SLGN Stock Summary and Trading Ideas (Silgan Hldgs | NYSE:SLGN)

Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.

Silgan Hldgs trades on the NYSE stock market under the symbol SLGN.

As of January 31, 2025, SLGN stock price climbed to $56.33 with 165,249 million shares trading.

SLGN has a beta of 0.30, meaning it tends to be less sensitive to market movements. SLGN has a correlation of 0.03 to the broad based SPY ETF.

SLGN has a market cap of $6.01 billion. This is considered a Mid Cap stock.

Last quarter Silgan Hldgs reported $1 billion in Revenue and $.85 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.03.

In the last 3 years, SLGN traded as high as $58.14 and as low as $38.11.

The top ETF exchange traded funds that SLGN belongs to (by Net Assets): IJH, COWZ, VTI, VB, VBR.

SLGN has outperformed the market in the last year with a price return of +30.8% while the SPY ETF gained +25.5%. SLGN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.8% and +6.6%, respectively, while the SPY returned +5.3% and +2.9%, respectively.

SLGN support price is $55.46 and resistance is $56.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLGN shares will trade within this expected range on the day.