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The closing price of Silgan Holdings Inc. (NYSE: SLGN) was $44.72 for the day, down -4.16% from the previous closing price of $46.66. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 1.36 million shares were traded. SLGN stock price reached its highest trading level at $48.25 during the session, while it also had its lowest trading level at $44.28.
Ratios:
Our analysis of SLGN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 03, 2024, Downgraded its rating to Neutral and sets its target price to $47 from $44 previously.
Robert W. Baird Upgraded its Neutral to Outperform on July 27, 2023, while the target price for the stock was maintained at $53.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Prinzen B Frederik sold 4,684 shares for $43.89 per share. The transaction valued at 205,591 led to the insider holds 8,613 shares of the business.
ALLOTT ANTHONY J sold 71,050 shares of SLGN for $2,983,787 on Nov 15 ’23. The Director now owns 574,439 shares after completing the transaction at $42.00 per share. On Nov 14 ’23, another insider, ALLOTT ANTHONY J, who serves as the Director of the company, sold 10,027 shares for $41.80 each. As a result, the insider received 419,135 and left with 645,489 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLGN now has a Market Capitalization of 4774978048 and an Enterprise Value of 7986904064. As of this moment, Silgan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.99, and their Forward P/E ratio for the next fiscal year is 11.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 1.334 whereas that against EBITDA is 9.211.
Stock Price History:
Over the past 52 weeks, SLGN has reached a high of $50.18, while it has fallen to a 52-week low of $38.11. The 50-Day Moving Average of the stock is -2.72%, while the 200-Day Moving Average is calculated to be 1.45%.
Shares Statistics:
SLGN traded an average of 617.47K shares per day over the past three months and 597730 shares per day over the past ten days. A total of 106.50M shares are outstanding, with a floating share count of 81.87M. Insiders hold about 23.13% of the company’s shares, while institutions hold 70.97% stake in the company. Shares short for SLGN as of 1713139200 were 2040175 with a Short Ratio of 3.30, compared to 1710460800 on 2046270. Therefore, it implies a Short% of Shares Outstanding of 2040175 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.72, SLGN has a forward annual dividend rate of 0.73. Against a Trailing Annual Dividend Yield of 0.015430776The stock’s 5-year Average Dividend Yield is 1.38.
