Silgan Holdings (SLGN) Stock

Silgan Holdings has not performed well, achieving only a 5% return over the past 25 months, while the S&P 500 has gained 50%, which raises worries about its future. Although the company has strong free cash flow, higher selling, general, and administrative expenses, along with rationalization charges, resulted in a 10% year-over-year decline in EBIT, affecting net profit. Silgan's net debt stands at $3.5 billion but is projected to drop to between $2.7 billion and $2.9 billion by the end of the year due to positive cash flow and changes in working capital.

SLGN benefits from its effective capital allocation strategy and initiatives to enhance efficiency. The recent acquisition and solid performance in different segments will contribute to its growth.

STAMFORD, Conn.--(BUSINESS WIRE)--Silgan has announced its quarterly dividend.

Silgan Holdings Inc. (NYSE:SLGN) will hold its Q3 2024 Results Conference Call on October 30, 2024, at 11:00 AM ET. The call will feature company representatives, including Alex Hutter, Adam Greenlee, Bob Lewis, and Kim Ulmer, as well as participants from various financial institutions. The operator welcomes everyone and notes that the conference is being recorded.

STAMFORD, Conn.--(BUSINESS WIRE)--SILGAN HAS RELEASED ITS RESULTS FOR THE THIRD QUARTER OF 2024.

STAMFORD, Conn.--(BUSINESS WIRE)--Silgan will announce its earnings results for the third quarter of 2024 on October 30, 2024.

The Zacks Style Scores help investors quickly identify highly-rated stocks that match their investment preferences. Here are some reasons to make the most of this tool.

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

Silgan's (SLGN) revenue in the second quarter shows the effects of passing on lower raw material costs through contracts, although this was somewhat balanced by an increase in sales volume.