Ball (NYSE:BALL) Updates FY 2025 Earnings Guidance

Ball (NYSE:BALL) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 3.550-3.650 for the period, compared to the consensus EPS estimate of 3.570. The company issued revenue guidance of -.

Ball Price Performance

Ball stock traded down $0.19 during midday trading on Wednesday, reaching $47.64. 398,434 shares of the stock were exchanged, compared to its average volume of 2,603,178. The company’s fifty day moving average is $49.42 and its 200-day moving average is $52.85. The firm has a market cap of $12.96 billion, a PE ratio of 24.67, a PEG ratio of 1.09 and a beta of 1.12. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.67 and a current ratio of 1.00. Ball has a 52 week low of $43.51 and a 52 week high of $63.35.

Ball (NYSE:BALL) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $1.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.02. Ball had a return on equity of 16.81% and a net margin of 4.49%.The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter last year, the business posted $0.91 earnings per share. The firm’s revenue was up 9.6% compared to the same quarter last year. Ball has set its FY 2025 guidance at 3.550-3.650 EPS. On average, sell-side analysts forecast that Ball will post 3.48 EPS for the current year.

Ball Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.80 annualized dividend and a yield of 1.7%. Ball’s payout ratio is 41.45%.

Wall Street Analysts Forecast Growth

BALL has been the subject of a number of recent research reports. Bank of America restated a “neutral” rating and issued a $66.00 target price (down previously from $67.00) on shares of Ball in a research report on Wednesday, July 9th. Citigroup reduced their price target on Ball from $60.00 to $53.00 and set a “neutral” rating on the stock in a report on Monday, September 29th. Wells Fargo & Company decreased their price objective on shares of Ball from $54.00 to $48.00 and set an “underweight” rating for the company in a report on Wednesday, October 15th. Truist Financial decreased their price target on shares of Ball from $69.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ball in a research note on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $62.36.

Insider Buying and Selling at Ball

In other news, Chairman Daniel William Fisher sold 3,400 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $51.55, for a total transaction of $175,270.00. Following the transaction, the chairman directly owned 10,036 shares of the company’s stock, valued at $517,355.80. This represents a 25.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ball

A number of institutional investors and hedge funds have recently made changes to their positions in BALL. MUFG Securities EMEA plc purchased a new stake in Ball in the 2nd quarter worth $46,000. Smartleaf Asset Management LLC increased its holdings in shares of Ball by 37.3% in the second quarter. Smartleaf Asset Management LLC now owns 4,299 shares of the company’s stock worth $243,000 after purchasing an additional 1,169 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Ball by 305.0% in the second quarter. NewEdge Advisors LLC now owns 4,540 shares of the company’s stock worth $255,000 after buying an additional 3,419 shares in the last quarter. Brighton Jones LLC boosted its stake in Ball by 41.2% during the fourth quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after buying an additional 1,531 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in Ball by 10.6% during the 1st quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock valued at $321,000 after buying an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

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.