Analyst Ratings for Silgan Holdings Inc. (SLGN)Updated: 2017-07-26
Silgan Holdings Inc. (NASDAQ:SLGN) was awarded an average rating of Hold from investment analysts following the stock. SLGN had previously received a consensus rating of Hold a month ago.
12 analysts issued ratings on the stock, where 2 gave SLGN a buy rating, 0 issued an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for SLGN by the analysts covering the stock. The highest price target was 35, which equates to a potential upside of 11.64 percent. The most pessimistic price target was 30, implying a possible loss of -4.31 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.78 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.22 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of SLGN's earnings is estimated by analysts to be 29.47 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. SLGN has a PEG ratio of 0.84.
In the trailing 52-weeks, SLGN hit 32.50 at the highest peak, while it's lowest trading point was 23.58. Currently the stock is 32.95 percent higher than its low, and below the high by 3.54 percent. SLGN has a P/E ratio of 24.78. Investors typically compare the P/E ratio to a company's peers in the industry. The SLGN value stock report compares SLGN to some of its peers using value stock charts. The stock has a market capitalization of $3.52 billion. SLGN's next earnings release will be on 0000-00-00, which is days away.