Zacks Research Predicts Ball’s FY2025 Earnings (NYSE:BALL)

Ball Co. (NYSE:BALL) – Equities researchers at Zacks Research lifted their FY2025 EPS estimates for Ball in a research report issued to clients and investors on Monday, January 13th. Zacks Research analyst M. Das now expects that the company will earn $3.54 per share for the year, up from their previous estimate of $3.53. The consensus estimate for Ball’s current full-year earnings is $3.15 per share.

Several other research firms have also weighed in on BALL. UBS Group raised Ball from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $62.00 to $58.00 in a research report on Friday, January 10th. Wells Fargo & Company restated an “underweight” rating and set a $49.00 target price (down from $56.00) on shares of Ball in a report on Thursday. Mizuho upgraded shares of Ball from a “neutral” rating to an “outperform” rating and set a $67.00 price target for the company in a research note on Tuesday, December 10th. Morgan Stanley decreased their price objective on shares of Ball from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Citigroup dropped their target price on shares of Ball from $69.00 to $59.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $68.17.

Ball Price Performance

NYSE:BALL opened at $54.22 on Wednesday. The stock’s 50-day simple moving average is $57.93 and its 200 day simple moving average is $61.67. Ball has a 52-week low of $51.96 and a 52-week high of $71.32. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.82 and a current ratio of 1.09. The company has a market cap of $16.18 billion, a P/E ratio of 4.09, a P/E/G ratio of 1.24 and a beta of 0.93.

Ball (NYSE:BALL) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The firm had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Ball had a net margin of 34.05% and a return on equity of 17.46%. The company’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 EPS.

Institutional Investors Weigh In On Ball

A number of institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in shares of Ball by 27.2% during the second quarter. Private Advisor Group LLC now owns 10,626 shares of the company’s stock worth $638,000 after purchasing an additional 2,270 shares during the period. Acadian Asset Management LLC acquired a new position in Ball in the 2nd quarter valued at $384,000. American Century Companies Inc. increased its position in Ball by 9.7% during the 2nd quarter. American Century Companies Inc. now owns 538,045 shares of the company’s stock worth $32,293,000 after buying an additional 47,539 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Ball by 0.9% during the second quarter. Federated Hermes Inc. now owns 18,941 shares of the company’s stock worth $1,137,000 after buying an additional 162 shares in the last quarter. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of Ball in the second quarter valued at about $246,000. Institutional investors own 86.51% of the company’s stock.

Ball Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.20 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.80 annualized dividend and a yield of 1.48%. Ball’s dividend payout ratio is currently 6.03%.

Ball Company Profile

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.