Silgan (NYSE:SLGN) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Silgan (NYSE:SLGN) issued its quarterly earnings results on Wednesday. The industrial products company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.82 by $0.03, Zacks reports. Silgan had a net margin of 5.11% and a return on equity of 18.76%. Silgan updated its FY 2025 guidance to 4.000-4.200 EPS and its Q1 2025 guidance to 0.740-0.840 EPS.

Silgan Stock Performance

Silgan stock opened at $53.04 on Wednesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 0.75. The firm’s fifty day moving average price is $53.64 and its 200 day moving average price is $51.75. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.26 and a beta of 0.71. Silgan has a 12-month low of $41.14 and a 12-month high of $58.14.

Silgan Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Monday, December 2nd. Silgan’s payout ratio is 27.54%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. StockNews.com cut Silgan from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Royal Bank of Canada boosted their target price on Silgan from $58.00 to $63.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Truist Financial raised their price target on shares of Silgan from $63.00 to $69.00 and gave the company a “buy” rating in a report on Monday, January 6th. Finally, Bank of America increased their price objective on shares of Silgan from $60.00 to $61.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.75.

Silgan Company Profile

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.