Ball stock: buy or sell?

BLL stock price: $64.38 2.91% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting an extraordinary 10.45% on Mar/26, Ball closed yesterday at $64.38 and escalated a great 2.91%. On Monday BLL plummed a spooky -5.68%.

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. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Ball stock situation right now, hence this is not a suitable entry point.

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?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for BLL stock for the last 30 days.

Ball stock analysis

Daily outlook

After boosting an extraordinary 10.45% on Mar 26th, Ball closed yesterday at $64.38 and escalated a great 2.91%.

After boosting an extraordinary 10.45% on Mar/26, Ball closed yesterday at $64.38 and escalated a great 2.91%. On February, BLL hit a new all time high, pushing higher than on September tops. Check different trading setups that use ATHs as triggers. Since last March/11 when BLL stock price broke down the SMA200d line, it slid $-8.58 per share (-11.76%). BLL marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $67.63 would break this short term down trend and open possibilities for reversing this situation.

BLL stock chart (daily)

Weekly outlook

After sliding a chilling -16.31% in a week last week, Ball closed this week at $64.38 and skyrocketed an extraordinary 17.29%.

Not so far away is the last price record Ball marked early February, but since then it dropped a 22.11%.

BLL stock chart (weekly)

Ball stock price history

Ball IPO was on December 1st, 1989 at $0.00 per share1. Since then, BLL stock surged 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 February with a price of $82.65.

Ball stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price prediction for Ball stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on May, Ball . 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 revenues report draw a decent gain of 5.94% to $11,635.00 million dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) stayed constant 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 earnings were $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 stable a neutral 0.00%. In the same way, profit margin (net income/sales) remained stable 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 reported $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 sales to same quarter last year, Ball sales marked a tight movement and remained steady 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 invest in a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ball, 0.64% of all outstanding shares are owned by its staff.

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

For a better context understanding, the following table shows ownership data compared to other related stocks:

BLL
Market cap$21.0 B
Total shares325.8 M
Float shares323.0 M
  - Institutional holdings (%)84.8%
  - Insider holdings (%)0.6%
Shares in short selling0.0%

Ball summary

Friday, March 27th, 2020
Open$61.08
Close$64.38
Day range$60.69 - $65.79
Previous close$62.56
Session gain2.91%
Average true range$6.60
50d mov avg$70.95
100d mov avg$68.03
200d mov avg$70.33
Daily patternlb06a
Weekly pattern

Ball performance

To measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for Ball stock.
Stock3m6m12m
BLLBall-0.28%-11.16%12.24%

Ball competitors

Unfortunately, we could not find any public company that could be defined as Ball competitor. This doesn't mean Ball does not have any competitor in the market, it's just we could not detected it.

    Latest Ball stock news