Ball (BLL) Scheduled to Post Quarterly Earnings on Wednesday

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.

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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.

Earnings History for Ball (NYSE:BLL)

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