Home News Stock to Watch Ball Corporation (NYSE: BLL)

Stock to Watch Ball Corporation (NYSE: BLL)

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Ball Corporation (BLL) trades as part of the Consumer Cyclical sector and is in the Packaging & Containers industry. The company CEO is John A. HayesBall Corp is the world’s largest metal can manufacturer. The company primarily serves the North American food can market with its packaging products and the US defense industry by offering various components used in the space mission.

Previous Intraday Trading Performance:

The Packaging & Containers company showed a previous change of -0.39% with an open at 38.21and a close of 38.07. It reached an intraday high of 38.54 and a low of 37.92.

Liquidity:

The stock has a market cap of $13.3b with 349.2m shares outstanding, of which the float is 344.4mshares. Trading volume reached 2,317,153 shares compared to its average volume of 2,700,770shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Ball Corporation shares returned -1.12% and in the past 30 trading days it returned -2.86%. Over three months, it changed -0.71%. In one year it has changed -3.39% and within that year its 52-week high was 43.24 and its 52-week low was 35.60BLL stock is 6.94% above its 52 Week Low.

Our calculations show a 200 day moving average of 39.92 and a 50 day moving average of 40.01. Currently BLL stock is trading -4.63below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Earnings:

The last annual fiscal EPS for the company was reported at 1.05 that ended on December 31, 2017, which according to the previous close, that is a PE of 36.26. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.45. The TTM EPS is 2.15, which comes to a TTM PE of 17.71.

The following are the last four quarter reported earnings per share:
Mar 31, 2018:  0.50
Dec 31, 2017:  0.60
Sep 30, 2017:  0.52
Jun 30, 2017:  0.53

The dividend per share is currently 0.40, which is a dividend yield of 1.05%.

Indicators to Watch:


Short-interest is 15,771,288, which is 4.52% of shares outstanding. The short-interest ratio or days-to-cover ratio is 6.54This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.88.

Fundamental Indicators:

Based on last reported financials, return on assets is 2.33%, profit margin is 3.79%, price-to-sales is 1.18 and price-to-book is 3.31.

More News:

SeekingAlpha:  Ball (BLL) Q1 2018 Results – Earnings Call Transcript
SeekingAlpha:  Ball Corp. -3% as North/Central American unit underperforms
SeekingAlpha:  Ball beats by $0.05, beats on revenue

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The founder of Trading News Now (TNN) and contributor to the stock market trading community. Graduated from Brigham Young University - Idaho with a degree in financial economics. Aside from his extensive knowledge in fundamental analysis of publicly traded companies, other interests include programming and financial modeling.

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