Ball Corporation recently posted a miss of the Zacks Consensus Estimate and the Zacks Rank fell to the lowest possible level. This stock has a Zacks Rank #5 (Strong Sell) and it is the Bear of the Day.
Description
Ball is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers.
Earnings History
The most recent quarter was a small miss, but prior to that things were just fine the previous three reports were all beats of the Zacks Consensus Estimate.
Estimate Revisions
Earnings estimate revisions are the primary driver of the Zacks Rank. When estimates move higher the Rank tends to move higher as well. This is not the case for BLL, as estimate came down following the most recent earnings report.
Chart
Despite the recent earnings miss, BLL still has a positive long term outlook and a good looking chart. This might be a good candidate to do more research on as investors like to find stocks that have a good dip to buy.
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Bear Of The Day: Ball Corporation (BLL)
Ball Corporation recently posted a miss of the Zacks Consensus Estimate and the Zacks Rank fell to the lowest possible level. This stock has a Zacks Rank #5 (Strong Sell) and it is the Bear of the Day.
Description
Ball is a manufacturer of metal and plastic packaging, primarily for beverages and foods, and a supplier of aerospace and other technologies and services to commercial and governmental customers.
Earnings History
The most recent quarter was a small miss, but prior to that things were just fine the previous three reports were all beats of the Zacks Consensus Estimate.
Estimate Revisions
Earnings estimate revisions are the primary driver of the Zacks Rank. When estimates move higher the Rank tends to move higher as well. This is not the case for BLL, as estimate came down following the most recent earnings report.
Chart
Despite the recent earnings miss, BLL still has a positive long term outlook and a good looking chart. This might be a good candidate to do more research on as investors like to find stocks that have a good dip to buy.
Ball Corporation Price and Consensus
Ball Corporation Price and Consensus | Ball Corporation Quote
New Report: An Investor’s Guide to Cybersecurity
Cyberattacks have become more frequent and destructive than ever. In fact, they’re expected to cause $6 trillion per year in damage by 2020. The cybersecurity industry is expanding quickly in response to these threats. In fact, a projected $170 billion per year will be spent to protect consumer and corporate assets. Zacks has just released Cybersecurity: An Investor’s Guide to Locking Down Profits which reveals 4 promising investment candidates.
Download the new report now>>