Ball Corp. (NYSE: BALL) kicked off on Tuesday, down -0.44% from the previous trading day, before settling in for the closing price of $64.34. Over the past 52 weeks, BALL has traded in a range of $42.81-$71.32.
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A company in the Consumer Cyclical sector has jumped its sales by 4.16% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 7.46%. With a float of $301.77 million, this company’s outstanding shares have now reached $315.69 million.
In an organization with 21000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.8%, operating margin of 9.44%, and the pretax margin is 5.5%.
Ball Corp. (BALL) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Packaging & Containers Industry. The insider ownership of Ball Corp. is 0.59%, while institutional ownership is 87.53%. The most recent insider transaction that took place on May 17 ’24, was worth 349,486. In this transaction Director of this company sold 5,000 shares at a rate of $69.90, taking the stock ownership to the 9,844 shares. Before that another transaction happened on Mar 14 ’24, when Company’s President & C.E.O. bought 3,869 for $64.56, making the entire transaction worth $249,767. This insider now owns 111,866 shares in total.
Ball Corp. (BALL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.65% during the next five years compared to 11.57% growth over the previous five years of trading.
Ball Corp. (NYSE: BALL) Trading Performance Indicators
Take a look at Ball Corp.’s (BALL) current performance indicators. Last quarter, stock had a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.58, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Ball Corp. (BALL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.95 million. That was inferior than the volume of 1.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.19%. Additionally, its Average True Range was 1.12.
During the past 100 days, Ball Corp.’s (BALL) raw stochastic average was set at 42.42%, which indicates a significant decrease from 67.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.47% in the past 14 days, which was lower than the 22.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.14, while its 200-day Moving Average is $62.07. However, in the short run, Ball Corp.’s stock first resistance to watch stands at $64.32. Second resistance stands at $64.57. The third major resistance level sits at $64.83. If the price goes on to break the first support level at $63.81, it is likely to go to the next support level at $63.55. The third support level lies at $63.30 if the price breaches the second support level.
Ball Corp. (NYSE: BALL) Key Stats
The company with the Market Capitalisation of 19.45 billion has total of 310,378K Shares Outstanding. Its annual sales at the moment are 14,029 M in contrast with the sum of 707,000 K annual income. Company’s last quarter sales were recorded 2,959 M and last quarter income was 158,000 K.
