Ball Corporation (NYSE:BALL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Ball Corporation (NYSE:BALL) have received a consensus rating of “Moderate Buy” from the thirteen brokerages that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $69.5385.

Several analysts recently commented on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Ball in a research report on Friday, April 17th. Wells Fargo & Company raised their price target on shares of Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price target on the stock in a research report on Monday, May 18th. UBS Group dropped their price target on shares of Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Ball from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd.

Institutional Trading of Ball

Several institutional investors have recently modified their holdings of BALL. Brighton Jones LLC grew its position in shares of Ball by 41.2% in the fourth quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after purchasing an additional 1,531 shares during the period. AQR Capital Management LLC grew its position in shares of Ball by 402.8% in the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock valued at $4,356,000 after purchasing an additional 67,289 shares during the period. Empowered Funds LLC grew its position in shares of Ball by 10.6% in the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock valued at $321,000 after purchasing an additional 590 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Ball in the second quarter valued at about $453,000. Finally, Jump Financial LLC acquired a new stake in shares of Ball in the second quarter valued at about $696,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Ball Stock Up 0.0%

BALL stock opened at $52.93 on Monday. The firm has a market cap of $14.09 billion, a PE ratio of 15.30, a P/E/G ratio of 1.03 and a beta of 1.01. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. The firm’s fifty day moving average is $58.84 and its 200 day moving average is $57.74. Ball has a one year low of $44.83 and a one year high of $68.29.

Ball (NYSE:BALL) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.34 billion. Ball had a net margin of 6.86% and a return on equity of 18.69%. The firm’s revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the business earned $0.76 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts forecast that Ball will post 3.99 EPS for the current year.

Ball Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, June 1st. Ball’s dividend payout ratio (DPR) is currently 23.12%.

About Ball

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.