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.
SLGN was given price targets by several analysts. The most optimistic price target was 35, which equates to a potential upside of 11.64 percent. The most pessimistic analyst gave a price target of 30, which equates to a potential downside of -4.31 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.22 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of SLGN to grow at a rate of 29.47 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SLGN is 0.84.
In the last 52-weeks, SLGN has achieved a high of 32.50 and a low of 23.58. Currently the stock is 32.95 percent higher than its low, and 3.54 percent below the high. SLGN has a price/earnings 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 market cap of SLGN is $3.52 billion. SLGN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.