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Ball (BALL)
NYSE:BALL
Ball (BALL) Stock Price & Analysis
797 Followers
BALL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.52 - $67.97
Previous Close$64.35
Volume798.40K
Average Volume (3M)1.86M
Market Cap
$20.43B
Enterprise Value$29.12B
Total Cash (Recent Filing)$955.00M
Total Debt (Recent Filing)$9.75B
Price to Earnings (P/E)28.9
Beta1.16
Next Earnings
Apr 26, 2024EPS Estimate
$0.56Last Dividend Ex-Date
Feb 29, 2024Dividend Yield1.25%
Share Statistics
EPS (TTM)2.23
Shares Outstanding315,642,486
10 Day Avg. Volume1,641,492
30 Day Avg. Volume1,862,479
Standard Deviation0.08
R-Squared0.31
Alpha-0.00354
Financial Highlights & Ratios
Price to Book (P/B)-11.22
Price to Sales (P/S)1.32
Price to Cash Flow (P/CF)7.90
P/FCF Ratio10.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.63
Enterprise Value/Gross Profit11.59
Enterprise Value/Ebitda14.51
Forecast
1Y Price Target
$69.00Price Target Upside6.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Ball News
Bulls Say, Bears Say
Bulls Say
Financial StrategyBALL's significant leverage reduction paves the way for a substantial share repurchase program, enhancing shareholder value.
Market ExpansionBrazil's shifting beverage packaging mix is expected to substantially grow the aluminum can market, benefiting BALL's market share.
Sustainability FocusBALL's commitment to sustainability and recycling is strengthening its market position as environmental concerns become increasingly important to consumers.
Bears Say
Financial PerformanceFree Cash Flow (FCF) will be negative in 2024 due to a $500 million working capital headwind and a $1.05 billion tax payment.
Market TrendsThe North American beer market faces near-term challenges, potentially impacting BALL's sales volumes.
Operational ChangesKent, WA facility closure expected in H1/24.
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Ownership Overview
16.46% Insiders
36.76% Mutual Funds
21.88% Other Institutional Investors
24.89% 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 $42.52 and its highest was $67.97 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 Apr 26, 2024 which is in 7 days.
How were Ball’s earnings last quarter?
Ball released its earnings results on Feb 01, 2024. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.743 by $0.037.
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 1.25%. See more information on Ball dividends here
What is Ball’s EPS estimate?
Ball’s EPS estimate is $0.56.
How many shares outstanding does Ball have?
Ball has 314,820,400 shares outstanding.
What happened to Ball’s price movement after its last earnings report?
Ball reported an EPS of $0.78 in its last earnings report, beating expectations of $0.743. Following the earnings report the stock price went up 7.147%.
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:
$69.00 (6.32% Upside)
$69.00 (6.32% Upside)
Blogger Sentiment
Bullish
BALL Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $249.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.2%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.66%
12-Months-Change
Fundamentals
Return on Equity
19.56%
Trailing 12-Months
Asset Growth
-3.04%
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
Q4 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 Months Forecast
Average Price Target
$69.00
▲(6.32% Upside)
Technical Analysis
Best Analysts Covering BALL
1 Year
1 Year Success Rate
17/22 ratings generated profit
1 Year Average Return
+7.75%
reiterated a buy rating 29 days ago
Copying Philip Ng's trades and holding each position for 1 Year would result in 77.27% of your transactions generating a profit, with an average return of +7.75% per trade.
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