Ball Corporation (NYSE:BALL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ball Corporation (NYSE:BALL) have been assigned an average rating of “Moderate Buy” from the thirteen research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $71.6923.

A number of research analysts have recently weighed in on the company. Bank of America lifted their price target on Ball from $70.00 to $73.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. UBS Group raised their price target on shares of Ball from $65.00 to $66.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Truist Financial set a $78.00 price objective on shares of Ball in a research note on Wednesday, August 5th. Mizuho set a $72.00 target price on shares of Ball in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada lifted their target price on shares of Ball from $75.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th.

Ball Stock Down 0.0%

Shares of NYSE:BALL opened at $64.06 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. The company has a market cap of $16.96 billion, a PE ratio of 18.15, a price-to-earnings-growth ratio of 1.23 and a beta of 0.98. Ball has a 52 week low of $44.83 and a 52 week high of $68.29. The firm has a 50 day simple moving average of $62.48 and a 200 day simple moving average of $61.21.

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 net margin of 6.61% and a return on equity of 18.76%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same quarter last year, the business posted $0.90 EPS. The company’s revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts expect that Ball will post 4.01 earnings per share for the current year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is currently 22.66%.

Insider Activity

In related news, SVP Mandy Glew sold 5,626 shares of Ball stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $63.80, for a total transaction of $358,938.80. Following the completion of the sale, the senior vice president owned 7,209 shares of the company’s stock, valued at approximately $459,934.20. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.58% of the company’s stock.

Institutional Investors Weigh In On Ball

A number of hedge funds and other institutional investors have recently made changes to their positions in BALL. Basecamp Wealth Advisors LLC increased its holdings in Ball by 135.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company’s stock worth $28,000 after buying an additional 274 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of Ball during the 2nd quarter worth $30,000. Triumph Capital Management bought a new position in Ball in the 3rd quarter worth $26,000. Gilpin Wealth Management LLC acquired a new position in Ball during the 4th quarter worth $29,000. Finally, Trust Co. of Vermont acquired a new position in Ball during the 2nd quarter worth $37,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

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.