Zacks Research Weighs in on Ball’s Q3 Earnings (NYSE:BALL)

Ball Corporation (NYSE:BALL) – Stock analysts at Zacks Research decreased their Q3 2027 EPS estimates for Ball in a research report issued to clients and investors on Tuesday, July 28th. Zacks Research analyst Team now expects that the company will post earnings of $1.19 per share for the quarter, down from their prior forecast of $1.20. The consensus estimate for Ball’s current full-year earnings is $3.99 per share.

Ball (NYSE:BALL) last posted its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.34 billion. Ball had a return on equity of 18.69% and a net margin of 6.86%.Ball’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS.

A number of other brokerages have also recently weighed in on BALL. Raymond James Financial set a $73.00 price objective on Ball and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Bank of America boosted their target price on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Citigroup lowered their price target on shares of Ball from $73.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Wells Fargo & Company lifted their price objective on shares of Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.85.

Ball Trading Up 3.4%

Shares of NYSE:BALL opened at $66.84 on Wednesday. The company has a market capitalization of $17.80 billion, a PE ratio of 19.32, a P/E/G ratio of 1.27 and a beta of 0.98. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. Ball has a 12-month low of $44.83 and a 12-month high of $68.29. The business’s fifty day simple moving average is $59.15 and its 200-day simple moving average is $60.32.

Institutional Trading of Ball

A number of institutional investors have recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Ball by 41.2% in the fourth quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after buying an additional 1,531 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Ball by 402.8% during the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock worth $4,356,000 after acquiring an additional 67,289 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Ball by 10.6% during the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock worth $321,000 after acquiring an additional 590 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Ball during the second quarter worth about $453,000. Finally, Jump Financial LLC purchased a new position in shares of Ball in the 2nd quarter valued at approximately $696,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Ball Company Profile

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.