Ball stock: buy or sell?

BLL stock price: $62.41 0.60% At close on May 21st, 2019

Updated on:
May 21st, 2019

3

After marking all time highs on May 14th, Ball gained 0.60% today to $62.41.

Ball Corporation supplies metal packaging products to the beverage, food, personal care, and household industries. It operates in five segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace.

Should I buy Ball stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Ball stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Ball stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 8 ratings published for BLL stock in the last month.

The general sentiment of these ratings is bullish for BLL stock, with 6 positive ratings.
Is BLL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-17Wells Fargo & Con/aOutperform
2019-4-5CitigroupBuyBuy
2019-4-17Morgan StanleyOverweightOverweight
2019-2-21Wells Fargo & CoOutperformOutperform
2019-2-15UBS GroupBuyNeutral
2019-2-13BMO Capital MarketsOutperformOutperform
2019-1-7KeyCorpn/aHold
2019-1-7CitigroupBuyBuy

Ball stock analysis

Daily outlook

Ball gained 0.60% to $62.41 after topping to all time highs on May/14.

After reaching all time highs on May 14th, Ball gained 0.60% today to $62.41. BLL is retaking the upward trend marking a new rising bottom heading to break out over $65.31. Since January when BLL stock price broke up the SMA100d line, it gained $18.23 (41.26%). On May/14, BLL hit new all time highs, pushing higher previous ATH of $64.91 recorded on May 13th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

BLL stock chart (daily)

Weekly outlook

Ball stayed stable a tight -0.26% this week.

In a weekly time frame, Ball stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, BLL might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Ball marked last week. Since mid September 2018 when SMA20w and SMA40w crossed up, BLL price gained $18.44 per share (41.94%). Since late July 2018 when BLL stock price broke up the SMA40w line, it gained $25.05 (67.05%).

BLL stock chart (weekly)

Ball stock price history

Ball stock went public on November 27th, 1989 with a price of $0.001. Since then, BLL stock surged a inf%, with a yearly average of inf%. If you had invested $1,000 in Ball stock in 1989, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Ball stock historical price chart

BLL stock reached all-time highs on May/14 with a price of $65.31.

Ball stock price target is $61.80

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 6 price targets for Ball stock published in the last month:
BLL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-17Wells Fargo & CoRaises Target$66.00$68.003%
2019-4-5CitigroupRaises Target$61.00$68.0011.5%
2019-4-17Morgan StanleyRaises Target$55.00$63.0014.5%
2019-2-21Wells Fargo & CoRaises Target$56.00$60.007.1%
2019-2-13BMO Capital MarketsRaises Target$55.00$60.009.1%
2019-1-7CitigroupLowers Target$55.00$52.00-5.5%
(in average)$58.00$61.807.0%
The price forecast for Ball stock is $61.80, moving in a range between $68.00 and $52.00. In average, analysts' outlook on BLL price target is positive, improving the forecast by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

For the last 20 days, when Ball presented its last earnings report, it grew a nice 4.12%. Unfortunately, reported EPS is not yet available in our database.
BLL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.37n/a
2017-Q32017-11-020.590.52-11.9%
2017-Q42018-02-070.520.615.4%
2018-Q12018-05-030.450.511.1%
2018-Q22018-08-020.580.580.0%
2018-Q32018-11-010.60.56-6.7%
2018-Q42019-01-310.560.55-1.8%
2019-Q12019-05-010.51n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a decent growth of 5.94% to $11,635.00 million USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) stayed stable a 0.50% to 3.90%.

To have an updated view of the financial situation of Ball, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Ball TTM sales up to March 2019 were $11,635.00 and income was $446.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Ball business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, remained constant a tight 0.00%. Regarding profit margin, Ball stayed constant -0.07% to 3.90%

BLL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$8,460 M-$406 M4.8%-
2014$8,570 M1.30%$470 M5.5%15.65%
2015$7,997 M-6.69%$281 M3.5%-40.23%
2016$9,061 M13.30%$263 M2.9%-6.37%
2017$10,983 M21.21%$374 M3.4%42.21%
2018$11,635 M5.94%$454 M3.9%21.39%
TTM $11,635 M0.00%$446 M3.8%-1.76%

Quarterly financial results

Ball posted $2,785.00 million in sales for 2019-Q1, a -0.64% decline compared to previous quarter. Reported quarter income marked $117.00 M with a profit margin of 4.20%. Profit margin depreciated a -1.19% compared to previous quarter when profit margin was 5.39%. When comparing turnover to same quarter last year, Ball sales marked a neutral move and remained steady a 0.00%. Looking back to recent quarterly results, Ball posted 3 positive quarters in a row.
BLL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,860 M-$99 M3.5%-
2017-Q3$2,908 M1.68%$48 M1.7%-51.52%
2017-Q4$2,747 M-5.54%$159 M5.8%231.25%
2018-Q1$2,785 M1.38%$125 M4.5%-21.38%
2018-Q2$3,101 M11.35%$119 M3.8%-4.80%
2018-Q3$2,946 M-5.00%$59 M2.0%-50.42%
2018-Q4$2,803 M-4.85%$151 M5.4%155.93%
2019-Q1$2,785 M-0.64%$117 M4.2%-22.52%

Ball ownership

When you are planning to invest in a company, it's always worth to check its ownership structure.

Ball shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.82% of all shares.

Bearish positions for BLL stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Ball:

BLLBACCKNOCPKG
Market cap$20.9 B$198.5 B$7.9 B$53.4 B$8.7 B
Total shares334.7 M562.6 M135.3 M169.8 M93.8 M
Float shares331.0 M562.2 M127.8 M157.0 M92.6 M
  - Institutional holdings (%)89.0%70.6%110.1%85.3%89.6%
  - Insider holdings (%)0.8%0.1%1.9%0.5%1.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Ball summary

Tuesday, May 21st, 2019
Open$62.19
Close$62.41
Day range$61.95 - $62.76
Previous close$62.04
Session gain0.60%
Average true range$1.49
50d mov avg$59.41
100d mov avg$55.44
200d mov avg$50.13
Daily patternlb02a
Weekly pattern lt06a

Ball performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared Ball against Boeing, Crown, Northrop Grumman, , Sealed Air, Silgan, Molson Coors Brewing and Westrock in the following table:
Stock3m6m12m
BLLBall13.14%28.20%64.11%
BABoeing-16.33%14.18%-0.02%
CCKCrown7.82%23.22%28.93%
NOCNorthrop Grumman8.96%19.04%-3.65%
PKG-5.26%-1.77%-20.58%
SEESealed Air-3.63%12.33%-7.39%
SLGNSilgan4.24%20.45%9.14%
TAPMolson Coors Brew...-5.62%-8.25%-3.02%
WRKWestrock-9.41%-20.58%-38.91%

Ball competitors

We selected a few stocks to conform a list of Ball competitors to watch if you are interested in investing in BLL:

Latest Ball stock news