EPS for Silgan Holdings Inc. (SLGN) Expected At $0.71

July 18, 2017 - By Michael Collier

 EPS for Silgan Holdings Inc. (SLGN) Expected At $0.71
Investors sentiment decreased to 0.73 in 2016 Q4. Its down 0.57, from 1.3 in 2016Q3. It is negative, as 30 investors sold Silgan Holdings Inc. shares while 75 reduced holdings. 31 funds opened positions while 46 raised stakes. 36.35 million shares or 14.00% less from 42.27 million shares in 2016Q3 were reported.
State Board Of Administration Of Florida Retirement System holds 0.01% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN) for 54,409 shares. California State Teachers Retirement Sys reported 0.01% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN). Arizona State Retirement Systems invested 0.01% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN). Johnson Fincl Gru holds 725 shares or 0.01% of its portfolio. 14,150 are held by Oregon Pub Employees Retirement Fund. Parametric Port Assocs Limited Liability holds 0.01% or 125,424 shares. Manufacturers Life Insurance The reported 0% stake. Sei stated it has 0% in Silgan Holdings Inc. (NASDAQ:SLGN). Citigroup Incorporated holds 0% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN) for 7,280 shares. Three Peaks Cap Mngmt Lc reported 116,684 shares. Massmutual Tru Company Fsb Adv stated it has 0% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN). Amalgamated Bancorp has invested 0.02% in Silgan Holdings Inc. (NASDAQ:SLGN). California-based Schwab Charles Inv Mngmt has invested 0.01% in Silgan Holdings Inc. (NASDAQ:SLGN). Citadel Advsr Lc invested in 433,032 shares or 0.02% of the stock. Thrivent Fincl For Lutherans holds 0% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN) for 20,270 shares.

Since May 11, 2017, it had 0 insider purchases, and 3 sales for $610,140 activity. Prinzen B Frederik also sold $199,557 worth of Silgan Holdings Inc. (NASDAQ:SLGN) shares. Andreacchi Anthony P had sold 2,000 shares worth $63,220.

Analysts await Silgan Holdings Inc. (NASDAQ:SLGN) to report earnings on July, 26. They expect $0.71 EPS, up 18.33 % or $0.11 from last year’s $0.6 per share. SLGN’s profit will be $78.86M for 11.22 P/E if the $0.71 EPS becomes a reality. After $0.62 actual EPS reported by Silgan Holdings Inc. for the previous quarter, Wall Street now forecasts 14.52 % EPS growth. The stock increased 1.21% or $0.38 during the last trading session, reaching $31.87. About 377,013 shares traded. Silgan Holdings Inc. (NASDAQ:SLGN) has risen 26.81% since July 18, 2016 and is uptrending. It has outperformed by 10.11% the S&P500.

Silgan Holdings Inc. (NASDAQ:SLGN) Ratings Coverage

Among 10 analysts covering Silgan Holdings Inc. (NASDAQ:SLGN), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Silgan Holdings Inc. had 19 analyst reports since September 15, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wells Fargo on Tuesday, January 19. As per Tuesday, September 15, the company rating was downgraded by Bank of America. The firm has “Market Perform” rating by BMO Capital Markets given on Thursday, January 21. The firm earned “Neutral” rating on Tuesday, November 10 by Macquarie Research. BMO Capital Markets upgraded the shares of SLGN in report on Tuesday, January 24 to “Outperform” rating. The rating was downgraded by Bank of America on Friday, March 18 to “Underperform”. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, June 8. As per Friday, June 2, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained Silgan Holdings Inc. (NASDAQ:SLGN) rating on Friday, July 7. BMO Capital Markets has “Buy” rating and $3400 target. As per Thursday, May 12, the company rating was initiated by Goldman Sachs.

Silgan Holdings Inc. is a holding company. The company has market cap of $3.54 billion. The Firm is a maker of rigid packaging for consumer goods products. It has a 25.32 P/E ratio. The Firm operates in three business divisions: metal containers, closures and plastic containers.

More recent Silgan Holdings Inc. (NASDAQ:SLGN) news were published by: Seekingalpha.com which released: “Silgan Holdings’ (SLGN) CEO Anthony Allott on Q1 2017 Results – Earnings Call …” on April 27, 2017. Also Moodys.com published the news titled: “Moody’s downgrades Silgan’s CFR to Ba2, concludes review, rates new notes …” on February 07, 2017. Nasdaq.com‘s news article titled: “Silgan Holdings Inc. (SLGN) Ex-Dividend Date Scheduled for May 30, 2017” with publication date: May 26, 2017 was also an interesting one.

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