Ball (BALL) Expected to Announce Quarterly Earnings on Tuesday

Ball (NYSE:BALL) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Ball to post earnings of $0.69 per share and revenue of $2.91 billion for the quarter.

Ball (NYSE:BALL) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.81 by $0.03. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.92 billion. Ball had a return on equity of 16.17% and a net margin of 33.98%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 earnings per share. On average, analysts expect Ball to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ball Stock Down 0.2 %

NYSE:BALL opened at $50.48 on Tuesday. The firm’s 50-day moving average price is $50.24 and its 200-day moving average price is $55.09. The company has a market capitalization of $14.25 billion, a PE ratio of 3.99, a P/E/G ratio of 1.24 and a beta of 1.01. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.00 and a quick ratio of 0.69. Ball has a 1-year low of $43.51 and a 1-year high of $71.32.

Ball Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Monday, March 3rd. Ball’s dividend payout ratio is presently 6.32%.

Ball announced that its board has authorized a share buyback program on Wednesday, January 29th that allows the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 24.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Ball

An institutional investor recently raised its position in Ball stock. Brighton Jones LLC grew its holdings in shares of Ball Co. (NYSE:BALL) by 41.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,245 shares of the company’s stock after purchasing an additional 1,531 shares during the quarter. Brighton Jones LLC’s holdings in Ball were worth $289,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Analyst Upgrades and Downgrades

BALL has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Ball from $72.00 to $61.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. Morgan Stanley dropped their target price on shares of Ball from $75.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. 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 research note on Monday, January 6th. Truist Financial dropped their target price on shares of Ball from $65.00 to $58.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Finally, Robert W. Baird dropped their target price on shares of Ball from $70.00 to $63.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ball currently has an average rating of “Moderate Buy” and an average price target of $60.80.

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.