Silgan (NYSE:SLGN - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.000-4.200 for the period, compared to the consensus EPS estimate of 4.130. The company issued revenue guidance of -. Silgan also updated its Q1 2025 guidance to 0.740-0.840 EPS.
SLGN has been the subject of several recent research reports. Bank of America boosted their target price on shares of Silgan from $60.00 to $61.00 and gave the company a "buy" rating in a research report on Monday, January 6th. Truist Financial boosted their price objective on shares of Silgan from $63.00 to $69.00 and gave the company a "buy" rating in a research report on Monday, January 6th. Royal Bank of Canada raised their target price on Silgan from $58.00 to $63.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Finally, StockNews.com lowered Silgan from a "buy" rating to a "hold" rating in a report on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $59.75.
View Our Latest Report on Silgan
Shares of Silgan stock opened at $53.04 on Wednesday. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.26 and a beta of 0.71. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. The stock's 50-day simple moving average is $53.64 and its 200-day simple moving average is $51.75. Silgan has a 52 week low of $41.14 and a 52 week high of $58.14.
Silgan (NYSE:SLGN - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.02). Silgan had a return on equity of 18.76% and a net margin of 5.11%. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company earned $1.16 earnings per share. The company's revenue for the quarter was down 3.2% compared to the same quarter last year. As a group, analysts expect that Silgan will post 3.6 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Monday, December 2nd. Silgan's dividend payout ratio (DPR) is presently 27.54%.
Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.
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