Ball Corp. (NYSE: BALL): Retirees Don’t Worry About Volatility

Ball Corp. (NYSE:BALL) currently has a daily average trading volume of 1.47M but it saw 1362749 shares traded in last market. With a market cap of 19.88B USD, the company’s current market price of $65.48 came rising about 0.02 while comparing to the previous closing price of $65.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $71.32 and as low as $42.81. In the recent trading on the day, stock has struck highest price mark of $65.08 while lowest mark touched by it was $65.75.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which upgraded the stock as “Overweight” in its note to investors issued on September 04, 2024, recommending a price target of between $69 and $78 for it. Robert W. Baird upgraded its recommendation for the stock as a “Outperform” from “Neutral” on August 14, 2024 while assigning a price target of $70. Truist also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $67 and $76.

Over the week, BALL’s stock price is moving -2.69% down while it is -2.47% when we observe its performance for the past one month. Year-to-date it is 13.84% up and over the past year, the stock is showing an upside performance of 52.92%.

Currently, Ball Corp.’s total number of outstanding shares is 315.69M. Company’s return on investment (ROI) stands at -3.90% and return on equity (ROE) at 11.03%. It has a 18.53 of forward P/E ratio. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 2.90 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 3.03% on average.