Research Analysts Offer Predictions for Ball FY2025 Earnings

Ball Co. (NYSE:BALL - Free Report) - Analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Ball in a report issued on Monday, January 13th. Zacks Research analyst M. Das now expects that the company will earn $3.54 per share for the year, up from their previous estimate of $3.53. The consensus estimate for Ball's current full-year earnings is $3.15 per share.

A number of other research firms also recently weighed in on BALL. UBS Group upgraded Ball from a "sell" rating to a "neutral" rating and decreased their price target for the company from $62.00 to $58.00 in a research note on Friday, January 10th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $75.00 price target on shares of Ball in a research note on Monday, November 4th. Mizuho upgraded shares of Ball from a "neutral" rating to an "outperform" rating and set a $67.00 price objective for the company in a research note on Tuesday, December 10th. Wells Fargo & Company restated an "underweight" rating and set a $49.00 target price (down from $56.00) on shares of Ball in a research report on Thursday. Finally, Morgan Stanley dropped their target price on shares of Ball from $78.00 to $75.00 and set an "overweight" rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $68.17.

Ball Stock Performance

Shares of BALL stock traded down $0.04 during mid-day trading on Wednesday, hitting $54.22. The stock had a trading volume of 2,161,941 shares, compared to its average volume of 2,518,714. Ball has a fifty-two week low of $51.96 and a fifty-two week high of $71.32. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.09 and a quick ratio of 0.82. The company's 50-day simple moving average is $57.93 and its 200-day simple moving average is $61.67. The firm has a market cap of $16.18 billion, a PE ratio of 4.09, a PEG ratio of 1.24 and a beta of 0.93.

Ball (NYSE:BALL - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The business had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.13 billion. Ball had a return on equity of 17.46% and a net margin of 34.05%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share.

Hedge Funds Weigh In On Ball

Large investors have recently bought and sold shares of the stock. Peterson Financial Group Inc. acquired a new position in Ball during the 3rd quarter worth approximately $30,000. Catalyst Capital Advisors LLC acquired a new position in Ball in the 3rd quarter worth $47,000. Quarry LP boosted its position in Ball by 598.6% in the 2nd quarter. Quarry LP now owns 999 shares of the company's stock valued at $60,000 after buying an additional 856 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Ball during the third quarter worth about $66,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Ball by 334.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,059 shares of the company's stock valued at $68,000 after purchasing an additional 815 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company's stock.

Ball Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend was Monday, December 2nd. Ball's dividend payout ratio (DPR) is 6.03%.

Ball Company Profile

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.