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

Ball Corporation (NYSE:BALLFree Report) – Equities research analysts at Zacks Research lowered their Q3 2027 earnings per share estimates for shares of Ball in a report released on Wednesday, April 1st. Zacks Research analyst Team now forecasts that the company will earn $1.19 per share 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 has been the subject of several other research reports. JPMorgan Chase & Co. increased their price target on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Robert W. Baird set a $75.00 target price on shares of Ball in a report on Wednesday, February 4th. Royal Bank Of Canada decreased their price target on shares of Ball from $74.00 to $71.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Truist Financial boosted their price target on shares of Ball from $69.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Ball has an average rating of “Moderate Buy” and an average price target of $69.00.

Read Our Latest Analysis on Ball

Ball Price Performance

BALL stock opened at $59.95 on Thursday. Ball has a 52-week low of $43.51 and a 52-week high of $68.29. The business has a fifty day moving average of $62.50 and a two-hundred day moving average of $54.50. The stock has a market cap of $15.96 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.20 and a beta of 1.14. The company has a quick ratio of 0.75, a current ratio of 1.11 and a debt-to-equity ratio of 1.29.

Ball (NYSE:BALLGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. Ball had a net margin of 6.93% and a return on equity of 18.12%. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period last year, the firm posted $0.84 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS.

Ball Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, March 2nd. Ball’s payout ratio is 24.10%.

Insider Buying and Selling

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

Hedge Funds Weigh In On Ball

Several hedge funds have recently bought and sold shares of BALL. GoalVest Advisory LLC purchased a new stake in Ball in the fourth quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of Ball in the 4th quarter valued at $26,000. Triumph Capital Management purchased a new stake in shares of Ball during the 3rd quarter valued at $26,000. Gilpin Wealth Management LLC purchased a new stake in shares of Ball during the 4th quarter valued at $29,000. Finally, Harbour Investments Inc. raised its position in shares of 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 during the period. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Ball Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Ball (NYSE:BALL)

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