Ball (NYSE:BALL) Now Covered by Deutsche Bank Aktiengesellschaft

Investment analysts at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ball (NYSE:BALL) in a note issued to investors on Wednesday. The firm set a “buy” rating and a $72.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 22.04% from the stock’s current price.

A number of other analysts have also recently commented on the company. Mizuho lifted their price objective on Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Citigroup upped their target price on shares of Ball from $67.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Morgan Stanley set a $66.00 price target on shares of Ball in a research note on Wednesday, February 4th. Royal Bank Of Canada lowered their price target on shares of Ball from $74.00 to $71.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.00.

Ball Price Performance

BALL stock opened at $59.00 on Wednesday. Ball has a 1 year low of $43.51 and a 1 year high of $68.29. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11. The stock’s 50 day moving average price is $62.33 and its 200 day moving average price is $54.41. The firm has a market cap of $15.70 billion, a P/E ratio of 17.77, a PEG ratio of 1.15 and a beta of 1.10.

Ball (NYSE:BALL) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter last year, the business posted $0.84 earnings per share. Ball’s revenue was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts expect that Ball will post 3.48 earnings per share for the current fiscal year.

Insider Activity

In other Ball news, SVP Kathleen Pitre sold 10,660 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the sale, the senior vice president directly owned 36,772 shares of the company’s stock, valued at approximately $2,450,118.36. This trade represents a 22.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Fauze Villatoro purchased 1,551 shares of the stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of $64.51 per share, with a total value of $100,055.01. Following the acquisition, the senior vice president directly owned 13,778 shares in the company, valued at $888,818.78. This trade represents a 12.69% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.58% of the company’s stock.

Institutional Investors Weigh In On Ball

Several hedge funds have recently modified their holdings of the stock. GoalVest Advisory LLC acquired a new position in Ball during the fourth quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of Ball in the 4th quarter valued at $26,000. Triumph Capital Management purchased a new stake in shares of Ball during the 3rd quarter valued at $26,000. Gilpin Wealth Management LLC purchased a new stake in shares of Ball during the 4th quarter valued at $29,000. Finally, Harbour Investments Inc. increased its holdings in shares of Ball by 44.1% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after buying an additional 222 shares during the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Company Profile

Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.

The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.