While Ball Corp has overperformed by 0.16%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BALL fell by -12.31%, with highs and lows ranging from $71.32 to $50.81, whereas the simple moving average fell by -18.07% in the last 200 days.
On January 16, 2025, Wells Fargo Downgraded Ball Corp (NYSE: BALL) to Underweight. A report published by UBS on January 10, 2025, Upgraded its rating to ‘Neutral’ for BALL. Mizuho also Upgraded BALL shares as ‘Outperform’, setting a target price of $67 on the company’s shares in a report dated December 10, 2024. Morgan Stanley September 04, 2024d the rating to Overweight on September 04, 2024, and set its price target from $69 to $78. Robert W. Baird August 14, 2024d its ‘Neutral’ rating to ‘Outperform’ for BALL, as published in its report on August 14, 2024. Truist’s report from June 25, 2024 suggests a price prediction of $76 for BALL shares, giving the stock a ‘Buy’ rating. Barclays also rated the stock as ‘Equal Weight’.
Analysis of Ball Corp (BALL)
It’s important to note that BALL shareholders are currently getting $0.80 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -15.29%, showing a negative trend in the upcoming months.
Ball Corp’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 8.74% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.69, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and BALL is registering an average volume of 2.32M. On a monthly basis, the volatility of the stock is set at 2.26%, whereas on a weekly basis, it is put at 2.95%, with a loss of -8.51% over the past seven days. Furthermore, long-term investors anticipate a median target price of $64.15, showing growth from the present price of $51.27, which can serve as yet another indication of whether BALL is worth investing in or should be passed over.
How Do You Analyze Ball Corp Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.40%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 84.88% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BALL shares are owned by institutional investors to the tune of 84.88% at present.
