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.
A number of analysts gave price targets for SLGN. The maximum price target given was 35, implying potential capital gains of 11.64 percent. The minimum price target given was 30, implying a possible loss of -4.31 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -2.78 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SLGN to grow at a rate of 29.47 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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. Today's price is 32.95 percent above the 52-week low, and 3.54 percent below the high. 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.