On Tuesday, Ball Corp (NYSE: BALL) opened lower -1.56% from the last session, before settling in for the closing price of $60.86. Price fluctuations for BALL have ranged from $51.65 to $71.32 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 4.16%. Company’s average yearly earnings per share was noted 8.05% at the time writing. With a float of $296.60 million, this company’s outstanding shares have now reached $315.69 million.
The extent of productivity of a business whose workforce counts for 21000 workers is very important to gauge. In terms of profitability, gross margin is 18.35%, operating margin of 10.09%, and the pretax margin is 5.89%.
Ball Corp (BALL) Insider Updates
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Ball Corp is 0.61%, while institutional ownership is 85.14%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.78 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.75) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.05% 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
Check out the current performance indicators for Ball Corp (BALL). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Ball Corp (BALL)
The latest stats from [Ball Corp, BALL] show that its last 5-days average volume of 2.28 million was superior to 1.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.43%. Additionally, its Average True Range was 1.28.
During the past 100 days, Ball Corp’s (BALL) raw stochastic average was set at 12.74%, which indicates a significant decrease from 17.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.43% in the past 14 days, which was higher than the 21.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.35, while its 200-day Moving Average is $64.56. Now, the first resistance to watch is $60.41. This is followed by the second major resistance level at $60.91. The third major resistance level sits at $61.19. If the price goes on to break the first support level at $59.63, it is likely to go to the next support level at $59.35. Assuming the price breaks the second support level, the third support level stands at $58.85.
Ball Corp (NYSE: BALL) Key Stats
There are currently 298,426K shares outstanding in the company with a market cap of 17.88 billion. Presently, the company’s annual sales total 14,029 M according to its annual income of 707,000 K. Last quarter, the company’s sales amounted to 3,082 M and its income totaled 197,000 K.
