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SLGN
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$42.01
Change
+$0.66 (+1.60%)
Capitalization
4.65B

SLGN Price Prediction, Silgan Holdings AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

SLGN in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 16, 2022

SLGN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 22 of 36 cases where SLGN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 61%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SLGN's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where SLGN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on SLGN as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SLGN just turned positive on June 28, 2022. Looking at past instances where SLGN's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SLGN advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

SLGN moved below its 50-day moving average on June 09, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SLGN crossed bearishly below the 50-day moving average on June 13, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SLGN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for SLGN entered a downward trend on June 06, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.841) is normal, around the industry mean (6.425). P/E Ratio (12.610) is within average values for comparable stocks, (16.170). SLGN's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.196). Dividend Yield (0.014) settles around the average of (0.032) among similar stocks. P/S Ratio (0.795) is also within normal values, averaging (6.322).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SLGN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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published price charts
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A.I. Advisor
published Earnings

SLGN is expected to report earnings to rise 24.31% to 96 cents per share on July 27

Silgan Holdings SLGN Stock Earnings Reports
Q2'22
Est.
$0.97
Q1'22
Beat
by $0.01
Q4'21
Beat
by $0.06
Q3'21
Missed
by $0.02
Q2'21
Beat
by $0.02
The last earnings report on April 27 showed earnings per share of 77 cents, beating the estimate of 76 cents. With 331.94K shares outstanding, the current market capitalization sits at 4.65B.
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A.I.Advisor
published Dividends

SLGN paid dividends on June 15, 2022

Silgan Holdings SLGN Stock Dividends
А dividend of $0.16 per share was paid with a record date of June 15, 2022, and an ex-dividend date of May 31, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are Tupperware Brands Corp (NYSE:TUP).

Industry description

The containers/packing sector includes companies that manufacture containers (like plastic and aluminum food containers, glass bottles, metal cans, cardboard, storage and waste bags, giftwraps etc.) and provide packing services. Food-and-beverage and household products are major markets for this business. Several companies in this industry cater to international markets in addition to serving domestic customers. Consumer spending habits could potentially affect this industry’s performance. Some products, that use oil-based materials as inputs, are likely to see their costs of production get impacted (to some extent) by energy price movements. The ever-expanding e-commerce market has only supercharged the amount/frequency of goods shipped domestically and across borders, thereby creating ample potential opportunities for containers and packaging businesses. Ball Corporation, International Paper Company, Amcor Plc and Packaging Corporation of America are some of the largest U.S. companies in this industry.

Market Cap

The average market capitalization across the Containers/Packaging Industry is 3.81B. The market cap for tickers in the group ranges from 6.74K to 66.8B. STO holds the highest valuation in this group at 66.8B. The lowest valued company is EPTI at 6.74K.

High and low price notable news

The average weekly price growth across all stocks in the Containers/Packaging Industry was -2%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -13%. ACTX experienced the highest price growth at 18%, while TYDE experienced the biggest fall at -79%.

Volume

The average weekly volume growth across all stocks in the Containers/Packaging Industry was -33%. For the same stocks of the Industry, the average monthly volume growth was 13% and the average quarterly volume growth was 157%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49
P/E Growth Rating: 51
Price Growth Rating: 66
SMR Rating: 32
Profit Risk Rating: 79
Seasonality Score: -12 (-100 ... +100)
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published General Information

General Information

a manufacturer of metal and plastic consumer goods packaging products

Industry ContainersPackaging

Profile
Fundamentals
Details
Industry
Containers Or Packaging
Address
4 Landmark Square
Phone
+1 203 975-7110
Employees
15600
Web
https://www.silganholdings.com

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SLGN and

Correlation & Price change

A.I.dvisor indicates that over the last year, SLGN has been closely correlated with CCK. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if SLGN jumps, then CCK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SLGN
1D Price
Change %
SLGN100%
+1.60%
CCK - SLGN
68%
Closely correlated
+0.90%
PKG - SLGN
56%
Loosely correlated
+0.91%
SEE - SLGN
53%
Loosely correlated
+2.39%
BERY - SLGN
53%
Loosely correlated
+1.45%
GPK - SLGN
52%
Loosely correlated
+4.29%
More