News articles about Ball (NYSE:BLL) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ball earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.498068000717 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Stream All the Times Square New Years Eve Festivities Right Here – Including the Ball Drop (yahoo.com)
- Dragon of Chongqing China Embraces The New Year’s Eve Ball On Top Of Times Square (prnewswire.com)
- New Year’s Eve 2018 TV Schedule: When And Where To Watch The Ball Drop (ibtimes.com)
- Déclaration de GOMG Holdings Ltd relative à la vente d’une participation minoritaire dans la raffinerie de Ballsh à Delvina Investment Partners Ltd par les propriétaires Sargeant et Abu Naba’a (prnewswire.com)
- El Sr. Sargeant y el Sr. Abu Naba’a venden su participación de la refinería de Ballsh a Delvina Investment Partners Ltd (prnewswire.com)
A number of research analysts have commented on BLL shares. UBS Group initiated coverage on Ball in a research note on Monday, October 23rd. They set a “buy” rating and a $50.00 price target on the stock. Robert W. Baird reiterated a “buy” rating and issued a $45.00 price objective on shares of Ball in a research note on Thursday, October 12th. Vertical Research upgraded Ball from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Friday, December 15th. They noted that the move was a valuation call. TheStreet cut Ball from a “b-” rating to a “c+” rating in a research note on Thursday, December 14th. Finally, Zacks Investment Research cut Ball from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. Ball presently has a consensus rating of “Hold” and an average price target of $45.00.
Ball (BLL) opened at $37.85 on Tuesday. The stock has a market capitalization of $13,249.60, a PE ratio of 59.14, a price-to-earnings-growth ratio of 3.53 and a beta of 0.96. Ball has a twelve month low of $35.65 and a twelve month high of $43.24. The company has a current ratio of 1.04, a quick ratio of 0.66 and a debt-to-equity ratio of 1.95.
Ball (NYSE:BLL) last announced its earnings results on Thursday, November 2nd. The industrial products company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.07). Ball had a return on equity of 18.31% and a net margin of 2.13%. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same quarter last year, the company posted $0.48 EPS. Ball’s quarterly revenue was up 5.7% on a year-over-year basis. sell-side analysts forecast that Ball will post 1.95 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.06%. Ball’s dividend payout ratio (DPR) is 62.50%.
In other news, COO James N. Peterson sold 1,349 shares of Ball stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $38.05, for a total transaction of $51,329.45. Following the completion of the sale, the chief operating officer now directly owns 38,008 shares in the company, valued at approximately $1,446,204.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman John A. Hayes sold 5,619 shares of Ball stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $41.98, for a total transaction of $235,885.62. The disclosure for this sale can be found here. Insiders have sold 18,182 shares of company stock valued at $747,206 in the last quarter. Insiders own 2.70% of the company’s stock.
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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