Ball (BALL) Scheduled to Post Earnings on Friday

Ball (NYSE:BALL) is set to post its quarterly earnings results before the market opens on Friday, April 26th. Analysts expect Ball to post earnings of $0.56 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Ball (NYSE:BALL) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.01. The firm had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.56 billion. Ball had a return on equity of 23.81% and a net margin of 5.04%. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period last year, the company posted $0.44 EPS. On average, analysts expect Ball to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ball Price Performance

NYSE BALL opened at $65.50 on Wednesday. The company has a 50 day simple moving average of $64.84 and a 200-day simple moving average of $57.68. Ball has a 52-week low of $42.81 and a 52-week high of $67.97. The firm has a market capitalization of $20.67 billion, a price-to-earnings ratio of 29.24, a price-to-earnings-growth ratio of 4.20 and a beta of 0.89. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.79 and a quick ratio of 0.54.

Insider Buying and Selling at Ball

In related news, insider Daniel William Fisher acquired 3,869 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was acquired at an average price of $64.56 per share, with a total value of $249,782.64. Following the completion of the transaction, the insider now owns 111,866 shares of the company’s stock, valued at $7,222,068.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on BALL shares. Wolfe Research assumed coverage on Ball in a research report on Friday, March 1st. They set a “peer perform” rating for the company. Barclays reaffirmed an “equal weight” rating and set a $71.00 price objective (up previously from $66.00) on shares of Ball in a research report on Thursday, April 4th. Mizuho boosted their target price on shares of Ball to $63.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 20th. Wells Fargo & Company raised their price target on shares of Ball from $52.00 to $62.00 and gave the company an “equal weight” rating in a report on Monday, March 18th. Finally, Jefferies Financial Group increased their target price on shares of Ball from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, March 22nd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $65.58.

About Ball

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages.