NYSE:BLLBall Stock Price, Forecast & News

$71.26

+0.86 (+1.22 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$69.96

Now: $71.26▼

$71.50

50-Day Range

$61.17

MA: $66.03▼

$70.55

52-Week Range

$51.26

Now: $71.26▼

$82.82

Volume3.57 million shs

Average Volume1.87 million shs

Market Capitalization$23.23 billion

P/E Ratio50.90

Dividend Yield0.84%

Beta0.49

Ball Corp. provides metal packaging for beverages, foods and household products, and of aerospace and other technologies and services to commercial and governmental customers. It operates through the following business segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace. The Beverage Packaging, North and Central America segment sold under multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks and other beverages. The Beverage Packaging, South America segment sales volumes of beverage containers in South America, and manufacture substantially all of the metal beverage containers in Brazil. The Beverage Packaging, Europe segment sales volumes of metal beverage containers in Europe, and other packaging materials used by the European beer and carbonated soft drink industries. The Food and Aerosol Packaging segment produces two-piece and three-piece steel food containers and ends for packaging vegetables, fruit, soups, meat, seafood, nutritional products, pet food and other products, and also manufactures and sells steel aerosol containers, as well as extruded aluminum aerosol containers and aluminum slugs. The Aerospace segment provides diversified technical services and products to government agencies, prime contractors and commercial organizations for a broad range of information warfare, electronic warfare, avionics, intelligence, training and space system needs. The company was founded by Edmund Burke Ball, Frank Clayton Ball, George A. Ball, Lucius Lorenzo Ball and William Charles Ball in 1880 and is headquartered in Broomfield, CO.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Ball has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $79.70, Ball has a potential upside of 11.8% from its current price of $71.26.
Amount of Analyst Coverage
Ball has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Ball has received 723 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ball has received 572 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ball has received 55.83% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ball and other stocks. Vote “Outperform” if you believe BLL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BLL will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Ball is a leading dividend payer. It pays a dividend yield of 0.84%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ball has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Ball is 23.72 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ball will have a dividend payout ratio of 19.42 % next year. This indicates that Ball will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ball insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Ball is held by insiders.
Percentage Held by Institutions
80.95% of the stock of Ball is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Ball are expected to grow by 16.17% in the coming year, from $2.66 to $3.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ball is 50.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ball is 50.90, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.92.
Price to Earnings Growth Ratio
Ball has a PEG Ratio of 5.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ball has a P/B Ratio of 8.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.21 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Metal cans

Sub-IndustryMetal & Glass Containers

SectorIndustrial Products

Current SymbolNYSE:BLL

Previous Symbol

CUSIP05849810

CIK9389

Webwww.ball.com

Phone303-469-3131

Debt

Debt-to-Equity Ratio2.77

Current Ratio1.06

Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio50.90

Forward P/E Ratio26.79

P/E Growth5.35

Sales & Book Value

Annual Sales$11.47 billion

Price / Sales2.02

Cash Flow$4.70 per share

Price / Cash Flow15.15

Book Value$8.28 per share

Price / Book8.61

Profitability

EPS (Most Recent Fiscal Year)$2.53

Net Income$566 million

Net Margins4.11%

Return on Equity28.11%

Return on Assets5.33%

Miscellaneous

Employees18,300

Outstanding Shares326,000,000

Market Cap$23.23 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Ball (NYSE:BLL) Frequently Asked Questions

How has Ball's stock been impacted by COVID-19 (Coronavirus)?

Ball's stock was trading at $69.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BLL shares have increased by 2.2% and is now trading at $71.26. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ball?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ball in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ball.

When is Ball's next earnings date?

Ball is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Ball.

How were Ball's earnings last quarter?

Ball Co. (NYSE:BLL) announced its quarterly earnings results on Thursday, May, 7th. The industrial products company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.01. The industrial products company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.81 billion. Ball had a return on equity of 28.11% and a net margin of 4.11%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 EPS. View Ball's earnings history.

How often does Ball pay dividends? What is the dividend yield for Ball?

Ball announced a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be paid a dividend of $0.15 per share on Monday, June 15th. This represents a $0.60 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Friday, May 29th. View Ball's dividend history.

When did Ball's stock split? How did Ball's stock split work?

Ball shares split before market open on Wednesday, May 17th 2017. The 2-1 split was announced on Wednesday, April 26th 2017. The newly created shares were distributed to shareholders after the closing bell on Tuesday, May 16th 2017. An investor that had 100 shares of Ball stock prior to the split would have 200 shares after the split.

How will Ball's stock buyback program work?

Ball declared that its board has initiated a share repurchase program on Wednesday, January 23rd 2019, which permits the company to buyback 50,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

What price target have analysts set for BLL?

12 Wall Street analysts have issued twelve-month price targets for Ball's shares. Their forecasts range from $68.00 to $90.00. On average, they expect Ball's share price to reach $79.70 in the next year. This suggests a possible upside of 11.8% from the stock's current price. View analysts' price targets for Ball.

What are Wall Street analysts saying about Ball stock?

Here are some recent quotes from research analysts about Ball stock:

1. According to Zacks Investment Research, "Ball Corp’s first-quarter 2020 adjusted earnings per share improved from the prior-year quarter while revenues were flat. While the bottom line beat the Zacks Consensus Estimate, the top line missed the same. Overall global beverage can demand continues to grow as customers are preferring cans over glass and plastic. The company continues to execute its strategies of achieving better value for standard products and higher growth for specialty products. The Aerospace segment is likely to benefit from its strong backlog levels and business wins. Ball Corp’s balance sheet remains healthy and provides its flexibility to invest in capacity while returning value to shareholders. Focus on new products, completing growth capital projects and cost cutting will also drive results. However, the impact of the coronavirus pandemic remains a headwind." (5/27/2020)
2. KeyCorp analysts commented, "We consider BLL a solid company with healthy future growth prospects; we just don’t understand the multiple at which it trades." (8/2/2019)

Has Ball been receiving favorable news coverage?

Press coverage about BLL stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ball earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBall.

Who are some of Ball's key competitors?

Some companies that are related to Ball include Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Silgan (SLGN), Greif (GEF), Owens-Illinois (OI) and Myers Industries (MYE). View all competitors.

What other stocks do shareholders of Ball own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ball investors own include Bristol-Myers Squibb (BMY), Home Depot (HD), Visa (V), Netflix (NFLX), NVIDIA (NVDA), AT&T (T), UnitedHealth Group (UNH), Abbott Laboratories (ABT), Verizon Communications (VZ) and AbbVie (ABBV).

Who are Ball's key executives?

Ball's management team includes the following people:

Mr. John A. Hayes, Chairman, Pres & CEO (Age 54)
Mr. Scott C. Morrison, Sr. VP & CFO (Age 57)
Ms. Lisa Ann Pauley, Sr. VP of HR & Admin. (Age 58)
Mr. Charles E. Baker, VP, Gen. Counsel & Corp. Sec. (Age 62)
Mr. Daniel William Fisher, Sr. VP & COO of Global Metal Beverage Packaging (Age 46)

What is Ball's stock symbol?

Ball trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLL."

Who are Ball's major shareholders?

Ball's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.76%), State Street Corp (4.17%), JPMorgan Chase & Co. (3.04%), Wellington Management Group LLP (2.83%), Geode Capital Management LLC (1.53%) and Morgan Stanley (1.14%). Company insiders that own Ball stock include Charles E Baker, Daniel William Fisher, Jeff A Knobel, John A Hayes, Nate C Carey, Robert D Strain, Scott C Morrison and Stuart A Taylor II. View institutional ownership trends for Ball.

Which institutional investors are selling Ball stock?

BLL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Janus Henderson Group PLC, Wellington Management Group LLP, JPMorgan Chase & Co., Frontier Capital Management Co. LLC, State Street Corp, Morgan Stanley, and Morgan Stanley. Company insiders that have sold Ball company stock in the last year include Charles E Baker, Daniel William Fisher, Jeff A Knobel, John A Hayes, Nate C Carey, Robert D Strain, Scott C Morrison, and Stuart A Taylor II. View insider buying and selling activity for Ball.

Which institutional investors are buying Ball stock?

BLL stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Clearbridge Investments LLC, Royal London Asset Management Ltd., York Capital Management Global Advisors LLC, Saya Management LP, Dudley & Shanley Inc., Principal Financial Group Inc., and Retirement Systems of Alabama. View insider buying and selling activity for Ball.

How do I buy shares of Ball?

Shares of BLL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ball's stock price today?

One share of BLL stock can currently be purchased for approximately $71.26.

How big of a company is Ball?

Ball has a market capitalization of $23.23 billion and generates $11.47 billion in revenue each year. The industrial products company earns $566 million in net income (profit) each year or $2.53 on an earnings per share basis. Ball employs 18,300 workers across the globe.

What is Ball's official website?

The official website for Ball is www.ball.com.

How can I contact Ball?

Ball's mailing address is 10 Longs Peak Drive, Broomfield CO, 80021. The industrial products company can be reached via phone at 303-469-3131 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff