For its second fiscal quarter (ending June 30), Silgan Holdings Inc (NYSE: SLGN) has reported E.P.S. of $0.71 compared to $0.72 a year ago. For the latest four quarters through June 30, E.P.S. were $2.85 compared to $2.85 a year ago.
Recent Price Action
Silgan Holdings Inc (NYSE: SLGN) stock closed at $51.43 on 7/31/24 after a very large increase of 5.5%. Moreover, trading volume in this advance was exceptionally high at 220% of normal. The stock has risen 12.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
SLGN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Silgan Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Silgan Holdings has a neutral Appreciation Score of 50 and a neutral Power Rating of 56, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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