Silgan Holdings Inc. (NYSE:SLGN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Silgan Holdings Inc. (NYSE:SLGNGet Free Report) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $53.30.

SLGN has been the topic of several recent analyst reports. Citigroup dropped their target price on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Bank of America lifted their price objective on Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Truist Financial dropped their price objective on Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. UBS Group set a $47.00 target price on Silgan and gave the company a “neutral” rating in a research report on Thursday. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $51.00 target price (up from $49.00) on shares of Silgan in a report on Thursday, July 9th.

Check Out Our Latest Stock Report on Silgan

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its holdings in Silgan by 2,525.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 707 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Silgan in the third quarter valued at $33,000. EverSource Wealth Advisors LLC raised its holdings in shares of Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 577 shares during the period. Danske Bank A S boosted its position in shares of Silgan by 233.3% during the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 700 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of Silgan by 37.4% during the 4th quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 295 shares in the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Down 3.7%

Silgan stock opened at $41.09 on Friday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 0.53. Silgan has a 52-week low of $35.68 and a 52-week high of $49.55. The firm has a 50 day moving average price of $42.53 and a two-hundred day moving average price of $42.51. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 2.34 and a beta of 0.66.

Silgan (NYSE:SLGNGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the firm posted $1.01 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. Equities analysts predict that Silgan will post 3.79 EPS for the current year.

Silgan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Silgan’s dividend payout ratio (DPR) is 31.58%.

Silgan News Summary

Here are the key news stories impacting Silgan this week:

About Silgan

(Get Free Report)

Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.

Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.

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Analyst Recommendations for Silgan (NYSE:SLGN)

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