Ball (NYSE:BALL - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.07, Zacks reports. The business had revenue of $3.10 billion for the quarter, compared to analysts' expectations of $2.91 billion. Ball had a net margin of 33.98% and a return on equity of 16.17%. The firm's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 earnings per share. Ball updated its FY 2025 guidance to 3.520-3.610 EPS.
Ball Trading Up 0.8 %
Shares of NYSE BALL traded up $0.40 during mid-day trading on Friday, hitting $52.18. The stock had a trading volume of 1,711,318 shares, compared to its average volume of 2,127,786. The firm has a market cap of $14.48 billion, a P/E ratio of 4.12, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. The business has a 50 day moving average price of $50.26 and a two-hundred day moving average price of $54.25. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.69 and a current ratio of 1.00. Ball has a 1 year low of $43.51 and a 1 year high of $70.97.
Ball Dividend Announcement
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 issued a $0.20 dividend. The ex-dividend date is Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.53%. Ball's dividend payout ratio is currently 47.62%.
Analyst Upgrades and Downgrades
BALL has been the subject of several research reports. Robert W. Baird reduced their price target on shares of Ball from $70.00 to $63.00 and set an "outperform" rating for the company in a research report on Wednesday, February 5th. Mizuho dropped their price objective on Ball from $63.00 to $58.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Loop Capital reduced their price objective on shares of Ball from $83.00 to $78.00 and set a "buy" rating for the company in a research note on Wednesday. Barclays lowered their target price on shares of Ball from $72.00 to $61.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company upped their price target on shares of Ball from $44.00 to $50.00 and gave the stock an "underweight" rating in a report on Wednesday. One analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Ball currently has an average rating of "Moderate Buy" and an average target price of $61.40.
Read Our Latest Stock Analysis on Ball
Ball declared that its Board of Directors has initiated a stock repurchase program on Wednesday, January 29th that permits the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 24.2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.
Institutional Trading of Ball
An institutional investor recently raised its position in Ball stock. Brighton Jones LLC raised its position in shares of Ball Co. (NYSE:BALL - Free Report) by 41.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,245 shares of the company's stock after buying an additional 1,531 shares during the quarter. Brighton Jones LLC's holdings in Ball were worth $289,000 at the end of the most recent quarter. Institutional investors own 86.51% of the company's stock.
About Ball
(
Get Free Report)
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.
See Also
Before you consider Ball, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ball wasn't on the list.
While Ball currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
