Stick With Ball Corp (BALL). The Bull Are Alive And Well

Currently, there are 300.04M common shares owned by the public and among those 297.23M shares have been available to trade.

The company’s stock has a 5-day price change of -6.75% and -12.51% over the past three months. BALL shares are trading -5.97% year to date (YTD), with the 12-month market performance down to -12.74% lower. It has a 12-month low price of $51.96 and touched a high of $71.32 over the same period. BALL has an average intraday trading volume of 2.20 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.87%, -8.62%, and -17.34% respectively.

Institutional ownership of Ball Corp (NYSE: BALL) shares accounts for 84.89% of the company’s 300.04M shares outstanding.

It has a market capitalization of $15.47B and a beta (3y monthly) value of 0.98. The earnings-per-share (ttm) stands at -$1.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.38% over the week and 2.13% over the month.

Earnings per share for the fiscal year are expected to increase by 11.26%, and 10.37% over the next financial year. EPS should shrink at an annualized rate of 10.05% over the next five years, compared to 11.57% over the past 5-year period.

Looking at the support for the BALL, a number of firms have released research notes about the stock. Wells Fargo stated their Underweight rating for the stock in a research note on January 16, 2025, with the firm’s price target at $56-$49. UBS coverage for the Ball Corp (BALL) stock in a research note released on January 10, 2025 offered a Neutral rating with a price target of $58. Mizuho was of a view on December 10, 2024 that the stock is Outperform, while Morgan Stanley gave the stock Overweight rating on September 04, 2024, issuing a price target of $69- $78. Robert W. Baird on their part issued Outperform rating on August 14, 2024.

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