Ball stock: buy or sell?

BLL stock price: $63.55 -3.92% At close on December 6th, 2019

Updated on:
December 6th, 2019

2

Shares of Ball collapsed a hair-raising -3.92% and closed at $63.55.

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.

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 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.
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

Ball stock analysis

Daily outlook

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.

BLL stock chart (daily)

Weekly outlook

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.

BLL stock chart (weekly)

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 $72.20

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. 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:
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%
The price prediction for Ball stock is $72.20, moving in a range between $87.00 and $60.00. In average, analysts' outlook on BLL price forecast is positive, upgrading the target by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since May, when Ball published its last earnings report, it . 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

In 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%

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 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.
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 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:

BLLBACCKNOCPKG
Market cap$20.8 B$199.3 B$10.1 B$58.1 B$10.7 B
Total shares327.1 M562.8 M135.5 M168.5 M94.7 M
Float shares323.3 M528.7 M127.8 M167.8 M90.9 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 selling0.0%0.0%0.0%0.0%0.0%

Ball summary

Friday, December 6th, 2019
Open$66.80
Close$63.55
Day range$63.02 - $66.80
Previous close$66.14
Session gain-3.92%
Average true range$1.48
50d mov avg$68.93
100d mov avg$72.11
200d mov avg$66.76
Daily pattern
Weekly pattern lb03a

Ball performance

To 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.
Stock3m6m12m
BLLBall-18.65%-3.17%32.42%
BABoeing-1.88%1.32%12.08%
CCKCrown14.12%24.45%54.58%
NOCNorthrop Grumman-5.90%9.12%35.99%
PKG13.44%20.24%25.85%
SEESealed Air-2.10%-12.87%14.46%
SLGNSilgan3.31%2.85%21.93%
TAPMolson Coors Brew...-3.33%-8.33%-16.42%
WRKWestrock18.78%16.04%-4.43%

Ball competitors

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

Latest Ball stock news