Ball Corp (NYSE: BALL) is -6.31% lower on its value in year-to-date trading and has touched a low of $43.51 and a high of $68.12 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 $57.85 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $58.01, the stock is 0.44% and 4.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 0.28% at the moment leaves the stock 4.30% off its SMA200. BALL registered 5.22% gain for a year compared to 6-month gain of 6.93%. The firm has a 50-day simple moving average (SMA 50) of $55.2352 and a 200-day simple moving average (SMA200) of $55.6692.
The stock witnessed a 3.90% loss in the last 1 month and extending the period to 3 months gives it a 22.44%, and is -0.33% down 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 1.48% over the week and 1.62% over the month.
Ball Corp (BALL) has around 16000 employees, a market worth around $16.09B and $12.04B in sales. Current P/E ratio is 30.78 and Fwd P/E is 14.49. Profit margin for the company is 4.69%. Distance from 52-week low is 33.33% and -14.84% 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 12.19% this year.
Ball Corp (BALL) Top Institutional Holders
1014.0 institutions hold shares in Ball Corp (BALL), with institutional investors hold 88.05% of the company’s shares. The shares outstanding are 279.46M, and float is at 276.83M with Short Float at 2.38%. Institutions hold 87.81% of the Float.
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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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).
