BLL
Ball Corp
Industrial/Transportation, Event Driven/Special Sit
06/30/2015
Presented
| Date | 06/25/2015 |
| Price | $36.28 |
| Market Cap | N/A |
| Ent Value | $13.49B |
| P/E Ratio | 25.9x |
| Book Value | $3.42 |
| Div Yield | 0.72% |
| Shares O/S | 275.88M |
| Ave Daily Vol | 2,120,000 |
| Short Int | 5.08% |
Current
| Price | $66.03 |
| Market Cap | $20.04B |
| Ball Corporation, together with its subsidiaries, supplies metal packaging products to the beverage, food, personal care, and household products industries worldwide. It operates in four segments: Metal Beverage Packaging, Americas and Asia; Metal Beverage Packaging, Europe; Metal Food and Household Products Packaging; and Aerospace and Technologies. The Metal Beverage Packaging, Americas and Asia segment manufactures and sells metal beverage containers for use in beverage packaging. The Metal Beverage Packaging, Europe segment manufactures and sells metal beverage containers in Europe. The Metal Food and Household Products Packaging segment offers steel food, aerosol, paint, and general line and decorative specialty containers, as well as extruded aluminum beverage and aerosol containers, and aluminum slugs. The Aerospace and Technologies segment designs, develops, and manufactures aerospace systems, including spacecraft, instruments and sensors, radio frequency systems and components, data exploitation solutions, and aerospace technologies and products for civil, commercial, and national security aerospace markets. It is also involved in the design, manufacture, and testing of satellites, remote sensors, and ground station control hardware and software, as well as provides related services, such as launch vehicle integration and satellite operations. In addition, this segment offers target identification, warning, and attitude control systems and components; cryogenic systems for reactant storage, and associated sensor cooling devices; star trackers; and fast-steering mirrors, as well as technical services and products to government agencies, prime contractors, and commercial organizations for various information warfare, electronic warfare, avionics, intelligence, training, and space systems needs. Ball Corporation was founded in 1880 and is headquartered in Broomfield, Colorado. |
Please note, this stock split on 05/17/2017 at a ratio of 2/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $72.56.
Publicly traded companies mentioned herein: Ball Corporation (BLL), Rexam PLC (REX LN)
Highlights
The presenter is long shares of Ball Corporation (BLL), citing an attractive risk/reward set-up from the Rexam acquisition on top of healthy organic growth. The presenter thinks the stock will trade at $105 in 18 months, with almost zero downside if the deal breaks.
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