Media coverage about Ball (NYSE:BLL) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ball earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.7642020394429 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Ball (NYSE:BLL) traded up $0.01 during midday trading on Thursday, reaching $40.81. The company’s stock had a trading volume of 1,678,348 shares, compared to its average volume of 2,354,601. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.04 and a quick ratio of 0.66. Ball has a 52 week low of $35.65 and a 52 week high of $43.24. The firm has a market cap of $14,278.77, a PE ratio of 21.87, a price-to-earnings-growth ratio of 3.80 and a beta of 0.96.
Ball (NYSE:BLL) last released its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.07). Ball had a return on equity of 18.31% and a net margin of 2.13%. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.91 billion. During the same quarter in the prior year, the company earned $0.48 EPS. The business’s revenue was up 5.7% on a year-over-year basis. research analysts predict that Ball will post 1.95 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Thursday, November 30th. Ball’s payout ratio is currently 62.50%.
A number of equities research analysts have recently weighed in on BLL shares. Jefferies Group reaffirmed a “buy” rating and set a $49.00 price target (down from $50.00) on shares of Ball in a report on Wednesday, August 9th. Vertical Group reaffirmed a “hold” rating and set a $43.00 price target (up from $41.50) on shares of Ball in a report on Wednesday, August 9th. BidaskClub downgraded Ball from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th. KeyCorp reissued a “hold” rating on shares of Ball in a report on Wednesday, October 4th. Finally, Royal Bank Of Canada assumed coverage on Ball in a report on Monday, October 9th. They issued an “outperform” rating and a $46.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Ball currently has a consensus rating of “Hold” and an average target price of $45.58.
In other Ball news, Chairman John A. Hayes sold 5,519 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $40.74, for a total transaction of $224,844.06. Following the transaction, the chairman now owns 408,451 shares of the company’s stock, valued at approximately $16,640,293.74. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman John A. Hayes sold 5,695 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $41.29, for a total value of $235,146.55. Following the transaction, the chairman now directly owns 407,973 shares in the company, valued at approximately $16,845,205.17. The disclosure for this sale can be found here. In the last ninety days, insiders sold 39,141 shares of company stock worth $1,602,323. 2.70% of the stock is owned by corporate insiders.
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Ball Company Profile
Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company’s packaging products are produced for a range of end uses and are manufactured in facilities around the world. Its segments include beverage packaging, North and Central America; beverage packaging, South America; beverage packaging, Europe; food and aerosol packaging; aerospace, and other.
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