Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. It operates through four segments: Beverage Packaging, North and Central America; Beverage Packaging, Europe, Middle East and Africa; Beverage Packaging, South America; and Aerospace. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It also develops spacecraft, sensors and instruments, radio frequency systems, and other technologies for the civil, commercial, and national security aerospace markets, as well as offers defense hardware, antenna and video tactical solutions, civil and operational space hardware, and systems engineering services. In addition, the company designs, manufactures, and tests satellites, remote sensors, and ground station control hardware and software; and provides launch vehicle integration and satellite operational services. Further, it offers target identification, warning, and attitude control systems and components; cryogenic systems and associated sensor cooling devices; star trackers; and fast-steering mirrors to the government agencies or their prime contractors. Additionally, the company manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado.
IPO Year:
Exchange: NYSE
Website: https://www.ball.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/4/2024 | $69.00 → $78.00 | Equal-Weight → Overweight | Morgan Stanley |
8/14/2024 | $70.00 | Neutral → Outperform | Robert W. Baird |
6/25/2024 | $67.00 → $76.00 | Hold → Buy | Truist |
4/4/2024 | $66.00 → $71.00 | Overweight → Equal Weight | Barclays |
3/27/2024 | $70.00 | Neutral | Citigroup |
3/18/2024 | $68.00 | Equal-Weight | Morgan Stanley |
3/4/2024 | $61.00 → $72.00 | Underperform → Buy | BofA Securities |
3/1/2024 | Peer Perform | Wolfe Research | |
2/20/2024 | $61.00 → $74.00 | Sector Perform → Outperform | RBC Capital Mkts |
1/16/2024 | $55.00 | Sell | UBS |
Global sports teams unite to run fan-driven sustainability campaign WESTMINSTER, Colo., Nov. 11, 2024 /PRNewswire/ -- Today four of the biggest teams in global sports – Arsenal, Los Angeles Rams, Denver Nuggets, and Colorado Avalanche – join forces to launch the "Green Action League," the largest fan-driven campaign on sustainability ever seen in sports. This collaborative tournament invites European football, American football, basketball, and ice hockey supporters to compete against one another to help their team secure the title of the 'greenest fans'. The tournament, powered by Ball Corporation and hosted on the Planet League platform, runs from November 11 to December 1, 2024 to inspire
WESTMINSTER, Colo., Nov. 6, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL), the leading global provider of sustainable aluminum packaging for beverage, personal care and household products, will present at the Baird 2024 Global Industrial Conference on November 13th, 2024. Daniel W. Fisher, chairman and chief executive officer, and Howard H. Yu, executive vice president and chief financial officer, are scheduled to speak at 10:15 a.m. Central time. To listen to the presentation via live webcast, visit the following link: https://wsw.com/webcast/baird74/ball/1893375 A replay of the presentation will be available after the presentation ends and will be accessible for 90 days at www.ball.com
Highlights Third quarter U.S. GAAP total diluted earnings per share of 65 cents vs. 64 cents in 2023Third quarter comparable diluted earnings per share of 91 cents vs. 83 cents in 2023Returned $1.25 billion to shareholders via share repurchases and dividends in the first nine months of 2024; on track to return in excess of $1.6 billion to shareholders by year-endIn late-October, completed acquisition of Alucan Entec, S.A., a European impact extruded aluminum packaging businessIn 2024 and beyond, positioned to advance the use of sustainable aluminum packaging, grow comparable diluted earnings per share and EVA, generate strong free cash flow and expand long-term return of value to shareholder
TROY, Mich., Oct. 25, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Merck & Co. (NYSE:MRK) as its "Stock to Study" and Ball Corp (NYSE:BALL) as its "Undervalued Stock" in the January 2025 issue for investors' informational and educational use. The organization remains concerned about the number of Americans who are investing for the future. "Too many Americans hesitate to invest, waiting for what they believe is the perfect moment, such as after the election, or for other reasons, missing out on the benefits of compounding. With Halloween less than a week away, it's a reminder that those who take part, reap the reward
WESTMINSTER, Colo., Oct. 23, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable December 16, 2024, to shareholders of record as of December 2, 2024. Ball Corporation will announce its third quarter 2024 earnings on Thursday, October 31st, 2024, before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=0McTrGVD To participate in the live
WESTMINSTER, Colo., Oct. 3, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) will announce its third quarter 2024 earnings on Thursday, October 31, 2024 before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=0McTrGVD To participate in the live call Q&A session, North American callers should use the following number, 877-497-9071. International callers should use the following number, +1 201-689-8727. For those unable to listen t
Highlights Second quarter U.S. GAAP total diluted earnings per share of 51 cents vs. 55 cents in 2023Second quarter comparable diluted earnings per share of 74 cents vs. 61 cents in 2023Global beverage can shipments increased 2.8% and global aluminum aerosol shipments increased 5.6%Returned $790 million to shareholders via share repurchases and dividends in the first half of 2024; on track to return in excess of $1.6 billion to shareholders by year-endIn 2024 and beyond, positioned to advance the use of sustainable aluminum packaging, grow comparable diluted earnings per share, generate strong free cash flow and expand long-term return of value to shareholdersWESTMINSTER, Colo., Aug. 1, 2024
WESTMINSTER, Colo., July 24, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable September 17, 2024, to shareholders of record as of September 3, 2024. Ball Corporation will announce its second quarter 2024 earnings on Thursday, August 1st, 2024, before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=K0QYImmO To participate in the live
WESTMINSTER, Colo., June 27, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) will announce its second quarter 2024 earnings on Thursday, August 1, 2024 before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=K0QYImmO To participate in the live call Q&A session, North American callers should use the following number, 877-497-9071. International callers should use the following number, +1 201-689-8727. For those unable to listen
Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ:WEN), along with previous roles at Kellanova (formerly Kellogg Company) (NYSE:K) and Ford Motor Company (NYSE:F). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624176723/en/Todd Penegor (Photo: Business Wire) "Todd is a values-based lea
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Morgan Stanley upgraded Ball Corp from Equal-Weight to Overweight and set a new price target of $78.00 from $69.00 previously
Robert W. Baird upgraded Ball Corp from Neutral to Outperform and set a new price target of $70.00
Truist upgraded Ball Corp from Hold to Buy and set a new price target of $76.00 from $67.00 previously
Barclays downgraded Ball Corp from Overweight to Equal Weight and set a new price target of $71.00 from $66.00 previously
Citigroup resumed coverage of Ball Corp with a rating of Neutral and set a new price target of $70.00
Morgan Stanley initiated coverage of Ball Corp with a rating of Equal-Weight and set a new price target of $68.00
BofA Securities upgraded Ball Corp from Underperform to Buy and set a new price target of $72.00 from $61.00 previously
Wolfe Research initiated coverage of Ball Corp with a rating of Peer Perform
RBC Capital Mkts upgraded Ball Corp from Sector Perform to Outperform and set a new price target of $74.00 from $61.00 previously
UBS initiated coverage of Ball Corp with a rating of Sell and set a new price target of $55.00
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Highlights Third quarter U.S. GAAP total diluted earnings per share of 65 cents vs. 64 cents in 2023Third quarter comparable diluted earnings per share of 91 cents vs. 83 cents in 2023Returned $1.25 billion to shareholders via share repurchases and dividends in the first nine months of 2024; on track to return in excess of $1.6 billion to shareholders by year-endIn late-October, completed acquisition of Alucan Entec, S.A., a European impact extruded aluminum packaging businessIn 2024 and beyond, positioned to advance the use of sustainable aluminum packaging, grow comparable diluted earnings per share and EVA, generate strong free cash flow and expand long-term return of value to shareholder
WESTMINSTER, Colo., Oct. 23, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable December 16, 2024, to shareholders of record as of December 2, 2024. Ball Corporation will announce its third quarter 2024 earnings on Thursday, October 31st, 2024, before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=0McTrGVD To participate in the live
WESTMINSTER, Colo., Oct. 3, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) will announce its third quarter 2024 earnings on Thursday, October 31, 2024 before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=0McTrGVD To participate in the live call Q&A session, North American callers should use the following number, 877-497-9071. International callers should use the following number, +1 201-689-8727. For those unable to listen t
Highlights Second quarter U.S. GAAP total diluted earnings per share of 51 cents vs. 55 cents in 2023Second quarter comparable diluted earnings per share of 74 cents vs. 61 cents in 2023Global beverage can shipments increased 2.8% and global aluminum aerosol shipments increased 5.6%Returned $790 million to shareholders via share repurchases and dividends in the first half of 2024; on track to return in excess of $1.6 billion to shareholders by year-endIn 2024 and beyond, positioned to advance the use of sustainable aluminum packaging, grow comparable diluted earnings per share, generate strong free cash flow and expand long-term return of value to shareholdersWESTMINSTER, Colo., Aug. 1, 2024
WESTMINSTER, Colo., July 24, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable September 17, 2024, to shareholders of record as of September 3, 2024. Ball Corporation will announce its second quarter 2024 earnings on Thursday, August 1st, 2024, before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=K0QYImmO To participate in the live
WESTMINSTER, Colo., June 27, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) will announce its second quarter 2024 earnings on Thursday, August 1, 2024 before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=K0QYImmO To participate in the live call Q&A session, North American callers should use the following number, 877-497-9071. International callers should use the following number, +1 201-689-8727. For those unable to listen
Highlights First quarter U.S. GAAP total diluted earnings per share of $11.61, inclusive of gain on aerospace sale, vs. 56 cents in 2023First quarter comparable diluted earnings per share of 68 cents vs. 69 cents in 2023Global beverage can shipments increased 3.7%Significantly deleveraged and returned $245 million to shareholders via share repurchases and dividends in the first quarterIn 2024 and beyond, positioned to advance the use of sustainable aluminum packaging, grow comparable diluted earnings per share, generate strong free cash flow and expand long-term return of value to shareholdersWESTMINSTER, Colo., April 26, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) today reported first
WESTMINSTER, Colo., April 24, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable June 17, 2024, to shareholders of record as of June 3, 2024. In addition, the board also approved the repurchase by the company of up to a total of 40 million shares of its common stock. The repurchase authorization replaces all previous authorizations. "Today's increased share repurchase authorization will enable our ongoing multi-year return of capital to shareholders," said Howard Yu, executive vice president and chief financial officer. The Board also elected Mandy Glew to serve as senior vice president and presid
WESTMINSTER, Colo., March 26, 2024 /PRNewswire/ -- Ball Corporation (NYSE:BALL) will announce its first quarter 2024 earnings on Friday, April 26th, 2024 before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. The company is disclosing first quarter earnings one week earlier than its normal cadence due to management's travel to a global conference. Please use the following URL to join via webcast. https://event.choruscall.com/mediaframe/webcast.html?webcastid=aiuPuLZY To participate in the live call Q&A session, North American callers should
Highlights Full-year and fourth quarter U.S. GAAP diluted earnings per share of $2.23 and 49 cents, respectivelyFull-year and fourth quarter comparable diluted earnings per share of $2.90 and 78 cents, respectivelyFull-year and fourth quarter global beverage can shipments down 7.4% and 3.2%, respectively, including RussiaFull-year and fourth quarter global beverage can shipments down 3.3% and down 3.2%, respectively, excluding RussiaAnnounced sale of aerospace business projected to close in the first half of 2024Generated $818 million in free cash flow and returned $255 million to shareholders in 2023In 2024, positioned to grow diluted earnings per share, generate strong free cash flow, dele
UBS analyst Cleveland Rueckert maintains Ball (NYSE:BALL) with a Sell and lowers the price target from $57 to $56.
Wells Fargo analyst Gabe Hajde maintains Ball (NYSE:BALL) with a Equal-Weight and lowers the price target from $64 to $61.
Ball's (NYSE:BALL) short percent of float has fallen 4.59% since its last report. The company recently reported that it has 7.34 million shares sold short, which is 2.7% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.28 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is import
Citigroup analyst Anthony Pettinari maintains Ball (NYSE:BALL) with a Neutral and lowers the price target from $73 to $66.
Ball (NYSE:BALL) has outperformed the market over the past 20 years by 1.67% on an annualized basis producing an average annual return of 9.93%. Currently, Ball has a market capitalization of $18.63 billion. Buying $1000 In BALL: If an investor had bought $1000 of BALL stock 20 years ago, it would be worth $6,542.05 today based on a price of $60.02 for BALL at the time of writing. Ball's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Ball Corp (NYSE:BALL) On June 25, Truist Securities analyst Michael Roxland upgraded Ball from Hold to Buy and raised the price
Ball Corp (NYSE:BALL) shares have lost around 9% over the past month. The recent selloff in the stock offers an "attractive entry point," given the growth in the company's earnings, volumes and free cash flows, according to Truist Securities. The Ball Analyst: Michael Roxland upgraded the rating for Ball from Hold to Buy, while raising the price target from $67 to $76. The Ball Thesis: The stock has declined by around 12% since June 5, versus a 2% gain in the S&P 500, Roxland said in the upgrade note. Check out other analyst stock ratings. The stock is now trading at multiples below the average over the last five years, he added. The pressure on the stock followed "muted vo
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Wells Fargo analyst Andrew Bauch upgraded the rating for Marqeta, Inc. (NASDAQ:MQ) from Equal-Weight to Overweight and maintained the price target of $7. Marqeta shares gained 0.6% to close at $5.30 on Monday. See how other analysts view this stock. Evercore ISI Group analyst Jonathan Chappell upgraded C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) from In-Line to Outperform, while raising the price target from $82 to $99. C.H. Robinson shares gained 2% to close at $88.49 on Monday. See h
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan cut the price target for Sea Limited (NYSE:SE) from $84 to $78. JP Morgan analyst Ranjan Sharma downgraded the stock from Overweight to Neutral. Sea shares gained 0.6% to close at $75.89 on Monday. See how other analysts view this stock. Morgan Stanley raised the price target for Birkenstock Holding plc (NYSE:BIRK) from $44 to $58. Morgan Stanley analyst Edouard Aubin maintained an Equal-Weight rating. Birkenstock shares fell 2.8% to close at $59.78 on Monday. See how other analysts view
Truist Securities analyst Michael Roxland upgrades Ball (NYSE:BALL) from Hold to Buy and raises the price target from $67 to $76.
Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ:WEN), along with previous roles at Kellanova (formerly Kellogg Company) (NYSE:K) and Ford Motor Company (NYSE:F). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624176723/en/Todd Penegor (Photo: Business Wire) "Todd is a values-based lea
WESTMINSTER, Colo., June 3, 2024 /PRNewswire/ -- Ball Corporation's (NYSE:BALL) board of directors has appointed Aaron Erter, CEO of James Hardie Industries plc, the world's leading producer and marketer of high-performance fiber cement siding and fiber gypsum building solutions, to serve as a director of the corporation. Erter, 51, joined James Hardie as CEO in 2022, and before that served as CEO of PLZ Corp, a leader of specialty liquid and aerosol manufacturing; global president for Sherwin-Williams' consumer and industrial businesses; senior vice president and general manager of Valspar's consumer business; and served in numerous leadership roles in sales and marketing while at Stanley B
NEW YORK, March 16, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or "the Firm") today announced the appointment of John Hayes, former Chairman and CEO of Ball Corporation, as an Operating Advisor to CD&R funds with a focus across the industrials sector. Mr. Hayes brings nearly 25 years of experience and global perspective as a senior executive and leader in the industrials space. He joined Ball Corporation (NYSE:BALL), a supplier of aluminum packaging solutions as well as aerospace and other technologies and services, in 1999 and served in several leadership positions
WESTMINSTER, Colo., Sept. 26, 2022 /PRNewswire/ -- Today Ball Corporation (NYSE:BALL) announced that Deron Goodwin has been appointed as vice president and treasurer of the corporation, effective on September 26, 2022. Goodwin joined Ball as assistant treasurer in 2016. Since then, he has played a key role in planning and directing the corporation's global treasury activities and long-term strategic initiatives, as well as identifying and developing solutions to financial risks across our global organization. Goodwin has more than 25 years of experience in capital markets and corporate risk management. Before joining Ball, has was managing director, corporate derivatives and foreign exchan