Ball (NYSE:BALL) Releases FY 2025 Earnings Guidance

Ball (NYSE:BALL - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.520-3.610 for the period, compared to the consensus estimate of 3.500. The company issued revenue guidance of -.

Ball Stock Up 0.7 %

NYSE:BALL traded up $0.35 during mid-day trading on Tuesday, reaching $52.20. The company's stock had a trading volume of 771,824 shares, compared to its average volume of 2,683,166. The company has a quick ratio of 0.69, a current ratio of 1.00 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $14.74 billion, a PE ratio of 4.13, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. The stock has a fifty day moving average of $50.30 and a 200-day moving average of $54.57. Ball has a 1 year low of $43.51 and a 1 year high of $70.97.

Ball (NYSE:BALL - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.69 by $0.07. Ball had a net margin of 33.98% and a return on equity of 16.17%. The company's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business earned $0.68 earnings per share. Equities research analysts forecast that Ball will post 3.48 earnings per share for the current year.

Ball Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.53%. Ball's dividend payout ratio is currently 6.32%.

Ball declared that its Board of Directors has initiated a share buyback program on Wednesday, January 29th that permits the company to repurchase $4.00 billion in shares. This repurchase authorization permits the company to reacquire up to 24.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

BALL has been the topic of several recent research reports. Royal Bank of Canada dropped their price objective on shares of Ball from $75.00 to $66.00 and set an "outperform" rating on the stock in a report on Thursday, February 6th. Robert W. Baird lowered their price target on shares of Ball from $70.00 to $63.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company reiterated an "underweight" rating and set a $49.00 price objective (down previously from $56.00) on shares of Ball in a research note on Thursday, January 16th. Barclays lowered their target price on 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, Mizuho reduced their price target on Ball from $63.00 to $58.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Ball currently has an average rating of "Moderate Buy" and a consensus target price of $59.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Ball stock. Brighton Jones LLC grew its position in shares of Ball Co. (NYSE:BALL - Free Report) by 41.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,245 shares of the company's stock after purchasing an additional 1,531 shares during the period. 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

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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