Ball stock: buy or sell?

BLL stock price: $79.73 0.00% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

4

After topping to all time highs on Monday, Ball stayed constant 0.00% to $79.73.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups are elegible for Ball stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Ball stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 15 ratings published for BLL stock in the last 30 days.

The general sentiment of these ratings is bullish for BLL stock, with 9 positive ratings.
Is BLL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-6Morgan Stanleyn/aOverweight
2019-8-5Wells Fargo & CoOutperformMarket Perform
2019-8-5Citigroupn/aBuy
2019-8-2UBS Groupn/aNeutral
2019-8-2KeyCorpn/aHold
2019-7-8Vertical ResearchHoldSell
2019-7-11Citigroupn/aBuy
2019-6-5Morgan Stanleyn/aOverweight
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

Ball stock analysis

Daily outlook

After several days of continuous rises in past weeks, Ball stayed stable 0.00% to $79.73.

Ball stayed constant 0.00% today to $79.73 after reaching all time highs on Monday. From a daily perspective, BLL is in a short term uptrend after plotting its last bottom ($72.93, on Aug/7) higher than the previous bottom, and its last top ($80.66, on Monday) also over the previous top. Now trading in between its last bottom and last top BLL might consolidate in a plain range, waiting to break out over $80.66 or down under $72.93. On Monday, BLL hit a new all time high, pushing higher than on Friday tops. Check different trading setups that use ATHs as triggers.

BLL stock chart (daily)

Weekly outlook

Ball remained constant 0.13% this week and touched a new all time high at $80.66. This week was the 5th green week in a row.

BLL shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid July, BLL climbed unceasignly breaking out to new all time highs. By mid September 2018, SMA20w and SMA40w crossed up triggering a rise of 81.78%. Since price and SMA20w lines crossed up early January, BLL climbed $34.33 (75.62%).

BLL stock chart (weekly)

Ball stock price history

Ball IPO was on November 29th, 1989 at $0.01 per share1. Since then, BLL stock surged a 797,200.00%, with an average of 27,489.70% per year. If you had invested right after BLL's IPO a $1,000 in Ball stock in 1989, it would worth $7,972,000.00 today.

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

Ball stock historical price chart

BLL stock reached all-time highs on Monday with a price of $80.66.

Ball stock price target is $72.20

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' BLL stock price predictions in the hope that they will be met as they may be wrong and not met. We found 11 price targets for Ball stock released in the last 30 days:
BLL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-6Morgan StanleyRaises Target$71.00$87.0022.5%
2019-8-5Wells Fargo & CoDowngrades$68.00$72.005.9%
2019-8-5CitigroupReiterates$81.00$86.006.2%
2019-8-2UBS GroupRaises Target$60.00$78.0030%
2019-7-11CitigroupRaises Target$69.00$81.0017.4%
2019-6-5Morgan StanleyRaises Target$66.00$71.007.6%
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%
(in average)$64.40$72.2012.0%
Moving in a range from $87.00 and $60.00, the price target for Ball stock is $72.20. In average, analysts' outlook on BLL price forecast is positive, improving the prediction by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on May, Ball climbed a dazzling 33.35%. As soon as we get its posted EPS from the earnings report, we will extend this report.
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 increase of 5.94% to $11,635.00 million dollars. However, its profit margin (compared to revenues) stayed steady to 3.90%, that is $454.00 million.

To have an up to date 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 earnings were $446.00 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Ball business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, remained steady a neutral 0.00%. Likewise, profit margin (net income/sales) stayed constant at 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 M in sales for 2019-Q1, a -0.64% less compared to previous quarter. Reported quarter income marked $117.00 million with a profit margin of 4.20%. Profit margin declined 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 tight movement and remained stable a 0.00%. Looking back to recent quarterly results, Ball posted 3 negative 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 buy shares of a company, it's worth to review 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$26.7 B$198.1 B$9.1 B$62.7 B$9.6 B
Total shares334.7 M582.6 M135.3 M169.8 M94.5 M
Float shares328.0 M562.0 M127.7 M156.4 M92.5 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

Thursday, August 22nd, 2019
Open$79.78
Close$79.73
Day range$79.21 - $80.26
Previous close$79.73
Session gain0.00%
Average true range$1.71
50d mov avg$72.02
100d mov avg$66.46
200d mov avg$58.76
Daily patternlt06a
Weekly pattern lb03c

Ball performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Ball performance to Boeing, Crown, Northrop Grumman, , Sealed Air, Silgan, Molson Coors Brewing and Westrock:
Stock3m6m12m
BLLBall30.28%44.91%95.70%
BABoeing-3.60%-18.86%-0.57%
CCKCrown11.44%22.80%58.53%
NOCNorthrop Grumman18.79%28.41%25.49%
PKG12.18%4.68%-5.54%
SEESealed Air0.34%-3.36%8.71%
SLGNSilgan0.84%4.82%11.43%
TAPMolson Coors Brew...-11.15%-15.20%-21.84%
WRKWestrock-2.36%-12.33%-36.52%

Ball competitors

One check before investing in any stock is to review a list of its competitors, in this case for Ball. We selected 8 companies as Ball competitors as they are in the same industry or have similar market objectives.

Latest Ball stock news