Ball Corp. (NYSE: BALL) kicked off on Tuesday, down -2.01% from the previous trading day, before settling in for the closing price of $64.59. Over the past 52 weeks, BALL has traded in a range of $46.95-$71.32.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 4.16%. While this was happening, its average annual earnings per share was recorded 6.93%. With a float of $301.71 million, this company’s outstanding shares have now reached $315.69 million.
Let’s determine the extent of company efficiency that accounts for 21000 employees. 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 Activity
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 0.61%, while institutional ownership is 85.48%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 6.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.30% 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 1.50.
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 3.53 in one year’s time.
Technical Analysis of Ball Corp. (BALL)
Looking closely at Ball Corp. (NYSE: BALL), its last 5-days average volume was 1.46 million, which is a drop from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 9.69%. Additionally, its Average True Range was 1.11.
During the past 100 days, Ball Corp.’s (BALL) raw stochastic average was set at 41.61%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.93% in the past 14 days, which was lower than the 20.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.36, while its 200-day Moving Average is $64.27. However, in the short run, Ball Corp.’s stock first resistance to watch stands at $63.93. Second resistance stands at $64.56. The third major resistance level sits at $64.88. If the price goes on to break the first support level at $62.97, it is likely to go to the next support level at $62.65. Should the price break the second support level, the third support level stands at $62.02.
Ball Corp. (NYSE: BALL) Key Stats
The company with the Market Capitalisation of 19.21 billion has total of 303,565K 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.
