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

Ball Corporation (NYSE:BALL) has been given an average rating of “Moderate Buy” by the thirteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $69.9231.

Several brokerages recently weighed in on BALL. Citigroup decreased their target price on Ball from $73.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday. 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. Raymond James Financial set a $73.00 price target on shares of Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Wells Fargo & Company raised their price objective 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. Finally, JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research note on Monday, May 18th.

Ball Stock Performance

BALL opened at $61.00 on Friday. The business has a 50 day moving average price of $57.83 and a two-hundred day moving average price of $59.43. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. The company has a market capitalization of $16.24 billion, a price-to-earnings ratio of 17.63, a price-to-earnings-growth ratio of 1.18 and a beta of 0.98. Ball has a 1-year low of $44.83 and a 1-year high of $68.29.

Ball (NYSE:BALL) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The company had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same period last year, the firm earned $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. Research analysts predict that Ball will post 3.99 EPS for the current fiscal year.

Ball Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, June 1st. Ball’s dividend payout ratio (DPR) is presently 23.12%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Brighton Jones LLC boosted its stake in shares of Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock worth $289,000 after acquiring an additional 1,531 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Ball by 402.8% during 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 last quarter. Empowered Funds LLC lifted its holdings in shares of Ball by 10.6% during 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 last quarter. Sivia Capital Partners LLC acquired a new position in shares of Ball in the 2nd quarter valued at $453,000. Finally, Jump Financial LLC acquired a new position in shares of Ball in the 2nd quarter valued at $696,000. Institutional investors own 86.51% of the company’s stock.

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.