Ball (BALL) Projected to Post Earnings on Tuesday

by · The Cerbat Gem

Ball (NYSE:BALL – Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.69 per share and revenue of $2.91 billion for the quarter.

Ball (NYSE:BALL – Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.03. The business had revenue of $2.88 billion for 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 business’s revenue was down .8% compared to the same quarter last year. 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 Price Performance

Ball stock opened at $51.61 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.00 and a quick ratio of 0.69. The stock has a market cap of $14.57 billion, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of 1.24 and a beta of 1.01. The firm has a 50-day moving average of $50.30 and a two-hundred day moving average of $54.68. Ball has a 1 year low of $43.51 and a 1 year high of $70.97.

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Monday, June 2nd. Ball’s dividend payout ratio is 6.32%.

Ball declared that its Board of Directors has approved a stock repurchase plan on Wednesday, January 29th that permits the company to buyback $4.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 24.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Ball

A hedge fund recently raised its stake in Ball stock. Brighton Jones LLC boosted its position in shares of Ball Co. (NYSE:BALL – Free Report) by 41.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,245 shares of the company’s stock after buying an additional 1,531 shares during the period. Brighton Jones LLC’s holdings in Ball were worth $289,000 at the end of the most recent quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BALL. Morgan Stanley lowered their price target on Ball from $75.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Truist Financial lowered their price target on shares of Ball from $65.00 to $58.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. UBS Group reduced their price objective on Ball from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Monday, April 7th. Royal Bank of Canada lowered their target price on Ball from $75.00 to $66.00 and set an “outperform” rating on the stock in a research note on Thursday, February 6th. Finally, Robert W. Baird lowered their price objective on Ball from $70.00 to $63.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Ball has an average rating of “Moderate Buy” and an average target price of $59.78.

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Ball Company Profile

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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.

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