Silgan Holdings Inc (SLGN, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $1.82 billion, and the earnings are expected to come in at $1.15 per share. The full year 2024's revenue is expected to be $5.93 billion and the earnings are expected to be $3.12 per share. More detailed estimate data can be found on the Forecast page.
Silgan Holdings Inc (SLGN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Silgan Holdings Inc (SLGN) have seen a decrease from $6.01 billion to $5.93 billion for the full year 2024, while the estimates for 2025 have risen from $6.26 billion to $6.31 billion. Earnings estimates have also adjusted, with a decrease from $3.21 per share to $3.12 per share for the full year 2024, and an increase from $3.64 per share to $3.88 per share for 2025.
Silgan Holdings Inc (SLGN, Financial) Reported History
In the previous quarter of 2024-06-30, Silgan Holdings Inc's (SLGN) actual revenue was $1.38 billion, which missed analysts' revenue expectations of $1.43 billion by -3.4%. Silgan Holdings Inc's (SLGN) actual earnings were $0.71 per share, which missed analysts' earnings expectations of $0.79 per share by -10.13%. After releasing the results, Silgan Holdings Inc (SLGN) was up by 2.45% in one day.
Silgan Holdings Inc (SLGN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 9 analysts, the average target price for Silgan Holdings Inc (SLGN) is $60.56 with a high estimate of $70 and a low estimate of $55. The average target implies an upside of 18.37% from the current price of $51.16.
Based on GuruFocus estimates, the estimated GF Value for Silgan Holdings Inc (SLGN, Financial) in one year is $49.22, suggesting a downside of -3.79% from the current price of $51.16.
Based on the consensus recommendation from 11 brokerage firms, Silgan Holdings Inc's (SLGN, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
