Research Analysts Offer Predictions for Ball FY2025 Earnings

Ball Co. (NYSE:BALL - Free Report) - Research analysts at Zacks Research lifted their FY2025 EPS estimates for Ball in a research report issued to clients and investors on Monday, January 13th. Zacks Research analyst M. Das now forecasts that the company will post earnings per share of $3.54 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 analysts have also recently issued reports on BALL. Truist Financial lowered their target price on Ball from $78.00 to $73.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Royal Bank of Canada reissued an "outperform" rating and set a $75.00 price objective on shares of Ball in a research report on Monday, November 4th. Mizuho raised shares of Ball from a "neutral" rating to an "outperform" rating and set a $67.00 price objective on the stock in a research report on Tuesday, December 10th. Citigroup lowered their target price on Ball from $69.00 to $59.00 and set a "neutral" rating for the company in a report on Monday, January 6th. Finally, Wells Fargo & Company dropped their price target on Ball from $61.00 to $56.00 and set an "equal weight" rating on the stock in a research note on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $68.75.

Ball Stock Down 0.3 %

Shares of NYSE BALL traded down $0.14 during mid-day trading on Wednesday, reaching $54.24. 2,822,856 shares of the company's stock were exchanged, compared to its average volume of 2,558,362. Ball has a twelve month low of $51.96 and a twelve month high of $71.32. The company has a current ratio of 1.09, a quick ratio of 0.82 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $16.19 billion, a price-to-earnings ratio of 4.09, a PEG ratio of 1.44 and a beta of 0.93. The business has a fifty day simple moving average of $58.05 and a 200 day simple moving average of $61.72.

Ball (NYSE:BALL - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Ball had a return on equity of 17.46% and a net margin of 34.05%. The business had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter last year, the business posted $0.83 EPS. The firm's revenue was down .9% compared to the same quarter last year.

Ball Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Monday, December 2nd. Ball's dividend payout ratio (DPR) is 6.03%.

Institutional Investors Weigh In On Ball

Several large investors have recently made changes to their positions in BALL. HB Wealth Management LLC raised its position in Ball by 14.9% during the fourth quarter. HB Wealth Management LLC now owns 12,468 shares of the company's stock worth $687,000 after acquiring an additional 1,618 shares in the last quarter. Boston Common Asset Management LLC increased its stake in shares of Ball by 45.8% during the 4th quarter. Boston Common Asset Management LLC now owns 346,220 shares of the company's stock worth $19,087,000 after purchasing an additional 108,679 shares during the last quarter. Avanza Fonder AB bought a new stake in shares of Ball in the 4th quarter valued at about $1,959,000. RDA Financial Network lifted its stake in Ball by 25.0% in the 4th quarter. RDA Financial Network now owns 19,628 shares of the company's stock valued at $1,082,000 after purchasing an additional 3,930 shares during the last quarter. Finally, Park Avenue Securities LLC grew its holdings in Ball by 2.1% during the fourth quarter. Park Avenue Securities LLC now owns 10,082 shares of the company's stock worth $556,000 after purchasing an additional 210 shares during the period. Institutional investors and hedge funds own 86.51% of the company's stock.

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.