Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Ball Corp (NYSE: BALL) closed at $57.55 down -5.75% from its previous closing price of $61.06. In other words, the price has decreased by -$5.75 from its previous closing price. On the day, 5.23 million shares were traded. BALL stock price reached its highest trading level at $60.71 during the session, while it also had its lowest trading level at $56.45.
Ratios:
For a deeper understanding of Ball Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on September 04, 2024, Upgraded its rating to Overweight and sets its target price to $78 from $69 previously.
On August 14, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $70.
Truist Upgraded its Hold to Buy on June 25, 2024, whereas the target price for the stock was revised from $67 to $76.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 20 ’24 when Fisher Daniel William sold 5,802 shares for $59.77 per share. The transaction valued at 346,795 led to the insider holds 118,043 shares of the business.
DANIEL W. FISHER bought 5,802 shares of BALL for $346,795 on Nov 20 ’24. On May 17 ’24, another insider, Mariani Pedro Henrique, who serves as the Director of the company, sold 5,000 shares for $69.90 each. As a result, the insider received 349,486 and left with 9,844 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BALL now has a Market Capitalization of 18221883392 and an Enterprise Value of 21934413824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 1.591 whereas that against EBITDA is 10.48.
Stock Price History:
Over the past 52 weeks, BALL has reached a high of $71.32, while it has fallen to a 52-week low of $54.06. The 50-Day Moving Average of the stock is -8.99%, while the 200-Day Moving Average is calculated to be -10.94%.
Shares Statistics:
For the past three months, BALL has traded an average of 1.62M shares per day and 1654890 over the past ten days. A total of 300.04M shares are outstanding, with a floating share count of 297.25M. Insiders hold about 0.39% of the company’s shares, while institutions hold 84.83% stake in the company. Shares short for BALL as of 1731628800 were 5740481 with a Short Ratio of 3.54, compared to 1728950400 on 6129924. Therefore, it implies a Short% of Shares Outstanding of 5740481 and a Short% of Float of 2.21.
Dividends & Splits
According to the company, the forward annual dividend rate for BALL is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0131018665The stock’s 5-year Average Dividend Yield is 1.08.
