Silgan (NYSE:SLGN – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.730-3.930 for the period, compared to the consensus EPS estimate of 3.750. The company issued revenue guidance of -. Silgan also updated its Q2 2026 guidance to 0.920-1.020 EPS.
Silgan Stock Up 2.7%
SLGN stock opened at $40.61 on Friday. The stock has a market capitalization of $4.29 billion, a P/E ratio of 15.27, a PEG ratio of 2.37 and a beta of 0.75. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.78 and a current ratio of 0.49. Silgan has a one year low of $36.15 and a one year high of $57.04. The company has a 50 day moving average price of $41.86 and a two-hundred day moving average price of $41.88.
Silgan (NYSE:SLGN – Get Free Report) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. Silgan’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. As a group, sell-side analysts expect that Silgan will post 3.78 EPS for the current year.
Silgan Increases Dividend
Analyst Ratings Changes
A number of equities research analysts recently issued reports on SLGN shares. Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Truist Financial decreased their price target on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday. Wells Fargo & Company reiterated an “overweight” rating and issued a $56.00 price target (up from $55.00) on shares of Silgan in a report on Thursday. Citigroup decreased their price target on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Royal Bank Of Canada lifted their price target on shares of Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a report on Thursday. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Silgan currently has a consensus rating of “Moderate Buy” and an average target price of $51.78.
Check Out Our Latest Research Report on SLGN
Hedge Funds Weigh In On Silgan
Several hedge funds and other institutional investors have recently modified their holdings of SLGN. Measured Wealth Private Client Group LLC acquired a new position in shares of Silgan in the 3rd quarter valued at about $33,000. EverSource Wealth Advisors LLC lifted its stake in shares of Silgan by 627.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 577 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Silgan during the 1st quarter valued at $54,000. UMB Bank n.a. lifted its holdings in shares of Silgan by 2,609.1% during the 4th quarter. UMB Bank n.a. now owns 2,086 shares of the industrial products company’s stock valued at $84,000 after acquiring an additional 2,009 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new position in shares of Silgan during the 3rd quarter valued at $137,000. 70.25% of the stock is owned by institutional investors and hedge funds.
About Silgan
Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.
Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.
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