Why Ball (BALL) is a Top Value Stock for the Long-Term

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [2][3][4] - Value Score identifies undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score emphasizes a company's financial health and future growth potential based on earnings and sales projections [3] - Momentum Score focuses on trends in stock price and earnings estimates to identify optimal buying opportunities [3] - VGM Score combines all three styles to highlight stocks with the best overall potential [4] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [5] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for optimal investment potential [6] - A stock with a lower Zacks Rank, even with high Style Scores, may still present risks due to a declining earnings outlook [6] Company Spotlight: Ball Corporation - Ball Corporation, based in Broomfield, CO, is a leading supplier of metal packaging for various industries and also provides aerospace technologies [7] - The company holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating solid performance potential [7] - Ball Corporation's Value Style Score is B, supported by a forward P/E ratio of 19.62, making it attractive for value investors [7] - Recent earnings estimates for fiscal 2024 have been revised upward, with the Zacks Consensus Estimate now at $3.16 per share, alongside an average earnings surprise of 11.7% [7]