue primarily through the sale of its metal packaging products and aerospace solutions. The Beverage Packaging segment is the largest revenue driver, where the company sells aluminum cans to beverage manufacturers around the world. This segment benefits from strong demand for sustainable packaging solutions, as aluminum is widely recognized for its recyclability and environmental advantages. Additionally, Ball has established long-term contracts with major beverage brands, providing stable revenue streams. The Aerospace segment contributes to earnings through contracts with government and commercial entities, delivering high-tech products and services that often include research and development components. Partnerships with leading companies in the aerospace industry further enhance Ball's capabilities and revenue potential. Overall, Ball's focus on sustainability, innovation, and strong customer relationships underpin its financial success.

Ball Financial Statement Overview

Summary

Ball demonstrates a moderate financial position with improving revenue and cash flow metrics. The income statement shows a stable gross profit margin and improved net profit margin. However, the balance sheet reveals high leverage, and cash flow conversion remains a challenge despite strong free cash flow growth.

Income Statement

Ball's income statement shows a moderate revenue growth rate of 3.15% TTM, indicating a recovery from previous declines. The gross profit margin is stable at around 20%, and the net profit margin has improved to 4.48% TTM from a negative trend in the prior year. However, the EBIT and EBITDA margins are relatively low, suggesting room for operational efficiency improvements.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.35 TTM, indicating significant leverage, though it has improved from previous years. Return on equity is modest at 9.56% TTM, reflecting moderate profitability. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis shows a strong free cash flow growth rate of 31.47% TTM, indicating improved cash generation. However, the operating cash flow to net income ratio is low at 0.15, suggesting potential challenges in converting earnings to cash. The free cash flow to net income ratio of 0.48 TTM is a positive sign of cash flow adequacy.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.40B	11.79B	12.06B	13.37B	13.81B	11.78B
Gross Profit	2.50B	2.44B	2.31B	2.25B	2.73B	2.46B
EBITDA	1.62B	1.45B	1.76B	1.70B	1.98B	1.63B
Net Income	556.00M	4.01B	707.00M	719.00M	878.00M	585.00M
Balance Sheet
Total Assets	18.61B	17.63B	19.30B	19.91B	19.71B	18.25B
Cash, Cash Equivalents and Short-Term Investments	296.00M	885.00M	695.00M	548.00M	563.00M	1.37B
Total Debt	7.03B	5.67B	8.57B	9.40B	8.16B	8.10B
Total Liabilities	13.33B	11.70B	15.47B	16.38B	16.03B	14.91B
Stockholders Equity	5.21B	5.86B	3.77B	3.46B	3.63B	3.27B
Cash Flow
Free Cash Flow	376.00M	-369.00M	818.00M	-1.37B	34.00M	319.00M
Operating Cash Flow	777.00M	115.00M	1.86B	283.00M	1.76B	1.43B
Investing Cash Flow	-592.00M	5.00B	-1.05B	-768.00M	-1.64B	-1.18B
Financing Cash Flow	-1.21B	-4.79B	-662.00M	485.00M	-894.00M	-602.00M

Ball Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 51.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BALL, the sentiment is Negative. The current price of 51.06 is below the 20-day moving average (MA) of 53.00, below the 50-day MA of 55.87, and below the 200-day MA of 53.85, indicating a bearish trend. The MACD of -1.14 indicates Positive momentum. The RSI at 33.86 is Neutral, neither overbought nor oversold. The STOCH value of 20.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BALL.

Ball Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PKG	77 Outperform	$19.61B	21.75	20.51%	2.31%	8.98%	25.81%
CCK	72 Outperform	$11.57B	20.86	20.64%	1.04%	2.07%	32.37%
BALL	68 Neutral	$14.33B	23.84	9.59%	1.57%	-3.12%	―
GEF	63 Neutral	$3.17B	23.98	7.46%	3.47%	-2.55%	-40.81%
AMCR	63 Neutral	$19.90B	26.96	6.55%	6.03%	10.03%	-28.33%
Sector *	61 Neutral	$17.87B	13.25	-4.88%	3.05%	1.25%	-14.67%
SLGN	61 Neutral	$5.02B	16.66	14.54%	1.71%	5.49%	-1.01%

Ball Corporate Events

Ball Corporation Announces $750M Senior Notes Offering

On August 7, 2025, Ball Corporation entered into an underwriting agreement for a $750 million public offering of 5.500% Senior Notes due 2033. The offering is expected to close on August 14, 2025, and the proceeds will be used for general corporate purposes, including debt refinancing or repayment. The company plans to repay outstanding borrowings under its credit facilities using a portion of the proceeds.

The most recent analyst rating on (BALL) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on Ball stock, see the BALL Stock Forecast page.

Ball Corporation Announces CFO Departure and Interim Appointment

Ball Corporation announced the departure of its Chief Financial Officer, Howard Yu, effective June 30, 2025, under a mutual agreement. Yu will receive severance benefits and his stock awards will continue to vest as per the company’s policies. His departure is not due to any disagreements with the company. Daniel Rabbitt has been appointed as interim CFO, bringing extensive experience from his role as Senior Vice President at Ball and his previous position as CFO and Co-Founder of Mountain Union Telecom, LLC.

The most recent analyst rating on (BALL) stock is a Hold with a $66.00 price target. To see the full list of analyst forecasts on Ball stock, see the BALL Stock Forecast page.

Ball Corporation Completes €850 Million Senior Notes Offering

On May 19, 2025, Ball Corporation completed its public offering of €850 million in Senior Notes due 2032, which are senior unsecured obligations guaranteed by its domestic subsidiaries. This financial move is expected to impact the company’s debt structure and provide flexibility in its financial operations, potentially influencing its market positioning and stakeholder interests.

The most recent analyst rating on (BALL) stock is a Hold with a $66.00 price target. To see the full list of analyst forecasts on Ball stock, see the BALL Stock Forecast page.