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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
Current SymbolNYSE:BLL
Previous Symbol
CUSIP05849810
Phone303-469-3131
Debt
Debt-to-Equity Ratio1.74
Current Ratio1.01
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio22.93
Forward P/E Ratio21.17
P/E Growth3.95
Sales & Book Value
Annual Sales$10.98 billion
Price / Sales1.44
Cash Flow$4.0572 per share
Price / Cash Flow11.53
Book Value$11.56 per share
Price / Book4.05
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$374 million
Net Margins4.21%
Return on Equity20.02%
Return on Assets4.63%
Miscellaneous
Employees18,300
Outstanding Shares339,190,000
Market Cap$16.28 billion
OptionableOptionable
Ball (NYSE:BLL) Frequently Asked Questions
What is Ball's stock symbol?
Ball trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLL."
How often does Ball pay dividends? What is the dividend yield for Ball?
Ball announced a quarterly dividend on Wednesday, October 24th. Investors of record on Monday, December 3rd will be paid a dividend of $0.10 per share on Monday, December 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date is Friday, November 30th. View Ball's Dividend History.
When did Ball's stock split? How did Ball's stock split work?
Ball's stock split on the morning of 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 market closes 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 approved a share buyback program on Wednesday, April 25th 2018, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.
How were Ball's earnings last quarter?
Ball Co. (NYSE:BLL) announced its quarterly earnings results on Thursday, November, 1st. The industrial products company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.04. The industrial products company had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.80 billion. Ball had a return on equity of 20.02% and a net margin of 4.21%. The firm's revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 earnings per share. View Ball's Earnings History.
When is Ball's next earnings date?
What price target have analysts set for BLL?
13 brokerages have issued 1 year target prices for Ball's stock. Their forecasts range from $43.00 to $55.00. On average, they anticipate Ball's share price to reach $51.7273 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Ball.
What is the consensus analysts' recommendation for Ball?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ball in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ball.
What are Wall Street analysts saying about Ball stock?
Here are some recent quotes from research analysts about Ball stock:
- 1. KeyCorp analysts commented, "We see little upside to the shares at such a high multiple; the Company generates considerable free cash flow, is a defensive business, and will remain a heavy buyer of its stock, but we think there’s a limit to how high the EV/EBITDA multiple can possibly go." (11/1/2018)
- 2. According to Zacks Investment Research, "Ball Corporation expects its free cash flow will be around $800 million and capital spending to be in excess of $700 million in 2018. The company will benefit from Ball Metalpack joint venture. It remains focused on developing innovative aluminum packaging products and expanding business with strong cash flow and EVA returns. Ball Corporation awarded exclusion from U.S. aluminum tariffs for certain countries' can sheet supply. The company will also gain from cost cutting actions, acquisitions and lower tax rates. Year to date, the stock has outperformed its industry. However, Ball Corporation continues to face headwinds in domestic beer consumption. Further, its Brazilian business will be impacted by tougher year-over-year comparisons in second-half 2018 and political disruptions due to the upcoming elections. The company will also face headwinds related to currency." (10/10/2018)
Has Ball been receiving favorable news coverage?
News coverage about BLL stock has trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ball earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the company's share price in the next several days.
Who are some of Ball's key competitors?
Some companies that are related to Ball include Deere & Company (DE), Illinois Tool Works (ITW), ABB (ABB), SCHNEIDER ELEC /ADR (SBGSY), Emerson Electric (EMR), Eaton (ETN), MURATA MFG CO L/ADR (MRAAY), Johnson Controls International (JCI), FANUC LTD JAPAN/ADR (FANUY), Roper Technologies (ROP), Mitsui & Co Ltd (MITSY), Ingersoll-Rand (IR), Komatsu (KMTUY), Parker-Hannifin (PH) and ATLAS COPCO AB/S (ATLKY).
Who are Ball's key executives?
Ball's management team includes the folowing people:
- John Arthur Hayes, Chairman, President & Chief Executive Officer
- Scott Charles Morrison, Chief Financial Officer & Senior Vice President
- M. Andrew Crouch, Vice President-Technology
- James N. Peterson, SVP, COO-Food & Aerosol Packaging Division
- Daniel W. Fisher, SVP & COO-Global Beverage Packaging Division
Who are Ball's major shareholders?
Ball's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc (10.77%), BlackRock Inc. (6.31%), JPMorgan Chase & Co. (6.07%), Janus Henderson Group PLC (2.60%), William Blair Investment Management LLC (2.12%) and Putnam Investments LLC (1.51%). Company insiders that own Ball stock include Charles E Baker, Daniel J Heinrich, Daniel William Fisher, James N Peterson, Jeff A Knobel, John A Hayes, Lisa Ann Pauley, R David Hoover, Robert D Strain and Scott C Morrison. 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 JPMorgan Chase & Co., Bank of New York Mellon Corp, Victory Capital Management Inc., FMR LLC, Thompson Siegel & Walmsley LLC, Mitsubishi UFJ Trust & Banking Corp, Deutsche Bank AG and Vanguard Group Inc. Company insiders that have sold Ball company stock in the last year include Charles E Baker, James N Peterson, Jeff A Knobel, John A Hayes, Lisa Ann Pauley, R David Hoover, Robert D Strain and Scott C Morrison. View Insider Buying and Selling for Ball.
Which institutional investors are buying Ball stock?
BLL stock was bought by a variety of institutional investors in the last quarter, including Dodge & Cox, Dodge & Cox, Putnam Investments LLC, Bradley Foster & Sargent Inc. CT, Dimensional Fund Advisors LP, Morgan Stanley, Janus Henderson Group PLC and Westpac Banking Corp. Company insiders that have bought Ball stock in the last two years include Daniel J Heinrich and Daniel William Fisher. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Ball's stock price today?
One share of BLL stock can currently be purchased for approximately $46.78.
How big of a company is Ball?
Ball has a market capitalization of $16.28 billion and generates $10.98 billion in revenue each year. The industrial products company earns $374 million in net income (profit) each year or $2.04 on an earnings per share basis. Ball employs 18,300 workers across the globe.
What is Ball's official website?
How can I contact Ball?
Ball's mailing address is 10 Longs Peak Drive, Broomfield CO, 80038. The industrial products company can be reached via phone at 303-469-3131 or via email at [email protected]
MarketBeat Community Rating for Ball (NYSE BLL)
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.
