Ball Corporation (BLL) Earns Daily News Impact Rating of 0.20
News articles about Ball Corporation (NYSE:BLL) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ball Corporation earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.112036077118 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Insiders Selling, Short Interest Growing Ball Corporation (NYSE:BLL) – Modern Readers (modernreaders.com)
- Insider Selling: Ball Corporation (BLL) VP Sells 13,249 Shares of Stock (americanbankingnews.com)
- New Strong Sell Stocks for August 15th (finance.yahoo.com)
- Shedding Some Light on Ball Corp (BLL)’s Technicals – Evergreen Caller (evergreencaller.com)
- Barclays Keeps Rating And Lowers Price Target On Ball Corporation (BLL) (expressnewsline.com)
BLL has been the subject of several recent research reports. Vertical Research lowered shares of Ball Corporation from a “buy” rating to a “hold” rating and set a $41.50 price target for the company. in a report on Friday, May 5th. Jefferies Group LLC boosted their price target on shares of Ball Corporation from $45.00 to $47.50 and gave the company a “buy” rating in a report on Friday, May 5th. TheStreet upgraded shares of Ball Corporation from a “c+” rating to a “b” rating in a report on Thursday, May 4th. Zacks Investment Research upgraded shares of Ball Corporation from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Finally, ValuEngine upgraded shares of Ball Corporation from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 18th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $44.05.
Ball Corporation (NYSE BLL) traded down 0.79% on Tuesday, hitting $40.32. 1,938,911 shares of the company traded hands. The firm has a market capitalization of $14.18 billion, a P/E ratio of 57.19 and a beta of 0.95. The stock’s 50-day moving average is $41.80 and its 200 day moving average is $59.50. Ball Corporation has a 12 month low of $35.65 and a 12 month high of $43.06.
Ball Corporation (NYSE:BLL) last issued its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by $0.02. Ball Corporation had a return on equity of 17.63% and a net margin of 1.70%. The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The firm’s revenue was up 40.6% compared to the same quarter last year. Equities analysts forecast that Ball Corporation will post $2.03 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.99%. Ball Corporation’s dividend payout ratio is currently 78.43%.
In related news, VP Scott C. Morrison sold 13,249 shares of Ball Corporation stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $40.35, for a total value of $534,597.15. Following the completion of the transaction, the vice president now owns 392,091 shares in the company, valued at $15,820,871.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director R David Hoover sold 22,000 shares of Ball Corporation stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $39.75, for a total transaction of $874,500.00. Following the completion of the transaction, the director now owns 205,260 shares of the company’s stock, valued at approximately $8,159,085. The disclosure for this sale can be found here. Insiders sold 130,903 shares of company stock valued at $5,374,430 in the last quarter. 2.70% of the stock is owned by insiders.
ILLEGAL ACTIVITY WARNING: “Ball Corporation (BLL) Earns Daily News Impact Rating of 0.20” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/ball-corporation-bll-earns-daily-news-impact-rating-of-0-20/1492638.html.
Ball Corporation Company Profile
Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. Its segments include beverage packaging, North and Central America; beverage packaging, South America; beverage packaging, Europe; food and aerosol packaging; aerospace, and other.
Receive News & Ratings for Ball Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.