Silgan Holdings Inc. (NYSE: SLGN) is -1.17% lower on its value in year-to-date trading and has touched a low of $38.11 and a high of $50.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLGN stock was last observed hovering at around $46.66 in the last trading session, with the day’s loss setting it -1.94%.
Currently trading at $44.72, the stock is -6.00% and -2.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -4.16% at the moment leaves the stock 1.45% off its SMA200. SLGN registered -9.89% loss for a year compared to 6-month gain of 12.39%.
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The stock witnessed a -7.37% loss in the last 1 month and extending the period to 3 months gives it a -2.66%, and is -5.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.86% over the week and 2.09% over the month.
Silgan Holdings Inc. (SLGN) has around 14520 employees, a market worth around $4.76B and $5.99B in sales. Current P/E ratio is 14.99 and Fwd P/E is 11.24. Profit margin for the company is 5.44%. Distance from 52-week low is 17.34% and -10.88% from its 52-week high. The company has generated returns on investments over the last 12 months (7.05%).
The EPS is expected to grow by 6.75% this year
The shares outstanding are 106.50M, and float is at 81.87M with Short Float at 2.49%.
Silgan Holdings Inc. (SLGN) Insider Activity
The most recent transaction is an insider sale by Prinzen B Frederik, the company’s Sr. V.P. – Corp. Dev. SEC filings show that Prinzen B Frederik sold 4,684 shares of the company’s common stock on Mar 04 ’24 at a price of $43.89 per share for a total of $0.21 million. Following the sale, the insider now owns 8613.0 shares.
Silgan Holdings Inc. disclosed in a document filed with the SEC on Nov 15 ’23 that ALLOTT ANTHONY J (Director) sold a total of 71,050 shares of the company’s common stock. The trade occurred on Nov 15 ’23 and was made at $42.00 per share for $2.98 million. Following the transaction, the insider now directly holds 0.57 million shares of the SLGN stock.
Still, SEC filings show that on Nov 14 ’23, ALLOTT ANTHONY J (Director) disposed off 10,027 shares at an average price of $41.80 for $0.42 million. The insider now directly holds 645,489 shares of Silgan Holdings Inc. (SLGN).
