Ball (NYSE:BLL) is set to announce its earnings results before the market opens on Wednesday, February 7th. Analysts expect the company to announce earnings of $0.52 per share for the quarter.
Shares of Ball (NYSE BLL) opened at $36.51 on Tuesday. Ball has a twelve month low of $35.65 and a twelve month high of $43.24. The stock has a market cap of $12,780.00, a price-to-earnings ratio of 49.34, a P/E/G ratio of 3.05 and a beta of 0.97. The company has a current ratio of 1.04, a quick ratio of 0.66 and a debt-to-equity ratio of 1.95.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, February 28th. Ball’s dividend payout ratio (DPR) is presently 54.05%.
A number of analysts recently issued reports on BLL shares. Royal Bank of Canada started coverage on shares of Ball in a report on Monday, October 9th. They set an “outperform” rating and a $46.00 price target on the stock. Zacks Investment Research downgraded shares of Ball from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Robert W. Baird reissued a “buy” rating and set a $45.00 price target on shares of Ball in a report on Thursday, October 12th. UBS Group started coverage on shares of Ball in a report on Monday, October 23rd. They set a “buy” rating and a $50.00 price target on the stock. Finally, KeyCorp reissued a “hold” rating on shares of Ball in a report on Thursday, November 2nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. Ball presently has a consensus rating of “Hold” and an average target price of $45.00.
In other news, Chairman John A. Hayes sold 5,519 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $40.74, for a total value of $224,844.06. Following the completion of the sale, the chairman now directly owns 408,451 shares in the company, valued at $16,640,293.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Scott C. Morrison sold 2,591 shares of the stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $38.62, for a total transaction of $100,064.42. Following the completion of the sale, the vice president now owns 390,052 shares of the company’s stock, valued at $15,063,808.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,241 shares of company stock worth $638,091. Insiders own 2.70% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/06/ball-bll-scheduled-to-post-quarterly-earnings-on-wednesday.html.
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.
Receive News & Ratings for Ball Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball and related companies with MarketBeat.com's FREE daily email newsletter.