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Ball (DE:BL8)
FRANKFURT:BL8
Ball (BL8) Stock Price & Analysis
0 Followers
BL8 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€39.74 - €62.90
Previous Close€60.84
Volume0.00
Average Volume (3M)275.00
Market Cap
€20.53B
Enterprise Value€28.81B
Total Cash (Recent Filing)$955.00M
Total Debt (Recent Filing)$9.75B
Price to Earnings (P/E)N/A
Beta0.76
Next Earnings
Aug 01, 2024EPS Estimate
€0.67Next Dividend Ex-Date
Jun 03, 2024Dividend Yield1.22%
Share Statistics
EPS (TTM)N/A
Shares Outstanding315,642,486
10 Day Avg. Volume98
30 Day Avg. Volume275
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-12.25
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)8.70
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.60
Enterprise Value/Gross Profit11.47
Enterprise Value/Ebitda14.36
Forecast
1Y Price Target
€64.83Price Target Upside6.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Ball News
Bulls Say, Bears Say
Bulls Say
Financial StrategyBALL's strategic move to lower leverage positions the company for a potential initiation of over $3 billion in share repurchases, enhancing shareholder value.
Market ExpansionWith the shift in Brazil's packaging mix, BALL could see a substantial increase in demand, potentially adding 2.5 billion units to the aluminum can market.
SustainabilityBALL's renewed focus on sustainability and recycling, particularly in the aluminum can segment, may strengthen its market position amid growing environmental concerns.
Bears Say
Financial OutlookThe immediate loss of EBITDA and the lagged timeline impact of share buybacks will create earnings variability.
Market DynamicsThe North American beer market faces near-term challenges, potentially impacting sales volumes.
Operational ChangesKent, WA facility closure expected, which may lead to operational disruptions and potential financial impacts.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.86% Other Institutional Investors
98.14% Public Companies and
Individual Investors
BL8 FAQ
What was Ball’s price range in the past 12 months?
Ball lowest stock price was €39.74 and its highest was €62.90 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 94 days.
How were Ball’s earnings last quarter?
Ball released its earnings results on Apr 26, 2024. The company reported €0.635 earnings per share for the quarter, beating the consensus estimate of €0.514 by €0.121.
Is Ball overvalued?
According to Wall Street analysts Ball’s price is currently Undervalued.
Does Ball pay dividends?
Ball pays a Quarterly dividend of €0.19 which represents an annual dividend yield of 1.22%. See more information on Ball dividends here
What is Ball’s EPS estimate?
Ball’s EPS estimate is €0.67.
How many shares outstanding does Ball have?
Currently, no data Available
What happened to Ball’s price movement after its last earnings report?
Ball reported an EPS of €0.635 in its last earnings report, beating expectations of €0.514. Following the earnings report the stock price went down -0.197%.
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:
€64.83 (6.55% Upside)
€64.83 (6.55% Upside)
Blogger Sentiment
Bullish
DE:BL8 Sentiment 100%
Sector Average 66%
Sector Average 66%
Insider Transactions
Bought Shares
Worth $249.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.19%
12-Months-Change
Fundamentals
Return on Equity
11.07%
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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BL8 Earnings Call
Q1 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 Months Forecast
Average Price Target
€64.83
▲(6.55% Upside)
Technical Analysis
Best Analysts Covering BL8
1 Year
1 Year Success Rate
18/22 ratings generated profit
1 Year Average Return
+10.02%
reiterated a buy rating last month
Copying Philip Ng's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +10.02% per trade.
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