Ball stock: buy or sell?
December 6th, 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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
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?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we gathered 14 ratings published for BLL stock in the last month. The general sentiment of these ratings is bullish for BLL stock, with 9 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-5||Wells Fargo & Co||Outperform||Market Perform|
|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
Shares of Ball collapsed a hair-raising -3.92% and closed at $63.55.
Ball ended on December/6 at $63.55 and collapsed a hair-raising -3.92%. Since price and SMA200d lines crossed down on November/27, BLL fell $-3.00 per share (-4.51%). On September, BLL hit a new all time high, pushing higher than on August tops. Check different trading setups that use ATHs as triggers.
Ball ended this week at $63.55 and dropped a godawful -3.80%. Early November BLL plummed a bloodcurdling -5.75% in just one week.
BLL marked an uptrend of rising tops and rising bottoms. Since its last top early September at $81.70, price slid and bounced up back from $63.39. Breaking down under $63.39 would cancel the current uptrend and it might test lower supports. Note that $81.70 might act as a resistance line. Not so far away is the last all-time high Ball marked early September, but since then it dropped a 22.22%. Since early November, when BLL stock price broke down the 40-weeks moving avarage line, it slid $-4.66 per share (-6.83%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.
Ball stock price history
Ball stock went public on November 29th, 1989 with a price of $0.001. Since then, BLL stock grew a inf%, with an average of inf% per year. 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 September with a price of $81.70.
Ball stock price target is $72.20Predicting 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. 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. For the last 30 days we found 11 price targets for BLL stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-6||Morgan Stanley||Raises Target||$71.00||$87.00||22.5%|
|2019-8-5||Wells Fargo & Co||Downgrades||$68.00||$72.00||5.9%|
|2019-8-2||UBS Group||Raises Target||$60.00||$78.00||30%|
|2019-6-5||Morgan Stanley||Raises Target||$66.00||$71.00||7.6%|
|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 ShareSince May, when Ball published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Ball annual turnover jumped a good 5.94% to $11,635.00 M dollars from $10,983.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) stayed stable a 0.50% to 3.90%. Ball fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Ball TTM sales up to March 2019 were $11,635.00 and earnings $446.00 M USD. 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 neutral 0.00%. Regarding profit margin, Ball stayed stable -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 M in revenues for 2019-Q1, a -0.64% decline compared to previous quarter. Reported quarter income marked $117.00 million 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 revenues to same quarter last year, Ball sales marked a neutral movement and stayed constant a 0.00%. Looking back to recent quarterly results, Ball posted 3 negative 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 buy a stock, it's always 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:
|Market cap||$20.8 B||$199.3 B||$10.1 B||$58.1 B||$10.7 B|
|Total shares||327.1 M||562.8 M||135.5 M||168.5 M||94.7 M|
|Float shares||323.3 M||528.7 M||127.8 M||167.8 M||90.9 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%|
|Friday, December 6th, 2019|
|Day range||$63.02 - $66.80|
|Average true range||$1.48|
|50d mov avg||$68.93|
|100d mov avg||$72.11|
|200d mov avg||$66.76|
Ball performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked Boeing, Crown, Northrop Grumman, , Sealed Air, Silgan, Molson Coors Brewing and Westrock as the bechmarking frame for Ball stock.
|TAPMolson Coors Brew...||-3.33%||-8.33%||-16.42%|
Ball competitorsWe picked a few stocks to conform a list of Ball competitors to review 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
- InvestorPlaceBank Earnings as a Crystal BallJuly 15, 2019
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- 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