Ball Corporation (NYSE:BALL – Free Report) – Investment analysts at Zacks Research boosted their Q3 2027 EPS estimates for shares of Ball in a research report issued to clients and investors on Friday, October 23rd. Zacks Research analyst Team now anticipates that the company will post earnings of $1.21 per share for the quarter, up from their prior forecast of $1.16. The consensus estimate for Ball’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Ball’s Q4 2027 earnings at $1.19 EPS.
Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $65.00 price target for the company in a research report on Friday, September 18th. Weiss Ratings raised Ball from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. Wells Fargo & Company dropped their price target on shares of Ball from $72.00 to $70.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Citigroup lowered shares of Ball from a “buy” rating to a “reduce” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada reduced their price objective on shares of Ball from $77.00 to $73.00 and set an “outperform” rating for the company in a research report on Tuesday, October 13th. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and a consensus target price of $71.00.
Check Out Our Latest Report on Ball
Ball Trading Down 0.5%
Shares of Ball stock opened at $64.43 on Tuesday. The firm has a market capitalization of $17.05 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 1.30 and a beta of 0.96. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 1.13. The firm’s 50 day simple moving average is $60.89 and its two-hundred day simple moving average is $60.60. Ball has a 12-month low of $44.83 and a 12-month high of $68.29.
Ball (NYSE:BALL – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.04. Ball had a return on equity of 18.76% and a net margin of 6.61%. The business had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the company earned $0.90 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS.
Institutional Trading of Ball
Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of Ball in the 2nd quarter valued at about $1,310,991,000. State Street Corp increased its holdings in Ball by 8.3% in the second quarter. State Street Corp now owns 13,416,598 shares of the company’s stock valued at $837,196,000 after buying an additional 1,024,861 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Ball by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,999,409 shares of the company’s stock valued at $354,605,000 after buying an additional 340,677 shares during the last quarter. Deutsche Bank AG acquired a new stake in Ball in the second quarter valued at $163,768,000. Finally, Bank of America Corp DE acquired a new stake in Ball in the second quarter valued at $160,506,000. 86.51% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Ball
In other Ball news, SVP Mandy Glew sold 5,626 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total transaction of $358,938.80. Following the sale, the senior vice president directly owned 7,209 shares in the company, valued at $459,934.20. This represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.58% of the stock is currently owned by corporate insiders.
Ball Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Ball’s dividend payout ratio (DPR) is currently 22.66%.
Ball Company Profile
Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.
Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.
Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.
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