Ball Corporation (NYSE:BALL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Ball Corporation (NYSE:BALL) has been assigned an average recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $70.8462.

Several analysts have weighed in on the stock. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Truist Financial lifted their target price on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Raymond James Financial set a $73.00 target price on Ball and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Citigroup decreased their price target on Ball from $73.00 to $72.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Bank of America raised their price target on Ball from $70.00 to $73.00 and gave the company a “buy” rating in a report on Tuesday, July 14th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BALL. Meridian Wealth Management LLC grew its holdings in Ball by 2.7% during the 4th quarter. Meridian Wealth Management LLC now owns 6,295 shares of the company’s stock worth $333,000 after acquiring an additional 165 shares during the last quarter. Leonteq Securities AG increased its position in Ball by 3.6% in the 2nd quarter. Leonteq Securities AG now owns 5,415 shares of the company’s stock valued at $338,000 after acquiring an additional 188 shares in the last quarter. Western Wealth Management LLC raised its stake in shares of Ball by 3.2% in the fourth quarter. Western Wealth Management LLC now owns 6,752 shares of the company’s stock worth $358,000 after acquiring an additional 208 shares during the last quarter. Parvin Asset Management LLC raised its stake in shares of Ball by 19.5% in the first quarter. Parvin Asset Management LLC now owns 1,315 shares of the company’s stock worth $78,000 after acquiring an additional 215 shares during the last quarter. Finally, Evelyn Partners Investment Management LLP raised its stake in shares of Ball by 11.3% in the first quarter. Evelyn Partners Investment Management LLP now owns 2,144 shares of the company’s stock worth $127,000 after acquiring an additional 218 shares during the last quarter. 86.51% of the stock is owned by institutional investors.

Ball Stock Down 0.5%

BALL opened at $64.97 on Tuesday. The firm’s 50-day simple moving average is $59.68 and its 200-day simple moving average is $60.50. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. Ball has a twelve month low of $44.83 and a twelve month high of $68.29. The firm has a market cap of $17.30 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 1.28 and a beta of 0.98.

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

Ball Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Ball’s dividend payout ratio is presently 23.12%.

Ball Company Profile

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.