Based on the provided data, here's a comprehensive analysis of BALL stock:
Recent Performance
The stock is currently trading at $50.35, down 0.24% in regular market trading. The stock experienced a significant drop of 8.03% during today's trading session following disappointing Q4 results.
Technical Analysis
The stock shows bearish signals with:
- RSI at 29.05 indicating oversold conditions
- MACD at -1.23 suggesting bearish momentum
- Trading below its 20-day moving average of 54.00
Fibonacci Levels
- Current Support: $50.94 (S1)
- Next Support: $49.34 (S2)
- Current Resistance: $56.13 (R1)
- Pivot Point: $53.53
Recent Earnings & Outlook
Q4 2024 results showed:
- Revenue: $2.88B vs $2.903B year ago
- EPS: -$0.11 vs $0.49 year ago
- Adjusted EPS: $0.84 (beat analyst estimates of $0.81)
Analyst Sentiment
Recent analyst actions show mixed but generally cautious sentiment:
- Morgan Stanley maintains Buy with $70 PT (36.85% upside)
- Barclays lowered PT to $61 from $72 (18.77% upside)
- RBC Capital maintains Buy with $66 PT (28.50% upside)
- Wells Fargo recently downgraded to Sell with $49 PT (-9.44% upside) citing beverage can manufacturer headwinds
Recommendation: SELL
The combination of technical weakness, recent earnings disappointment, and mixed analyst sentiment suggests avoiding the stock at current levels. The stock is showing oversold conditions, but multiple headwinds including challenging macro backdrop, trade policy risks, and exposure to beer consumption concerns warrant caution.