Ball Corporation Stock Analysis

BALL Stock  USD 66.01  0.21  0.32%   
Ball Corporation is fairly valued with Real Value of 64.72 and Target Price of 58.33. The main objective of Ball stock analysis is to determine its intrinsic value, which is an estimate of what Ball Corporation is worth, separate from its market price. There are two main types of Ball's stock analysis: fundamental analysis and technical analysis.
The Ball stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Ball Stock Analysis Notes

About 88.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.47. Ball last dividend was issued on the 3rd of June 2024. The entity had 2:1 split on the 17th of May 2017. Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado. Ball operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 24300 people. For more info on Ball Corporation please contact the company at 303 469 3131 or go to https://www.ball.com.

Ball Quarterly Total Revenue

2.86 Billion

Ball Investment Alerts

Ball Corporation currently holds 8.57 B in liabilities with Debt to Equity (D/E) ratio of 2.62, implying the company greatly relies on financing operations through barrowing. Ball has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ball's use of debt, we should always consider it together with its cash and equity.
Over 88.0% of Ball shares are held by institutions such as insurance companies
On 18th of June 2024 Ball paid $ 0.2 per share dividend to its current shareholders
Latest headline from aol.com: Our workplace is a ball How Bridgerton constructed Season 3s elaborate ball scenes

Ball Upcoming and Recent Events

1st of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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1st of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Ball Largest EPS Surprises

Earnings surprises can significantly impact Ball's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-04-24
2003-03-310.060.070.0116 
2003-01-29
2002-12-310.060.070.0116 
2002-07-25
2002-06-300.10.110.0110 
View All Earnings Estimates

Ball Environmental, Social, and Governance (ESG) Scores

Ball's ESG score is a quantitative measure that evaluates Ball's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Ball's operations that may have significant financial implications and affect Ball's stock price as well as guide investors towards more socially responsible investments.

Ball Thematic Classifications

In addition to having Ball stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Shipping Containers Idea
Shipping Containers
USA Equities from Shipping Containers industry as classified by Fama & French

Ball Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Sustainable Growth Advisers, Lp2024-03-31
4.8 M
Jpmorgan Chase & Co2024-03-31
4.6 M
Boston Partners Global Investors, Inc2024-03-31
4.1 M
Jensen Investment Management2024-03-31
M
Thrivent Financial For Lutherans2024-03-31
M
Norges Bank2023-12-31
2.9 M
Wellington Management Company Llp2024-03-31
2.9 M
Northern Trust Corp2024-03-31
2.8 M
Fmr Inc2024-03-31
2.7 M
Vanguard Group Inc2024-03-31
35.9 M
Blackrock Inc2024-03-31
22.5 M
Note, although Ball's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ball Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 20.49 B.

Ball Profitablity

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.04 
Return On Capital Employed 0.11  0.13 
Return On Assets 0.04  0.04 
Return On Equity 0.19  0.14 

Management Efficiency

Ball has return on total asset (ROA) of 0.0425 % which means that it generated a profit of $0.0425 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1194 %, meaning that it created $0.1194 on every $100 dollars invested by stockholders. Ball's management efficiency ratios could be used to measure how well Ball manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ball's Return On Capital Employed is quite stable compared to the past year. Return On Assets is expected to rise to 0.04 this year, although the value of Return On Tangible Assets will most likely fall to 0.04. At this time, Ball's Other Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 3.38 this year, although the value of Intangible Assets will most likely fall to about 885.3 M.
Last ReportedProjected for Next Year
Book Value Per Share 11.97  12.57 
Tangible Book Value Per Share(5.60)(5.32)
Enterprise Value Over EBITDA 12.30  7.74 
Price Book Value Ratio 4.80  3.22 
Enterprise Value Multiple 12.30  7.74 
Price Fair Value 4.80  3.22 
Enterprise Value2.6 B1.3 B
The analysis of Ball's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ball's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ball Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0121
Operating Margin
0.0772
Profit Margin
0.3028
Forward Dividend Yield
0.0121
Beta
0.901

Technical Drivers

As of the 18th of June 2024, Ball shows the Mean Deviation of 0.9551, risk adjusted performance of 0.0665, and Downside Deviation of 1.13. Ball technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Ball information ratio, as well as the relationship between the value at risk and expected short fall to decide if Ball is priced correctly, providing market reflects its regular price of 66.01 per share. Given that Ball has jensen alpha of 0.0826, we suggest you to validate Ball Corporation's prevailing market performance to make sure the company can sustain itself at a future point.

Ball Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ball middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ball. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ball Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ball insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ball's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ball insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ball Outstanding Bonds

Ball issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ball uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ball bonds can be classified according to their maturity, which is the date when Ball Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Ball Predictive Daily Indicators

Ball intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ball stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ball Corporate Filings

7th of June 2024
Other Reports
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8K
4th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
21st of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
17th of May 2024
Other Reports
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10Q
7th of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
30th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
26th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
24th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Ball Forecast Models

Ball's time-series forecasting models are one of many Ball's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ball's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Ball Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ball prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ball shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ball. By using and applying Ball Stock analysis, traders can create a robust methodology for identifying Ball entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.04 
Operating Profit Margin 0.10  0.06 
Net Profit Margin 0.05  0.03 
Gross Profit Margin 0.19  0.14 

Current Ball Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ball analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ball analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
58.33Buy18Odds
Ball Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ball analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ball stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ball, talking to its executives and customers, or listening to Ball conference calls.
Ball Analyst Advice Details

Ball Stock Analysis Indicators

Ball Corporation stock analysis indicators help investors evaluate how Ball stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ball shares will generate the highest return on investment. By understating and applying Ball stock analysis, traders can identify Ball position entry and exit signals to maximize returns.
Begin Period Cash Flow558 M
Long Term Debt7.5 B
Common Stock Shares Outstanding317 M
Total Stockholder Equity3.8 B
Tax Provision99 M
Quarterly Earnings Growth Y O Y19.772
Property Plant And Equipment Net7.8 B
Cash And Short Term Investments695 M
Cash695 M
Accounts Payable3.8 B
Net Debt7.9 B
50 Day M A67.937
Total Current Liabilities6.2 B
Other Operating Expenses12.7 B
Non Current Assets Total14.4 B
Forward Price Earnings21.8341
Non Currrent Assets Other675 M
Stock Based Compensation33 M

Additional Information and Resources on Investing in Ball Stock

When determining whether Ball is a strong investment it is important to analyze Ball's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
19.772
Dividend Share
0.8
Earnings Share
2.08
Revenue Per Share
44.203
Quarterly Revenue Growth
(0.04)
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.