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 a possible profit 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -2.78 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.22 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SLGN to grow at a rate of 29.47 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 32.95 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.