On Tuesday, Silgan Holdings Inc. (NYSE: SLGN) was 1.80% jump from the session before ,before settling in for the closing price of $48.27. A 52-week range for SLGN has been $38.11 – $54.92.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 6.44%. When this article was written, the company’s average yearly earnings per share was at 6.75%. With a float of $81.87 million, this company’s outstanding shares have now reached $106.50 million.
Considering the fact that the conglomerate employs 14520 people, you should pay attention to its efficiency factor.
Silgan Holdings Inc. (SLGN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Silgan Holdings Inc. stocks. The insider ownership of Silgan Holdings Inc. is 23.13%, while institutional ownership is 71.11%. The most recent insider transaction that took place on Mar 04 ’24, was worth 205,591. In this transaction Sr. V.P. – Corp. Dev. of this company sold 4,684 shares at a rate of $43.89, taking the stock ownership to the 8,613 shares. Before that another transaction happened on Nov 15 ’23, when Company’s Director sold 71,050 for $42.00, making the entire transaction worth $2,983,787. This insider now owns 574,439 shares in total.
Silgan Holdings Inc. (SLGN) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.63 earnings per share (EPS) during the time that was better than consensus figure (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.
According to the Wall Street analysts, stocks earnings will be around 6.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 8.26% growth over the previous five years of trading.
Silgan Holdings Inc. (NYSE: SLGN) Trading Performance Indicators
You can see what Silgan Holdings Inc. (SLGN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 20.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.98, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 3.98 in one year’s time.
Technical Analysis of Silgan Holdings Inc. (SLGN)
Compared to the last year’s volume of 0.58 million, its volume of 0.73 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 86.89%. Additionally, its Average True Range was 0.81.
During the past 100 days, Silgan Holdings Inc.’s (SLGN) raw stochastic average was set at 99.16%, which indicates a significant increase from 98.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.63% in the past 14 days, which was lower than the 21.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.16, while its 200-day Moving Average is $44.05. Nevertheless, the first resistance level for the watch stands at $49.48 in the near term. At $49.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $50.44. If the price goes on to break the first support level at $48.52, it is likely to go to the next support level at $47.91. Now, if the price goes above the second support level, the third support stands at $47.56.
Silgan Holdings Inc. (NYSE: SLGN) Key Stats
There are 106,775K outstanding shares of the company, which has a market capitalization of 5.23 billion. As of now, sales total 5,988 M while income totals 325,970 K. Its latest quarter income was 1,340 M while its last quarter net income were 64,430 K.
