Analysts Issue Forecasts for Ball’s Q3 Earnings (NYSE:BALL)

Ball Corporation (NYSE:BALL) – Equities research analysts at Zacks Research reduced their Q3 2027 EPS estimates for Ball in a research note issued to investors on Wednesday, April 1st. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.19 for the quarter, down from their previous estimate of $1.20. The consensus estimate for Ball’s current full-year earnings is $3.48 per share. Zacks Research also issued estimates for Ball’s Q4 2027 earnings at $1.14 EPS and FY2028 earnings at $4.97 EPS.

Ball (NYSE:BALL) last announced its earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The business had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.12%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS. Ball has set its FY 2026 guidance at 3.930- EPS.

BALL has been the subject of a number of other research reports. Wells Fargo & Company upped their price objective on Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Citigroup upped their price target on shares of Ball from $67.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Mizuho increased their price objective on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Finally, Truist Financial raised their price objective on shares of Ball from $69.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Ball has a consensus rating of “Moderate Buy” and an average price target of $69.00.

Ball Stock Performance

BALL stock opened at $60.49 on Thursday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. Ball has a 1 year low of $43.51 and a 1 year high of $68.29. The company has a market cap of $16.10 billion, a P/E ratio of 18.22, a price-to-earnings-growth ratio of 1.18 and a beta of 1.14. The stock’s fifty day moving average price is $62.43 and its 200-day moving average price is $54.46.

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. Ball’s dividend payout ratio (DPR) is 24.10%.

Insider Activity

In related news, SVP Kathleen Pitre sold 10,660 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the completion of the sale, the senior vice president directly owned 36,772 shares of the company’s stock, valued at approximately $2,450,118.36. This represents a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Fauze Villatoro bought 1,551 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the purchase, the senior vice president owned 13,778 shares in the company, valued at $888,818.78. This trade represents a 12.69% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ball

A number of hedge funds have recently modified their holdings of the company. GoalVest Advisory LLC purchased a new stake in shares of Ball in the fourth quarter worth $25,000. Board of the Pension Protection Fund bought a new position in Ball in the 4th quarter worth $26,000. Triumph Capital Management bought a new position in Ball in the 3rd quarter worth $26,000. Gilpin Wealth Management LLC purchased a new stake in Ball in the 4th quarter worth $29,000. Finally, Harbour Investments Inc. increased its stake in Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after buying an additional 222 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors.

About Ball

Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.

The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.