Alert: New Earnings Report (10/31/24)-BALL CORP (NYSE: BALL).

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BALL CORP (NYSE: BALL) has reported E.P.S. of $0.63 for its third fiscal quarter (ending September 30) versus $0.42 for the same period a year ago — an increase of 50%. E.P.S. were $1.87 for the latest four quarters through September 30 versus $1.40 for the same period a year ago — an increase of 34%.

Recent Price Action

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BALL CORP (NYSE: BALL) stock suffered a large decline of -7.7% on 10/31/24. The stock closed at $59.25. Moreover, trading volume in this decline was exceptionally high at 210% of normal. The stock has performed in line with the market over the last nine months and has declined -9.5% during the last week.

Current PriceTarget Research Rating

BALL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

BALL CORP has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. BALL CORP has a poor Appreciation Score of 29 but a slightly positive Power Rating of 66, triggering the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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