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

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$26.52 +0.11 (+0.42 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$26.52
Today's Range$26.33 - $26.62
52-Week Range$26.26 - $32.43
Volume1.62 million shs
Average Volume365,377 shs
Market Capitalization$2.92 billion
P/E Ratio16.07
Dividend Yield1.51%
Beta0.48
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

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 Ratio16.07
Forward P/E Ratio12.63
P/E Growth1.26

Sales & Book Value

Annual Sales$4.09 billion
Price / Sales0.72
Cash Flow$3.2944 per share
Price / Cash8.05
Book Value$6.94 per share
Price / Book3.82

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

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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 given 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 1.51%. 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 shares split on Monday, May 29th 2017. The 2-1 split was announced on Thursday, May 4th 2017. The newly issued shares were issued to shareholders after the closing bell 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) released its quarterly earnings results on Wednesday, April, 25th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.07. The industrial products company had revenue of $1.01 billion for 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 firm's revenue was up 25.7% compared to the same quarter last year. During the same quarter last year, the business 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 issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $2.03-$2.13 for the period, compared to the Thomson Reuters consensus estimate of $2.07. Silgan also updated its Q2 guidance to $0.50-$0.54 EPS.

What price target have analysts set for SLGN?

11 Wall Street analysts have issued 1-year target prices for Silgan's shares. Their forecasts range from $25.00 to $35.00. On average, they anticipate Silgan's share price to reach $30.9091 in the next year. View Analyst Ratings for Silgan.

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 coverage about SLGN stock has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silgan earned a daily sentiment score of 0.07 on Accern's scale. They also gave news coverage about the industrial products company an impact score of 46.00 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Silgan's major shareholders?

Silgan's stock is owned by a number of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.90%), BlackRock Inc. (5.77%), Cardinal Capital Management LLC CT (2.39%), Dimensional Fund Advisors LP (1.81%), American Century Companies Inc. (1.70%) and Wells Fargo & Company MN (1.70%). 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 Millennium Management LLC, Russell Investments Group Ltd., Schwab Charles Investment Management Inc., LSV Asset Management, Hsbc Holdings PLC, JPMorgan Chase & Co., Burney Co. and Allianz Asset Management GmbH. 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 BlackRock Inc., Dimensional Fund Advisors LP, Matarin Capital Management LLC, GW&K Investment Management LLC, Cardinal Capital Management LLC CT, American Century Companies Inc., New Amsterdam Partners LLC NY and Wells Fargo & Company MN. 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 $26.52.

How big of a company is Silgan?

Silgan has a market capitalization of $2.92 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 (SLGN)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  590
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 6/23/2018 by MarketBeat.com Staff

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