Ball Corp (NYSE: BALL) is -1.45% lower on its value in year-to-date trading and has touched a low of $43.51 and a high of $70.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BALL stock was last observed hovering at around $54.33 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $54.33, the stock is 4.47% and 7.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.03 million and changing 0.00% at the moment leaves the stock -5.38% off its SMA200. BALL registered -22.63% loss for a year compared to 6-month loss of -12.29%.
The stock witnessed a 14.86% gain in the last 1 month and extending the period to 3 months gives it a 10.79%, and is 2.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.77% over the week and 2.50% over the month.
Ball Corp (BALL) has around 16000 employees, a market worth around $15.07B and $12.04B in sales. Current P/E ratio is 28.82 and Fwd P/E is 13.62. Profit margin for the company is 4.69%. Distance from 52-week low is 24.87% and -23.19% from its 52-week high. The company has generated returns on investments over the last 12 months (4.75%).
The EPS is expected to grow by 11.79% this year.
Ball Corp (BALL) Top Institutional Holders
The shares outstanding are 279.46M, and float is at 276.85M with Short Float at 1.83%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 35.31 million shares valued at $2.12 billion. The investor’s holdings represent 11.4162% of the BALL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.21 million shares valued at $1.33 billion to account for 7.1826 of the shares outstanding. The other top investors are PARNASSUS INVESTMENTS, LLC which holds 20.68 million shares representing 6.6857% and valued at over $1.24 billion, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 5.6786 of the shares totaling 17.56 million with a market value of $1.05 billion.
Ball Corp (BALL) Insider Activity
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Ball Corp disclosed in a document filed with the SEC on Jun 10 ’24 that Glew Mandy (SVP and President, EMEA) bought a total of 563 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $68.15 per share for $38367.0. Following the transaction, the insider now directly holds 3563.0 shares of the BALL stock.
Still, SEC filings show that on Nov 20 ’24, Fisher Daniel William (President & C.E.O.) disposed off 5,802 shares at an average price of $59.77 for $0.35 million. The insider now directly holds 118,043 shares of Ball Corp (BALL).
