Ball Corporation Common Stock (NYSE:BLL):
Ball to Announce Third Quarter Earnings on Nov. 3, Schedules December Investor Field Trip.
The company is trading up by 0.70 percent from yesterday’s close.
Additionally Ball Corporation Common Stock declared a dividend for shareholders paid on Thursday the 15th of September 2016. The dividend payment was $0.130 per share for the quarter or $0.52 on an annualized basis. The dividend yield was $0.66. The ex-dividend date was Tuesday the 30th of August 2016.
Shares of the company are trading at $79.56 a tad higher than $79.52, the stock’s 50 day moving average and just a bit higher than the 200 day moving average of $73.80. The 50 day moving average went up by +0.05% and the 200 day average went up by +7.81%.
The P/E ratio is 36.66 and market cap is 13.86B. As of the latest earnings report the EPS was $2.17 and is expected to be $3.44 for the current year with 174,228,000 shares outstanding. Next quarter’s EPS is estimated at $0.84 with next year’s EPS projected to be $4.28.
A few brokerage analysts have weighed in on the stock. On March 31 the stock rating was upgraded from “Neutral” to “Overweight” with a current price target of $79.00 in a statement from JP Morgan. On March 31, 2016 JP Morgan made no change to the price target of $79.00 but upgraded the company to Overweight from Neutral.
On December 9 the company was upgraded to “Buy” from “Hold” in a report from Jefferies. On December 3 the company was upgraded to “Outperform” from “Market Perform” by analysts at Wells Fargo.
On November 10 the stock rating was upgraded to “Outperform” from “Neutral” by Macquarie. On November 9 the stock rating was upgraded to “Outperform” from “Neutral” in a report issued by Macquarie.