The stock price of Silgan Holdings Inc (NYSE: SLGN) has dropped by -0.40 compared to previous close of 52.82. Despite this, the company has seen a gain of 4.14% in its stock price over the last five trading days. businesswire.com reported 2025-01-13 that STAMFORD, Conn.–(BUSINESS WIRE)–SILGAN TO RELEASE FOURTH QUARTER AND FULL YEAR 2024 EARNINGS RESULTS ON JANUARY 29, 2025.
Is It Worth Investing in Silgan Holdings Inc (NYSE: SLGN) Right Now?
Silgan Holdings Inc (NYSE: SLGN) has a higher price-to-earnings ratio of 19.04x compared to its average ratio. SLGN has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SLGN is 84.31M, and currently, short sellers hold a 3.63% ratio of that float. The average trading volume of SLGN on January 20, 2025 was 650.12K shares.
SLGN’s Market Performance
SLGN’s stock has seen a 4.14% increase for the week, with a -2.90% drop in the past month and a 2.02% gain in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 1.90% for Silgan Holdings Inc The simple moving average for the past 20 days is 1.38% for SLGN’s stock, with a 6.03% simple moving average for the past 200 days.
Analysts’ Opinion of SLGN
Many brokerage firms have already submitted their reports for SLGN stocks, with JP Morgan repeating the rating for SLGN by listing it as a “Neutral.” The predicted price for SLGN in the upcoming period, according to JP Morgan is $53 based on the research report published on August 01, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see SLGN reach a price target of $50. The rating they have provided for SLGN stocks is “Buy” according to the report published on July 08th, 2024.
Citigroup gave a rating of “Neutral” to SLGN, setting the target price at $47 in the report published on January 03rd of the previous year.
SLGN Trading at -2.33% from the 50-Day Moving Average
After a stumble in the market that brought SLGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.51% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares sank -1.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.87% lower at present.
During the last 5 trading sessions, SLGN rose by +4.14%, which changed the moving average for the period of 200-days by +8.97% in comparison to the 20-day moving average, which settled at $51.90. In addition, Silgan Holdings Inc saw 1.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SLGN starting from ALLOTT ANTHONY J, who sale 98,394 shares at the price of $53.91 back on Nov 18 ’24. After this action, ALLOTT ANTHONY J now owns 456,812 shares of Silgan Holdings Inc, valued at $5,304,421 using the latest closing price.
ALLOTT ANTHONY J, the Director of Silgan Holdings Inc, proposed sale 98,394 shares at $55.13 during a trade that took place back on Nov 15 ’24, which means that ALLOTT ANTHONY J is holding shares at $5,424,461 based on the most recent closing price.
Stock Fundamentals for SLGN
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.17 for the gross margin
The net margin for Silgan Holdings Inc stands at 0.05. The total capital return value is set at 0.11. Equity return is now at value 15.42, with 3.80 for asset returns.
Based on Silgan Holdings Inc (SLGN), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.85. The interest coverage ratio of the stock is 3.53.
Currently, EBITDA for the company is 858.67 million with net debt to EBITDA at 4.19. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 4.78for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To put it simply, Silgan Holdings Inc (SLGN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
