Ball Corporation Stock Today

BALL Stock  USD 62.60  0.23  0.37%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Ball is selling for 62.60 as of the 28th of November 2024. This is a 0.37% increase since the beginning of the trading day. The stock's lowest day price was 62.22. Ball has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ball Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
7th of September 1984
Category
Consumer Cyclical
Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado. The company has 298.43 M outstanding shares of which 5.74 M shares are currently shorted by private and institutional investors with about 3.18 trading days to cover. More on Ball Corporation

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Ball Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaShipping Containers (View all Themes)
Business ConcentrationMetal, Glass & Plastic Containers, Packaging & Containers, Consumer Cyclical, NYSE Composite, SP 500 Index, Shipping Containers, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04280.0366
Fairly Up
Slightly volatile
Asset Turnover1.250.7268
Way Up
Slightly volatile
Gross Profit Margin0.140.1903
Way Down
Slightly volatile
Net Debt8.3 B7.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities6.5 B6.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total9.7 B9.3 B
Sufficiently Up
Slightly volatile
Total Assets20.3 B19.3 B
Sufficiently Up
Slightly volatile
Total Current Assets5.1 B4.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B
Sufficiently Up
Slightly volatile
Debt Levels
Ball can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ball's financial leverage. It provides some insight into what part of Ball's total assets is financed by creditors.
Liquidity
Ball Corporation currently holds 8.57 B in liabilities with Debt to Equity (D/E) ratio of 2.62, implying the company greatly relies on financing operations through barrowing. Ball has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ball's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

286.2 Million
Ball Corporation (BALL) is traded on New York Stock Exchange in USA. It is located in 9200 West 108th Circle, Westminster, CO, United States, 80021 and employs 21,000 people. Ball is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.61 B. Ball conducts business under Containers & Packaging sector and is part of Materials industry. The entity has 298.43 M outstanding shares of which 5.74 M shares are currently shorted by private and institutional investors with about 3.18 trading days to cover. Ball Corporation currently holds about 473 M in cash with 1.86 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check Ball Probability Of Bankruptcy
Ownership Allocation
Ball holds a total of 298.43 Million outstanding shares. The majority of Ball Corporation outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ball to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ball. Please pay attention to any change in the institutional holdings of Ball Corporation as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ball Ownership Details

Ball Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
4.4 M
Norges Bank2024-06-30
3.4 M
Amvescap Plc.2024-06-30
2.9 M
Legal & General Group Plc2024-06-30
2.9 M
Goldman Sachs Group Inc2024-06-30
2.8 M
Dimensional Fund Advisors, Inc.2024-09-30
2.7 M
Northern Trust Corp2024-09-30
2.6 M
Mirova Us Llc2024-09-30
2.5 M
Bank Of America Corp2024-06-30
2.5 M
Vanguard Group Inc2024-09-30
34.7 M
Blackrock Inc2024-06-30
22.2 M
View Ball Diagnostics

Ball Historical Income Statement

At this time, Ball's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 1.3 B this year, although the value of Income Tax Expense will most likely fall to about 87.6 M. View More Fundamentals

Ball Stock Against Markets

Ball Corporate Management

When determining whether Ball is a strong investment it is important to analyze Ball's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Dividend Share
0.8
Earnings Share
2.4
Revenue Per Share
44.401
Quarterly Revenue Growth
(0.01)
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.