Ball Corporation (NYSE:BALL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Ball Corporation (NYSE:BALL) have been assigned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $71.6923.

Several research analysts have issued reports on BALL shares. Citigroup lowered shares of Ball from a “buy” rating to a “reduce” rating in a report on Wednesday, August 5th. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. 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 report on Thursday, July 9th. Mizuho set a $72.00 target price on shares of Ball in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $65.00 price target on the stock in a research report on Friday.

Ball Trading Up 0.0%

Shares of BALL stock opened at $60.17 on Wednesday. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 1.16 and a beta of 0.95. The stock has a 50-day moving average of $62.67 and a 200-day moving average of $60.61. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 1.13. Ball has a 1-year low of $44.83 and a 1-year high of $68.29.

Ball (NYSE:BALL) last posted 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 company had revenue of $4 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same period in the previous year, the firm earned $0.90 earnings per share. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities research analysts forecast that Ball will post 4.01 earnings per share for the current year.

Ball Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 1st. Ball’s payout ratio is currently 22.66%.

Insider Activity at Ball

In related news, SVP Mandy Glew sold 5,626 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $63.80, for a total transaction of $358,938.80. Following the sale, the senior vice president owned 7,209 shares in the company, valued at $459,934.20. This represents a 43.83% decrease in their position. 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 insiders.

Hedge Funds Weigh In On Ball

Institutional investors have recently added to or reduced their stakes in the business. Leonteq Securities AG increased its holdings in shares of Ball by 3.6% during the second quarter. Leonteq Securities AG now owns 5,415 shares of the company’s stock valued at $338,000 after acquiring an additional 188 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of Ball by 29.8% during the second quarter. Parkside Financial Bank & Trust now owns 863 shares of the company’s stock worth $54,000 after purchasing an additional 198 shares during the period. Parvin Asset Management LLC lifted its holdings in shares of Ball by 19.5% in the 1st quarter. Parvin Asset Management LLC now owns 1,315 shares of the company’s stock worth $78,000 after purchasing an additional 215 shares in the last quarter. Evelyn Partners Investment Management LLP lifted its holdings in shares of Ball by 11.3% in the 1st quarter. Evelyn Partners Investment Management LLP now owns 2,144 shares of the company’s stock worth $127,000 after purchasing an additional 218 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after purchasing an additional 222 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.

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.