Silgan Holdings Inc (NYSE: SLGN) is -2.19% lower on its value in year-to-date trading and has touched a low of $41.14 and a high of $58.14 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 $48.82 in the last trading session, with the day’s gains setting it 2.09%.
Currently trading at $50.91, the stock is 3.06% and -0.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 4.28% at the moment leaves the stock -0.96% off its SMA200. SLGN registered 8.69% gain for a year compared to 6-month loss of -1.57%. The firm has a 50-day simple moving average (SMA 50) of $51.101 and a 200-day simple moving average (SMA200) of $51.4053.
The stock witnessed a 2.29% gain in the last 1 month and extending the period to 3 months gives it a -3.94%, and is 2.77% up 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 2.08% over the week and 3.14% over the month.
Silgan Holdings Inc (SLGN) has around 17315 employees, a market worth around $5.44B and $5.85B in sales. Current P/E ratio is 19.73 and Fwd P/E is 11.41. Profit margin for the company is 4.72%. Distance from 52-week low is 23.75% and -12.44% from its 52-week high. The company has generated returns on investments over the last 12 months (4.95%).
The EPS is expected to grow by 13.08% this year.
Silgan Holdings Inc (SLGN) Top Institutional Holders
462.0 institutions hold shares in Silgan Holdings Inc (SLGN), with institutional investors hold 94.29% of the company’s shares. The shares outstanding are 106.79M, and float is at 87.51M with Short Float at 2.51%. Institutions hold 77.72% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.48 million shares valued at $358.96 million. The investor’s holdings represent 7.9375% of the SLGN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.04 million shares valued at $297.84 million to account for 6.5861 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 6.38 million shares representing 5.9737% and valued at over $270.15 million, while FMR LLC holds 3.1317 of the shares totaling 3.35 million with a market value of $141.63 million.
Silgan Holdings Inc (SLGN) Insider Activity
The most recent transaction is an insider sale by Greenlee Adam J, the company’s President and CEO. SEC filings show that Greenlee Adam J sold 125,000 shares of the company’s common stock on Feb 24 ’25 at a price of $54.73 per share for a total of $6.84 million. Following the sale, the insider now owns 0.23 million shares.
Still, SEC filings show that on Feb 13 ’25, LEWIS ROBERT B (EVP, Corp. Dev. & Admin.) disposed off 20,000 shares at an average price of $53.22 for $1.06 million. The insider now directly holds 152,133 shares of Silgan Holdings Inc (SLGN).
