A Closer Look at Ball Corp. (BALL)’s Operating Margin

Ball Corp. [BALL] stock prices are down -0.23% to $63.80 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BALL shares have gain 1.27% over the last week, with a monthly amount glided 2.80%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ball Corp. [NYSE: BALL] stock has seen the most recent analyst activity on August 14, 2024, when Robert W. Baird upgraded its rating to a Outperform but kept the price target unchanged to $70 for it. Previously, Truist upgraded its rating to Buy on June 25, 2024, and elevated its price target to $76. On April 04, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $71 on the stock. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $68 as its price target on March 18, 2024. BofA Securities upgraded its rating to Buy for this stock on March 04, 2024, and upped its price target to $72. In a note dated March 01, 2024, Wolfe Research initiated an Peer Perform rating.

The stock price of Ball Corp. [BALL] has been fluctuating between $42.81 and $71.32 over the past year. Currently, Wall Street analysts expect the stock to reach $69.45 within the next 12 months. Ball Corp. [NYSE: BALL] shares were valued at $63.80 at the most recent close of the market. An investor can expect a potential return of 8.86% based on the average BALL price forecast.

Analyzing the BALL fundamentals

The Ball Corp. [NYSE:BALL] reported sales of 12.78B for trailing twelve months, representing a drop of -15.92%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.09 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.51 points at the first support level, and at 63.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.05, and for the 2nd resistance point, it is at 64.31.

Ratios To Look Out For

It’s worth pointing out that Ball Corp. [NYSE:BALL]’s Current Ratio is 1.18. In addition, the Quick Ratio stands at 0.88 and the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 1.52, the price to book ratio is 2.82.

Transactions by insiders

Recent insider trading involved Mariani Pedro Henrique, Director, that happened on May 17 ’24 when 5000.0 shares were sold. President & C.E.O., Fisher Daniel William completed a deal on Mar 14 ’24 to buy 3869.0 shares. Meanwhile, SR VP & COO Lewis Ronald J. bought 4637.0 shares on Nov 21 ’23.

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