Witnessing the stock’s movement on the chart, on Wednesday, Silgan Holdings Inc. (NYSE: SLGN) set off with pace as it heaved 3.15% to $47.17, before settling in for the price of $45.73 at the close. Taking a more long-term approach, SLGN posted a 52-week range of $38.11-$54.92.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 6.44%. Meanwhile, its Annual Earning per share during the time was 8.26%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.85%. This publicly-traded company’s shares outstanding now amounts to $106.50 million, simultaneously with a float of $81.87 million. The organization now has a market capitalization sitting at $5.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $44.37, while the 200-day Moving Average is $43.99.
Silgan Holdings Inc. (SLGN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Packaging & Containers industry. Silgan Holdings Inc.’s current insider ownership accounts for 23.13%, in contrast to 70.94% institutional ownership. According to the most recent insider trade that took place on Mar 04 ’24, this organization’s Sr. V.P. – Corp. Dev. sold 4,684 shares at the rate of 43.89, making the entire transaction reach 205,591 in total value, affecting insider ownership by 8,613. Preceding that transaction, on Nov 15 ’23, Company’s Director sold 71,050 for 42.00, making the whole transaction’s value amount to 2,983,787. This particular insider is now the holder of 574,439 in total.
Silgan Holdings Inc. (SLGN) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.63 earnings per share (EPS) for the period topping the consensus outlook (set at $0.58) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
Silgan Holdings Inc.’s EPS increase for this current 12-month fiscal period is 6.85% and is forecasted to reach 3.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.00% through the next 5 years, which can be compared against the 8.26% growth it accomplished over the previous five years trading on the market.
Silgan Holdings Inc. (NYSE: SLGN) Trading Performance Indicators
Let’s observe the current performance indicators for Silgan Holdings Inc. (SLGN). It’s Quick Ratio in the last reported quarter now stands at 0.61. The Stock has managed to achieve an average true range (ATR) of 0.76. Alongside those numbers, its PE Ratio stands at $15.81, and its Beta score is 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.84. Similarly, its price to free cash flow for trailing twelve months is now 19.64.
In the same vein, SLGN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.98, a figure that is expected to reach 0.66 in the next quarter, and analysts are predicting that it will be 3.98 at the market close of one year from today.
Technical Analysis of Silgan Holdings Inc. (SLGN)
Going through the that latest performance of [Silgan Holdings Inc., SLGN]. Its last 5-days volume of 0.61 million indicated improvement to the volume of 0.55 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 91.94% While, its Average True Range was 0.75.
Raw Stochastic average of Silgan Holdings Inc. (SLGN) in the period of the previous 100 days is set at 95.59%, which indicates a major fall in contrast to 99.46% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.39% that was lower than 21.56% volatility it exhibited in the past 100-days period.
