NASDAQ:SLGN - Silgan Stock Price, News, & Analysis

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$28.49 -0.13 (-0.45 %)
(As of 09/24/2018 03:37 PM ET)
Previous Close$28.42
Today's Range$28.12 - $28.50
52-Week Range$26.18 - $31.05
Volume17,911 shs
Average Volume347,744 shs
Market Capitalization$3.17 billion
P/E Ratio17.15
Dividend Yield1.40%
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

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

Debt

Debt-to-Equity Ratio2.59
Current Ratio1.11
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio17.15
Forward P/E Ratio13.70
P/E Growth1.38

Sales & Book Value

Annual Sales$4.09 billion
Price / Sales0.77
Cash Flow$3.2672 per share
Price / Cash8.72
Book Value$6.94 per share
Price / Book4.11

Profitability

EPS (Most Recent Fiscal Year)$1.65
Net Income$269.65 million
Net Margins7.37%
Return on Equity28.00%
Return on Assets4.34%

Miscellaneous

Employees12,400
Outstanding Shares110,620,000
Market Cap$3.17 billion

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 Tuesday, August 7th. Investors of record on Tuesday, September 4th will be given a dividend of $0.10 per share on Tuesday, September 18th. This represents a $0.40 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, August 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 created shares were payable 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) issued its quarterly earnings data on Wednesday, July, 25th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.00. The industrial products company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.07 billion. Silgan had a net margin of 7.37% and a return on equity of 28.00%. The business's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 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, October, 24th 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, July, 25th. The company provided EPS guidance of $2.03-2.13 for the period, compared to the Thomson Reuters consensus estimate of $2.11. Silgan also updated its Q3 guidance to $0.74-0.78 EPS.

What price target have analysts set for SLGN?

10 brokerages have issued twelve-month price targets for Silgan's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Silgan's share price to reach $31.00 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets 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." 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)

Are investors shorting Silgan?

Silgan saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,827,549 shares, a decrease of 29.3% from the July 31st total of 2,585,721 shares. Based on an average trading volume of 409,844 shares, the short-interest ratio is currently 4.5 days. Currently, 2.4% of the company's shares are sold short. View Silgan's Current Options Chain.

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, Pres, CEO & Director (Age 54)
  • Mr. Robert B. Lewis, Exec. VP & CFO (Age 54)
  • Mr. Adam J. Greenlee, Exec. VP & COO (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)

Who are Silgan's major shareholders?

Silgan's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (11.94%), BlackRock Inc. (5.91%), American Century Companies Inc. (1.91%), Deprince Race & Zollo Inc. (1.90%), Wells Fargo & Company MN (1.89%) and Dimensional Fund Advisors LP (1.84%). Company insiders that own Silgan stock include Adam J Greenlee, Anthony J Allott, Anthony P Andreacchi, B Frederik Prinzen, D Greg Horrigan, John W Alden, Leigh J Abramson, Robert B Lewis, Thomas James Snyder and William C Jennings. View Institutional Ownership Trends for Silgan.

Which major investors are selling Silgan stock?

SLGN stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Aristotle Capital Boston LLC, Millennium Management LLC, PNC Financial Services Group Inc., First Quadrant L P CA, Los Angeles Capital Management & Equity Research Inc., New Amsterdam Partners LLC NY and Cubist Systematic Strategies LLC. 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, John W Alden, Robert B Lewis, Thomas James Snyder and William C Jennings. View Insider Buying and Selling for Silgan.

Which major investors are buying Silgan stock?

SLGN stock was bought by a variety of institutional investors in the last quarter, including BTIM Corp., Deprince Race & Zollo Inc., FMR LLC, American Century Companies Inc., Wells Fargo & Company MN, Unigestion Holding SA, First Trust Advisors LP and BlackRock Inc.. 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 $28.37.

How big of a company is Silgan?

Silgan has a market capitalization of $3.17 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.

What is Silgan's official website?

The official website for Silgan is http://www.silganholdings.com.

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:  204 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  627
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 9/24/2018 by MarketBeat.com Staff

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