NASDAQ:SLGN - Silgan Stock Price, Price Target & More

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$26.62 -0.31 (-1.15 %)
(As of 07/22/2018 08:44 AM ET)
Previous Close$26.62
Today's Range$26.4350 - $26.89
52-Week Range$26.26 - $32.16
Volume383,469 shs
Average Volume431,327 shs
Market Capitalization$2.94 billion
P/E Ratio15.21
Dividend Yield1.50%
Beta0.49
Silgan logoSilgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products worldwide. It operates through three segments: Metal Containers, Closures, and Plastic Containers. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as soups, vegetables, fruit, meat, tomato based products, seafood, coffee, adult nutritional drinks, pet food, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Closures segment offers a range of metal and plastic closures for food and beverage products, such as juice drinks, ready-to-drink teas, sports drinks, dairy products, ketchup, salsa, pickles, tomato sauce, soup, cooking sauces, gravies, fruits, vegetables, preserves, baby food, and infant formula products. The Plastic Containers segment manufactures and sells custom designed and stock plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive, and marine chemical products. This segment also offers plastic thermoformed barrier and non-barrier bowls and trays for food products, such as soups and other ready-to-eat meals, and pet food, as well as thermoformed plastic tubs for personal care and household products, including soft fabric wipes. The company markets its products primarily through direct sales force, as well as through a network of distributors and an online shopping catalog. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNASDAQ:SLGN
CUSIP82704810
Phone203-975-7110

Debt

Debt-to-Equity Ratio2.64
Current Ratio1.07
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio15.21
Forward P/E Ratio12.68
P/E Growth1.27

Sales & Book Value

Annual Sales$4.09 billion
Price / Sales0.72
Cash Flow$3.2824 per share
Price / Cash8.11
Book Value$6.94 per share
Price / Book3.84

Profitability

EPS (Most Recent Fiscal Year)$1.65
Net Income$269.65 million
Net Margins6.80%
Return on Equity28.31%
Return on Assets4.00%

Miscellaneous

Employees12,400
Outstanding Shares110,600,000
Market Cap$2,944.15

Silgan (NASDAQ:SLGN) Frequently Asked Questions

What is Silgan's stock symbol?

Silgan trades on the NASDAQ under the ticker symbol "SLGN."

How often does Silgan pay dividends? What is the dividend yield for Silgan?

Silgan announced a quarterly dividend on Friday, May 4th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.10 per share on Friday, June 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Thursday, May 31st. View Silgan's Dividend History.

When did Silgan's stock split? How did Silgan's stock split work?

Silgan's stock split on the morning of Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly minted shares were distributed to shareholders after the market closes on Friday, May 26th 2017. An investor that had 100 shares of Silgan stock prior to the split would have 200 shares after the split.

How were Silgan's earnings last quarter?

Silgan Holdings Inc. (NASDAQ:SLGN) issued its earnings results on Wednesday, April, 25th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.07. The industrial products company earned $1.01 billion during the quarter, compared to analysts' expectations of $981.34 million. Silgan had a return on equity of 28.31% and a net margin of 6.80%. The business's revenue was up 25.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. View Silgan's Earnings History.

When is Silgan's next earnings date?

Silgan is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Silgan.

What guidance has Silgan issued on next quarter's earnings?

Silgan updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $2.03-$2.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.07. Silgan also updated its Q2 guidance to $0.50-$0.54 EPS.

What price target have analysts set for SLGN?

10 analysts have issued twelve-month price objectives for Silgan's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Silgan's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Ratings for Silgan.

What is the consensus analysts' recommendation for Silgan?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silgan in the last year. There are currently 3 sell ratings, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Silgan stock?

Here are some recent quotes from research analysts about Silgan stock:
  • 1. According to Zacks Investment Research, "For 2018, Silgan Holdings expects that its adjusted earnings per share will be $2.03-$2.13, reflecting 26% year-over-year growth at the mid-point. It expects improvement in sales and operating income across all its three segments. For second-quarter 2018, Silgan Holdings guides adjusted earnings per share of 50-54 cents, reflecting 49% increase at the mid-point. This increase is primarily a result of the inclusion of the Dispensing Systems operation. The company expects solid top-line growth for the business in the near future. Improvement in capital expenditures and lower effective tax rate will also drive growth. However, Silgan Holdings’ results will be impacted by ongoing plan of inventories reduction and increase in debt. Recent tariff on steel and aluminum prices will also hurt its margin performance. Moreover, the stock has underperformed the industry to which it belongs to, over the past year." (6/21/2018)
  • 2. KeyCorp analysts commented, "We are increasing our 2018 adjusted EPS estimate by the amount of the estimated operational beat, going from $2.06 to $2.11 (guidance remains $2.03-$2.13). We are going up by the same $0.05 for 2019, from $2.10 to $2.15 (consensus is $2.28). Our free cash flow estimates remain the same: $300 million in 2018 (in line with guidance) and $282 million in 2019. SLGN’s Plastic Containers business appears to be on more solid footing than in years past, though the business has had many fits and starts over the years." (4/25/2018)

Who are some of Silgan's key competitors?

Who are Silgan's key executives?

Silgan's management team includes the folowing people:
  • Mr. Anthony J. Allott, Chief Exec. Officer, Pres and Director (Age 54)
  • Mr. Robert B. Lewis, Chief Financial Officer and Exec. VP (Age 54)
  • Mr. Adam J. Greenlee, Chief Operating Officer and Exec. VP (Age 44)
  • Mr. Frank W. Hogan III, Sr. VP, Gen. Counsel and Sec. (Age 57)
  • Mr. Thomas J. Snyder, Pres of Silgan Containers (Age 51)

Has Silgan been receiving favorable news coverage?

Media stories about SLGN stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silgan earned a media sentiment score of 0.15 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 45.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Silgan's major shareholders?

Silgan's stock is owned by many different of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (1.90%), James Investment Research Inc. (0.06%), Fox Run Management L.L.C. (0.02%), Nisa Investment Advisors LLC (0.02%), Shoker Investment Counsel Inc. (0.02%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Silgan stock include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan, Robert B Lewis, Thomas James Snyder and William C Jennings. View Institutional Ownership Trends for Silgan.

Which institutional investors are selling Silgan stock?

SLGN stock was sold by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Shoker Investment Counsel Inc. and Municipal Employees Retirement System of Michigan. Company insiders that have sold Silgan company stock in the last year include Adam J Greenlee, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan, Robert B Lewis, Thomas James Snyder and William C Jennings. View Insider Buying and Selling for Silgan.

Which institutional investors are buying Silgan stock?

SLGN stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., James Investment Research Inc., Nisa Investment Advisors LLC and Bank of Montreal Can. View Insider Buying and Selling for Silgan.

How do I buy shares of Silgan?

Shares of SLGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Silgan's stock price today?

One share of SLGN stock can currently be purchased for approximately $26.62.

How big of a company is Silgan?

Silgan has a market capitalization of $2.94 billion and generates $4.09 billion in revenue each year. The industrial products company earns $269.65 million in net income (profit) each year or $1.65 on an earnings per share basis. Silgan employs 12,400 workers across the globe.

How can I contact Silgan?

Silgan's mailing address is 4 LANDMARK SQUARE, STAMFORD CT, 06901. The industrial products company can be reached via phone at 203-975-7110 or via email at [email protected]


MarketBeat Community Rating for Silgan (NASDAQ SLGN)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  606
MarketBeat's community ratings are surveys of what our community members think about Silgan and other stocks. Vote "Outperform" if you believe SLGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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