A new trading day began on Tuesday, with Ball Corp (NYSE: BALL) stock price down -0.14% from the previous day of trading, before settling in for the closing price of $62.46. BALL’s price has ranged from $53.57 to $71.32 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.16%. Meanwhile, its annual earnings per share averaged 8.06%. With a float of $297.25 million, this company’s outstanding shares have now reached $315.69 million.
Considering the fact that the conglomerate employs 21000 people, you should pay attention to its efficiency factor. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaging & Containers Industry. The insider ownership of Ball Corp is 0.39%, while institutional ownership is 85.12%. The most recent insider transaction that took place on Nov 20 ’24, was worth 346,795. In this transaction President & C.E.O. of this company sold 5,802 shares at a rate of $59.77, taking the stock ownership to the 118,043 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Officer proposed sale 5,802 for $59.77, making the entire transaction worth $346,795.
Ball Corp (BALL) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.78 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 8.06% 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
Here are Ball Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51.
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)
Compared to the last year’s volume of 1.81 million, its volume of 1.61 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.77%. Additionally, its Average True Range was 1.20.
During the past 100 days, Ball Corp’s (BALL) raw stochastic average was set at 38.89%, which indicates a significant decrease from 77.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.92% in the past 14 days, which was lower than the 22.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.89, while its 200-day Moving Average is $64.63. Nevertheless, the first resistance level for the watch stands at $62.64 in the near term. At $62.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.30. If the price goes on to break the first support level at $61.98, it is likely to go to the next support level at $61.58. Should the price break the second support level, the third support level stands at $61.32.
Ball Corp (NYSE: BALL) Key Stats
With a market capitalization of 18.61 billion, the company has a total of 298,426K Shares Outstanding. Currently, annual sales are 14,029 M while annual income is 707,000 K. The company’s previous quarter sales were 3,082 M while its latest quarter income was 197,000 K.
