Zacks Research Forecasts Ball’s Q3 Earnings (NYSE:BALL)

Ball Corporation (NYSE:BALL – Free Report) – Analysts at Zacks Research boosted their Q3 2027 earnings estimates for shares of Ball in a report issued on Friday, October 23rd. Zacks Research analyst Team now expects that the company will earn $1.21 per share for the quarter, up from their previous estimate of $1.16. The consensus estimate for Ball’s current full-year earnings is $4.01 per share. Zacks Research also issued estimates for Ball’s Q4 2027 earnings at $1.19 EPS.

Ball (NYSE:BALL – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period last year, the firm posted $0.90 EPS. The company’s revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS.

A number of other research analysts also recently issued reports on BALL. Wells Fargo & Company dropped their price target on Ball from $72.00 to $70.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Citigroup cut Ball from a “buy” rating to a “reduce” rating in a research note on Wednesday, August 5th. Truist Financial set a $78.00 price objective on Ball in a report on Wednesday, August 5th. Bank of America raised their target price on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $65.00 target price on the stock in a report on Friday, September 18th. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

View Our Latest Analysis on BALL

Ball Stock Performance

Shares of BALL stock opened at $64.43 on Tuesday. Ball has a 1 year low of $44.83 and a 1 year high of $68.29. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. The firm has a market cap of $17.05 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 1.30 and a beta of 0.96. The stock’s 50-day moving average is $60.89 and its two-hundred day moving average is $60.60.

Ball Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is 22.66%.

Insiders Place Their Bets

In other Ball news, SVP Mandy Glew sold 5,626 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total value of $358,938.80. Following the transaction, the senior vice president directly owned 7,209 shares of the company’s stock, valued at approximately $459,934.20. The trade was a 43.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.58% of the stock is currently owned by company insiders.

Institutional Trading of Ball

Several hedge funds have recently made changes to their positions in BALL. Leonteq Securities AG lifted its holdings in Ball by 3.6% during the 2nd quarter. Leonteq Securities AG now owns 5,415 shares of the company’s stock valued at $338,000 after purchasing an additional 188 shares during the last quarter. Andrew Hill Investment Advisors Inc. increased its holdings in shares of Ball by 2.3% in the third quarter. Andrew Hill Investment Advisors Inc. now owns 8,719 shares of the company’s stock valued at $489,000 after purchasing an additional 195 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Ball by 29.8% in the second quarter. Parkside Financial Bank & Trust now owns 863 shares of the company’s stock valued at $54,000 after purchasing an additional 198 shares during the last quarter. Parvin Asset Management LLC increased its holdings in shares of Ball by 19.5% in the first quarter. Parvin Asset Management LLC now owns 1,315 shares of the company’s stock valued at $78,000 after purchasing an additional 215 shares during the last quarter. Finally, Evelyn Partners Investment Management LLP increased its holdings in shares of Ball by 11.3% in the first quarter. Evelyn Partners Investment Management LLP now owns 2,144 shares of the company’s stock valued at $127,000 after purchasing an additional 218 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

About Ball

(Get Free Report)

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.

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Earnings History and Estimates for Ball (NYSE:BALL)

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