Ball Corp (NYSE: BALL) – Not A Clear Buying Opportunity?

Ball Corp (BALL) concluded trading on Thursday at a closing price of $45.96, with 3.88 million shares of worth about $178.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -28.25% during that period and on April 10, 2025 the price saw a loss of about -1.54%. Currently the company’s common shares owned by public are about 289.38M shares, out of which, 281.11M shares are available for trading.

Stock saw a price change of -8.99% in past 5 days and over the past one month there was a price change of -10.36%. Year-to-date (YTD), BALL shares are showing a performance of -16.63% which decreased to -31.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.51 but also hit the highest price of $71.32 during that period. The average intraday trading volume for Ball Corp shares is 2.79 million. The stock is currently trading -8.70% below its 20-day simple moving average (SMA20), while that difference is down -10.17% for SMA50 and it goes to -21.87% lower than SMA200.

Ball Corp (NYSE: BALL) currently have 289.38M outstanding shares and institutions hold larger chunk of about 87.50% of that.

The stock has a current market capitalization of $12.98B and its 3Y-monthly beta is at 1.12. It has posted earnings per share of -$1.96 in the same period. It has Quick Ratio of 0.69 while making debt-to-equity ratio of 1.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BALL, volatility over the week remained 6.11% while standing at 2.95% over the month.

Stock’s fiscal year EPS is expected to rise by 10.58% while it is estimated to increase by 11.74% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on January 16, 2025 offering an Underweight rating for the stock and assigned a target price range of between $56 and $49 to it. Coverage by UBS stated Ball Corp (BALL) stock as a Neutral in their note to investors on January 10, 2025, suggesting a price target of $58 for the stock. On December 10, 2024, Mizuho Upgrade their recommendations, while on September 04, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $78. Stock get an Outperform rating from Robert W. Baird on August 14, 2024.

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