Stock Price & Analysis

Analysis and Insights

Technical Analysis:

SLGN's stock price has recently crossed below its 200-day moving average, which could indicate a bearish trend. However, the stock is trading near its Fibonacci support levels, which might provide a floor for the price.

Fundamental Analysis:

Silgan is considering the sale of its custom containers business, which could be valued at over $1 billion. This potential sale could positively impact the stock if it leads to a significant cash influx or strategic restructuring. Additionally, several analysts have raised their price targets for SLGN, indicating optimism about the company's future performance.

Analyst Sentiment:

Analysts have raised their price targets for SLGN, with Raymond James increasing their target to $65 from $62, and RBC Capital raising theirs to $65 from $63. This suggests that analysts are optimistic about the company's future performance.

Conclusion:

Given the potential sale of the custom containers business and positive analyst sentiment, SLGN stock has the potential for growth. While the stock has recently crossed below its 200-day moving average, the overall outlook seems favorable, especially with the company's inclusion in BofA's recommended stocks. Therefore, it might be a good time to buy SLGN stock.

The price prediction for SLGN stock in 2025 is expected to reach $53 per share, driven by positive earnings guidance and technical support levels.

The S1 support level for SLGN Stock is $49.65 ,The R1 resistant level for SLGN Stock is $51.61.

As of the end of day on 2025-04-02, the price of SLGN Stock was $51.61.

The target price for SLGN Stock according to analyst rating is 64.13, with the highest price target at 75.00 and the lowest at 57.00. Analysts have a Strong Buy rating on SLGN Stock overall.

The market cap of SLGN is $5.5B.

Analysis and Insights

SLGN may be undervalued based on several factors:

1. Technical Indicators: SLGN's RSI (14) is at 41.21, indicating the stock is undervalued and potentially oversold. The MACD is negative (-0.99), but the Stochastic Oscillator (29.65) suggests a possible reversal.

2. Fibonacci Levels: The stock is trading near the Fibonacci pivot level (49.95), with strong support at 48.61 and resistance at 51.29.

3. News Sentiment: Silgan is considering a $1B+ sale of its custom containers business, which could unlock value for shareholders.

4. Valuation: SLGN's PE ratio (20.17) and EV/EBITDA (10.43) are reasonable compared to industry peers.

5. Analyst Sentiment: SLGN was recently included in BofA's list of 36 stocks to weather market downturns, highlighting its defensive qualities.

Silgan Holdings Inc. is a manufacturer of sustainable rigid packaging solutions for essential consumer goods products. The Company operates 112 manufacturing plants in North America, Europe, Asia and South America. The Company operates through three segments: dispensing and specialty closures, metal containers, and custom containers. Dispensing and specialty closures segment manufacturers dispensing and specialty closures for food, beverage, health care, garden, home, personal care, fragrance and beauty products. The segment provides customers with a variety of dispensing system solutions, including integrated dispensing packaging solutions, and metal and plastic specialty closures, as well as capping/sealing equipment and detection systems. Metal containers segment manufactures metal containers in North America and Europe. It produces custom containers from a full range of resin materials and offers a comprehensive array of molding and decorating capabilities.

Price Prediction for SLGN Stock by 2030

Based on current trends and historical performance, SLGN stock is projected to reach $70 to $85 by 2030. This forecast is supported by the company's strong financial performance, consistent dividend growth, and its position as a leading supplier of sustainable packaging solutions. The stock's ability to maintain steady growth, coupled with its essential role in consumer goods packaging, underpins this bullish outlook.

SLGN has a total of 14400 employees.