Silgan (NYSE:SLGN – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.000-4.200 for the period, compared to the consensus EPS estimate of 4.130. The company issued revenue guidance of -. Silgan also updated its Q1 2025 guidance to 0.740-0.840 EPS.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of Silgan from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Royal Bank of Canada boosted their price target on Silgan from $58.00 to $63.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Bank of America increased their target price 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. Wells Fargo & Company lifted their price target on shares of Silgan from $58.00 to $63.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Truist Financial increased their price objective on shares of Silgan from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.38.
Silgan Stock Up 5.1 %
Silgan (NYSE:SLGN – Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The industrial products company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. Silgan had a return on equity of 18.76% and a net margin of 5.11%. As a group, equities research analysts anticipate that Silgan will post 3.6 EPS for the current fiscal year.
Silgan Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.19 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.76 dividend on an annualized basis and a yield of 1.36%. Silgan’s payout ratio is currently 27.54%.
About Silgan
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.
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