Ball Corporation (NYSE:BALL – Get Free Report) has received an average rating of “Moderate Buy” from the thirteen ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $71.6923.
A number of equities analysts have recently commented on the stock. Royal Bank Of Canada increased their price objective on shares of Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Citigroup lowered Ball from a “buy” rating to a “reduce” rating in a research report on Wednesday, August 5th. Mizuho set a $72.00 price objective on Ball in a report on Wednesday, August 5th. Truist Financial set a $78.00 target price on shares of Ball in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th.
Check Out Our Latest Research Report on Ball
Insider Activity
Institutional Investors Weigh In On Ball
Several institutional investors have recently made changes to their positions in BALL. BlackRock Inc. acquired a new position in Ball in the second quarter valued at about $1,310,991,000. Norges Bank bought a new position in Ball in the 4th quarter valued at about $178,025,000. Deutsche Bank AG bought a new stake in shares of Ball during the 2nd quarter worth approximately $163,768,000. Bank of America Corp DE bought a new stake in Ball during the second quarter worth $160,506,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Ball in the 2nd quarter valued at $143,165,000. 86.51% of the stock is currently owned by institutional investors.
Ball Stock Performance
BALL stock opened at $60.17 on Wednesday. The company has a 50 day moving average price of $62.67 and a 200 day moving average price of $60.65. Ball has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. The stock has a market capitalization of $15.93 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.17 and a beta of 0.95.
Ball (NYSE:BALL – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. Ball had a return on equity of 18.76% and a net margin of 6.61%.The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company earned $0.90 earnings per share. The company’s revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts forecast that Ball will post 4.01 EPS for the current year.
Ball Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s dividend payout ratio (DPR) is currently 22.66%.
Ball Company Profile
Ball Corporation (NYSE: BALL) is a global manufacturer of sustainable aluminum packaging products. The company primarily serves the beverage, personal care and household-product industries, producing aluminum beverage cans, bottles, aerosol containers and related packaging solutions. Its products are used by brand owners and manufacturers across a range of consumer markets.
Founded in 1880 as a manufacturer of glass containers, Ball gradually transitioned toward metal packaging and became best known for its aluminum beverage-can business.
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