What is Zacks Research’s Estimate for Ball FY2025 Earnings?

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

A number of other brokerages have also commented on BALL. Truist Financial dropped their price target on Ball from $78.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Morgan Stanley lowered their target price on Ball from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Monday. Wells Fargo & Company reduced their price target on shares of Ball from $61.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Monday, January 6th. Citigroup lowered their price objective on shares of Ball from $69.00 to $59.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Finally, Mizuho upgraded shares of Ball from a “neutral” rating to an “outperform” rating and set a $67.00 target price on the stock in a report on Tuesday, December 10th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.75.

Ball Stock Down 0.3 %

Shares of BALL stock opened at $54.24 on Wednesday. The company’s fifty day simple moving average is $58.05 and its two-hundred day simple moving average is $61.72. Ball has a 52 week low of $51.96 and a 52 week high of $71.32. The stock has a market cap of $16.19 billion, a P/E ratio of 4.09, a PEG ratio of 1.44 and a beta of 0.93. The company has a quick ratio of 0.82, a current ratio of 1.09 and a debt-to-equity ratio of 0.79.

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

Ball Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.80 annualized dividend and a yield of 1.47%. Ball’s payout ratio is 6.03%.

Institutional Trading of Ball

Several institutional investors have recently added to or reduced their stakes in BALL. Peterson Financial Group Inc. bought a new position in shares of Ball during the third quarter valued at approximately $30,000. Catalyst Capital Advisors LLC purchased a new position in Ball during the 3rd quarter valued at $47,000. Quarry LP grew its position in Ball by 598.6% in the 2nd quarter. Quarry LP now owns 999 shares of the company’s stock valued at $60,000 after acquiring an additional 856 shares during the last quarter. Brooklyn Investment Group purchased a new stake in Ball in the third quarter worth $66,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Ball by 334.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $68,000 after purchasing an additional 815 shares during the last quarter. 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.