Silgan Holdings Stock Price on May 3, 2024
| SLGN Stock | USD 47.37 0.26 0.55% |
Below is the normalized historical share price chart for Silgan Holdings extending back to February 14, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Silgan Holdings stands at 47.37, as last reported on the 17th of May 2024, with the highest price reaching 47.37 and the lowest price hitting 47.37 during the day.
If you're considering investing in Silgan Stock, it is important to understand the factors that can impact its price. We consider Silgan Holdings very steady. Silgan Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Silgan Holdings, which you can use to evaluate the volatility of the company. Please validate Silgan Holdings' Semi Deviation of 1.16, risk adjusted performance of 0.0612, and Coefficient Of Variation of 1062.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Silgan Holdings' Total Stockholder Equity is very stable compared to the past year. As of the 17th of May 2024, Common Stock Shares Outstanding is likely to grow to about 115 M, though Other Stockholder Equity is likely to grow to (1 B). . As of the 17th of May 2024, Price To Sales Ratio is likely to drop to 0.49. In addition to that, Price Earnings Ratio is likely to drop to 9.23. Silgan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of February 1997 | 200 Day MA 44.1055 | 50 Day MA 46.5254 | Beta 0.689 |
Silgan |
Sharpe Ratio = 0.1028
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Silgan Holdings is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Silgan Holdings by adding it to a well-diversified portfolio.
Price Book 2.6758 | Enterprise Value Ebitda 9.1297 | Price Sales 0.8443 | Shares Float 81 M | Dividend Share 0.73 |
Related Headline
Avery Dennison Headline on 3rd of May 2024
Disposition of 971 shares by Wagner William Raymond of Avery... by Wagner William Raymond
Filed transaction by Avery Dennison Corp Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Silgan Holdings Valuation on May 3, 2024
It is possible to determine the worth of Silgan Holdings on a given historical date. On May 3, 2024 Silgan was worth 46.03 at the beginning of the trading date compared to the closed value of 46.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silgan Holdings stock. Still, in general, we apply an absolute valuation method to find Silgan Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Silgan Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silgan Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 45.28 | 46.01 | 45.00 | 45.39 | 1,373,371 | |
05/03/2024 | 46.03 | 46.30 | 45.87 | 46.28 | 704,405 |
| 46.76 | 46.96 | 46.50 | 46.64 | 471,436 |
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Silgan Holdings Trading Date Momentum on May 3, 2024
| On May 06 2024 Silgan Holdings was traded for 46.64 at the closing time. The top price for the day was 46.96 and the lowest listed price was 46.50 . The trading volume for the day was 471.4 K. The trading history from May 6, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 0.78% . The trading price change against the current closing price is 3.61% . |
Silgan Holdings Fundamentals Correlations and Trends
By evaluating Silgan Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Silgan Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Silgan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Silgan Holdings Stock history
Silgan Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Silgan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silgan Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Silgan Holdings stock prices may prove useful in developing a viable investing in Silgan Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 109.2 M | 115 M | |
| Net Income Applicable To Common Shares | 392 M | 411.6 M |
Silgan Holdings Quarterly Net Working Capital |
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Silgan Holdings Stock Technical Analysis
Silgan Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Silgan Holdings Period Price Range
Low | May 3, 2024
| High |
46.03 | 46.28 |
Silgan Holdings May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Silgan Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silgan Holdings shares will generate the highest return on investment. By undertsting and applying Silgan Holdings stock market strength indicators, traders can identify Silgan Holdings entry and exit signals to maximize returns
| Accumulation Distribution | 6541.99 | |||
| Daily Balance Of Power | 0.5814 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 46.08 | |||
| Day Typical Price | 46.15 | |||
| Price Action Indicator | 0.32 | |||
| Period Momentum Indicator | 1.09 |
Silgan Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silgan Holdings' price direction in advance. Along with the technical and fundamental analysis of Silgan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silgan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0612 | |||
| Jensen Alpha | 0.0268 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.006 | |||
| Treynor Ratio | 0.132 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.Note that the Silgan Holdings information on this page should be used as a complementary analysis to other Silgan Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Silgan Stock analysis
When running Silgan Holdings' price analysis, check to measure Silgan Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silgan Holdings is operating at the current time. Most of Silgan Holdings' value examination focuses on studying past and present price action to predict the probability of Silgan Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silgan Holdings' price. Additionally, you may evaluate how the addition of Silgan Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Silgan Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silgan Holdings. If investors know Silgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silgan Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 0.73 | Earnings Share 2.85 | Revenue Per Share 54.545 | Quarterly Revenue Growth (0.07) |
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.