Ball stock: buy or sell?
May 21st, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-17||Wells Fargo & Co||n/a||Outperform|
|2019-2-21||Wells Fargo & Co||Outperform||Outperform|
|2019-2-13||BMO Capital Markets||Outperform||Outperform|
Ball stock analysis
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.
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%).
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 $61.80Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-17||Wells Fargo & Co||Raises Target||$66.00||$68.00||3%|
|2019-4-17||Morgan Stanley||Raises Target||$55.00||$63.00||14.5%|
|2019-2-21||Wells Fargo & Co||Raises Target||$56.00||$60.00||7.1%|
|2019-2-13||BMO Capital Markets||Raises Target||$55.00||$60.00||9.1%|
Financials and fundamental analysis
Earnings date and Earnings per ShareFor 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%
|2013||$8,460 M||-||$406 M4.8%||-|
|2014||$8,570 M||1.30%||$470 M5.5%||15.65%|
|2015||$7,997 M||-6.69%||$281 M3.5%||-40.23%|
|2016||$9,061 M||13.30%||$263 M2.9%||-6.37%|
|2017||$10,983 M||21.21%||$374 M3.4%||42.21%|
|2018||$11,635 M||5.94%||$454 M3.9%||21.39%|
|TTM||$11,635 M||0.00%||$446 M3.8%||-1.76%|
Quarterly financial resultsBall 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.
|2017-Q2||$2,860 M||-||$99 M3.5%||-|
|2017-Q3||$2,908 M||1.68%||$48 M1.7%||-51.52%|
|2017-Q4||$2,747 M||-5.54%||$159 M5.8%||231.25%|
|2018-Q1||$2,785 M||1.38%||$125 M4.5%||-21.38%|
|2018-Q2||$3,101 M||11.35%||$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 ownershipWhen 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:
|Market cap||$20.9 B||$198.5 B||$7.9 B||$53.4 B||$8.7 B|
|Total shares||334.7 M||562.6 M||135.3 M||169.8 M||93.8 M|
|Float shares||331.0 M||562.2 M||127.8 M||157.0 M||92.6 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$61.95 - $62.76|
|Average true range||$1.49|
|50d mov avg||$59.41|
|100d mov avg||$55.44|
|200d mov avg||$50.13|
Ball performanceTo 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:
|TAPMolson Coors Brew...||-5.62%||-8.25%||-3.02%|
Ball competitorsWe selected a few stocks to conform a list of Ball competitors to watch if you are interested in investing in BLL:
- Boeing (BA)
- Crown (CCK)
- Northrop Grumman (NOC)
- Sealed Air (SEE)
- Silgan (SLGN)
- Molson Coors Brewing (TAP)
- Westrock (WRK)
Latest Ball stock news
- Seeking AlphaIntercept: Bears Spike The Ball But May Not Have Even ScoredApril 15, 2019
- Seeking AlphaBall - High Debt And Ambitious ManagementMarch 29, 2019
- Seeking AlphaNike Lovers Have The Ball And Move It Down The Field; Online Sales Up 31% As Brand Love Falls 38%September 9, 2018
- CNN MoneyTim Cook on $1 trillion valuation: Keep your eye on the ballAugust 3, 2018
- Seeking AlphaThe Ball Is In Your Court Now, CorusJune 29, 2018