Zacks Research Issues Optimistic Outlook for Ball Earnings

Ball Co. (NYSE:BALL - Free Report) - Zacks Research lifted their Q2 2026 earnings estimates for Ball in a report issued on Monday, October 21st. Zacks Research analyst M. Das now anticipates that the company will post earnings per share of $0.95 for the quarter, up from their prior forecast of $0.94. The consensus estimate for Ball's current full-year earnings is $3.12 per share.

A number of other research firms have also recently commented on BALL. Morgan Stanley upgraded Ball from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $69.00 to $78.00 in a research note on Wednesday, September 4th. Citigroup boosted their target price on shares of Ball from $66.00 to $69.00 and gave the company a "neutral" rating in a research note on Wednesday, October 2nd. Robert W. Baird upgraded shares of Ball from a "neutral" rating to an "outperform" rating and set a $70.00 price target for the company in a research note on Wednesday, August 14th. Truist Financial reiterated a "buy" rating and issued a $78.00 price objective (up previously from $76.00) on shares of Ball in a research note on Friday, August 2nd. Finally, UBS Group raised their target price on Ball from $56.00 to $59.00 and gave the stock a "sell" rating in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $71.08.

Ball Stock Performance

Shares of Ball stock opened at $65.48 on Wednesday. The firm has a market capitalization of $20.32 billion, a P/E ratio of 4.93, a price-to-earnings-growth ratio of 1.63 and a beta of 0.88. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. The business's fifty day simple moving average is $65.24 and its 200 day simple moving average is $65.17. Ball has a 12 month low of $42.81 and a 12 month high of $71.32.

Ball (NYSE:BALL - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. The firm had revenue of $2.96 billion for the quarter, compared to analysts' expectations of $3.10 billion. Ball had a net margin of 32.79% and a return on equity of 19.45%. The company's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 EPS.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Jessup Wealth Management Inc purchased a new position in Ball during the first quarter valued at approximately $7,479,000. TD Asset Management Inc increased its holdings in shares of Ball by 4.2% in the first quarter. TD Asset Management Inc now owns 1,453,639 shares of the company's stock worth $97,917,000 after purchasing an additional 58,863 shares during the period. QRG Capital Management Inc. raised its position in shares of Ball by 306.6% in the second quarter. QRG Capital Management Inc. now owns 31,750 shares of the company's stock worth $1,906,000 after buying an additional 23,941 shares in the last quarter. Addenda Capital Inc. boosted its stake in Ball by 7.3% during the second quarter. Addenda Capital Inc. now owns 153,464 shares of the company's stock valued at $9,211,000 after buying an additional 10,427 shares during the period. Finally, Hemenway Trust Co LLC purchased a new position in Ball during the first quarter worth about $6,787,000. Hedge funds and other institutional investors own 86.51% of the company's stock.

About Ball

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages.

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