
Ball Corp (BALL) Stock Forecast & Price Target
Ball Corp (BALL) Analyst Ratings
Bulls say
Ball Corporation, the largest metal can manufacturer with a market share exceeding 40% across North America, Europe, and South America, anticipates a slight increase in shipments for fiscal year 2024, driven by projected volume improvements in both the North American and South American markets. The company is expected to experience margin expansion due to a higher mix of specialty cans and favorable contract renewals, contributing to a revised earnings per share estimate of $3.50 for fiscal year 2025. Additionally, Ball's outlook includes approximately 5% EPS growth in FY24 and potential growth of around 10% in the following years, supported by anticipated volume normalization in the US during the second half of 2024.
Bears say
Ball Corporation is facing significant challenges that contribute to a negative outlook for its stock, primarily due to lower-than-expected volume growth in North America amidst persistent headwinds in the domestic beer market. The South American segment is particularly vulnerable, with Argentina experiencing over a 30% year-over-year decline in volumes driven by severe inflation, raising concerns about consumer demand and financial stability in the region. Additionally, revised EBITDA projections for fiscal years 2025 and 2026 reflect a downward trend, indicating a concern for sustained revenue growth amid rising raw material costs and potential difficulties in achieving synergy targets.
This aggregate rating is based on analysts' research of Ball Corp and is not a guaranteed prediction by Public.com or investment advice.
Ball Corp (BALL) Analyst Forecast & Price Prediction
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