Ball Co. (NYSE:BALL – Free Report) – Investment analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Ball in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $3.48 for the year, up from their prior estimate of $3.45. The consensus estimate for Ball’s current full-year earnings is $3.48 per share. Zacks Research also issued estimates for Ball’s Q3 2026 earnings at $1.11 EPS, FY2026 earnings at $3.86 EPS and FY2027 earnings at $4.33 EPS.
A number of other brokerages also recently issued reports on BALL. Wells Fargo & Company raised their price objective on Ball from $44.00 to $50.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 7th. UBS Group cut their price objective on Ball from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Monday, April 7th. Robert W. Baird lowered their target price on Ball from $70.00 to $63.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Loop Capital lowered their target price on Ball from $83.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, May 7th. Finally, Truist Financial lowered their target price on Ball from $65.00 to $58.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Ball presently has a consensus rating of “Moderate Buy” and an average target price of $61.00.
Ball Stock Down 2.9%
Shares of NYSE:BALL opened at $51.80 on Friday. The business has a 50-day moving average price of $50.47 and a 200 day moving average price of $53.71. The company has a current ratio of 1.00, a quick ratio of 0.69 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $14.37 billion, a price-to-earnings ratio of 4.09, a PEG ratio of 1.24 and a beta of 1.10. Ball has a 12-month low of $43.51 and a 12-month high of $70.07.
Ball (NYSE:BALL – Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $2.91 billion. Ball had a return on equity of 16.17% and a net margin of 33.98%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the company earned $0.68 EPS.
Ball Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Monday, June 2nd. Ball’s payout ratio is presently 47.62%.
Ball announced that its board has authorized a stock repurchase program on Wednesday, January 29th that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the company to reacquire up to 24.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.
Hedge Funds Weigh In On Ball
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Ball during the fourth quarter worth approximately $94,861,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Ball by 531,933.3% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 47,883 shares of the company’s stock worth $2,707,000 after purchasing an additional 47,874 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Ball by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,891,046 shares of the company’s stock worth $104,253,000 after purchasing an additional 36,809 shares during the last quarter. Aviva PLC lifted its stake in Ball by 63.4% during the fourth quarter. Aviva PLC now owns 523,765 shares of the company’s stock worth $28,875,000 after purchasing an additional 203,298 shares during the last quarter. Finally, VisionPoint Advisory Group LLC lifted its stake in Ball by 99.5% during the fourth quarter. VisionPoint Advisory Group LLC now owns 37,719 shares of the company’s stock worth $2,053,000 after purchasing an additional 18,809 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.
About Ball
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.
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