Ball Corporation (NYSE:BLL) Given Price Target Of $84.75


As per Ball Corporation (NYSE:BLL)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.13 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-01 and 2016-09-15, respectively.

The stock will commence trading ex-dividend from 2016-08-30, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Ball Corporation (NYSE:BLL) disbursed $0.13 in dividend compared to distribution of $0.13, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Ball Corporation (NYSE:BLL) to attain a price target of $84.75. It is an average estimate figure given by 4 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $94. The low price range is set at $75 for next year while the arithmetic mean is seen at 1.86.

Eyeing Earnings Ball Corporation (NYSE:BLL) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.91 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Ball Corporation (NYSE:BLL) earnings came at $1.05 suggesting a deviation of $0.06. The brokerages targeted EPS of $0.99 for the quarter.

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