Silgan Holdings Inc (NYSE: SLGN) has reported E.P.S. of $0.94 for its third fiscal quarter (ending September 30) versus $1.02 for the same period a year ago — a decline of -8%. For the latest four quarters through September 30, E.P.S. were $2.77 compared to $2.61 a year ago — an increase of 6%.
Recent Price Action
Silgan Holdings Inc (NYSE: SLGN) stock closed at $52.41 on 10/30/24 after a large increase of 3.2%. Moreover, this advance was accompanied by unusually high trading volume at 196% of normal. The stock has risen 2.6% during the last week and has been strong relative to 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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Silgan Holdings has a neutral Appreciation Score of 53 but a good Power Rating of 81, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment