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.
Many analysts weighed in on price targets for SLGN. The most optimistic price target was 35, implying potential capital gains of 11.64 percent. The most pessimistic price target was 30, implying a possible loss of -4.31 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.78 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. 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. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SLGN to grow at a rate of 29.47 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SLGN has a PEG ratio of 0.84.
SLGN has traded between a high of 32.50 and a low of 23.58 over the past year. 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 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.