Silgan (SLGN) to Release Quarterly Earnings on Tuesday
Silgan (NASDAQ:SLGN) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, January 30th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
Silgan (NASDAQ:SLGN) last released its earnings results on Wednesday, October 25th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.03). Silgan had a return on equity of 32.87% and a net margin of 3.77%. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $0.61 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, analysts expect Silgan to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Silgan (NASDAQ:SLGN) opened at $28.33 on Tuesday. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.73 and a current ratio of 1.26. Silgan has a 1 year low of $27.21 and a 1 year high of $32.50. The stock has a market capitalization of $3,158.87, a PE ratio of 21.54, a P/E/G ratio of 1.52 and a beta of 0.51.
In other news, Director William C. Jennings sold 25,642 shares of Silgan stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $28.38, for a total value of $727,719.96. Following the completion of the transaction, the director now owns 42,180 shares in the company, valued at approximately $1,197,068.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 33.10% of the stock is currently owned by insiders.
Silgan Company Profile
Silgan Holdings Inc is a holding company. The Company is a manufacturer of rigid packaging for consumer goods products. The Company operates in three business segments: metal containers, closures and plastic containers. Its metal container segment is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products.
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