How to Buy Silgan Holdings Stock
Silgan Holdings Inc
Silgan Holdings Inc. , together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally.
Silgan Holdings stock last closed at $46.79, down 0.55% from the previous day, and has decreased 10.86% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.18 percentage points. Silgan Holdings stock is currently +22.78% from its 52-week low of $38.11, and -14.8% from its 52-week high of $54.92.
At the moment, there are 106.5M shares of SLGN outstanding. The market cap of SLGN is $4.98B. In the past 24 hours, 415,557 SLGN shares were traded.
How to Buy Silgan Holdings Stock
Not sure how to invest in Silgan Holdings stock? Here's how.
- Choose where to buy Silgan Holdings stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Silgan Holdings stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Research Silgan Holdings stock: The Silgan Holdings ticker symbol is SLGN. Is Silgan Holdings stock a good investment? Should you buy shares of SLGN? How do SLGN's underlying business fundamentals look? Do top analysts think Silgan Holdings is a good buy? Why has SLGN's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SLGN is a good stock to buy).
- Make your SLGN buy order: Decide if you will purchase SLGN shares at the current market price or use a limit order to buy SLGN shares at a particular price.
- Get key alerts regarding your SLGN investment: Create a watchlist to keep track of your position in Silgan Holdings stock.
Step 1: Choose where to buy Silgan Holdings stock
You need an online brokerage account in order to access the NYSE market and buy SLGN stock.
Our favorite brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to buy SLGN stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Research Silgan Holdings stock
After you have selected the best place to buy Silgan Holdings stock, it's very important to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Overview of key SLGN info
SLGN Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on SLGN's stock page.
Is SLGN stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SLGN's fair value.
Using relative valuations measures:
- SLGN may be undervalued based on its P/E ratio of 15.6x, relative to Packaging & Containers industry P/E ratio of 18.69x
- SLGN could be undervalued based on its P/B ratio of 2.64x, relative to Packaging & Containers industry P/B ratio of 2.73x
- SLGN could be undervalued based on its PEG ratio of 0.56x
You can access additional valuation analysis on SLGN's stock here.
SLGN Financial Overview
Pros:
- SLGN profit margin has gone up from 5.3% to 5.4% in the past year.
- Total SLGN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the SLGN balance sheet.
Cons:
- SLGN's operating cash flow of $482.60M allows it to safely service it's debt of $3.43B.
- There are more long-term liabilities than short-term assets on the SLGN balance sheet.
- SLGN has a relatively high debt to equity ratio of 3.03.
- SLGN earnings of $595.44M is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy SLGN stock
Out of 6 sell side analysts who give ratings on SLGN, the consensus analyst rating on SLGN is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest SLGN Analyst Upgrades/Downgrades
Michael Roxland, a top 18% analyst from Truist Securities maintains SLGN with a strong buy rating and raises their SLGN price target from $52.00 to $56.00, on Jan 4, 2024.
You can dig deeper into what analysts are forecasting on the Silgan Holdings stock forecast page.
SLGN Trading Indicators
SLGN Growth Numbers
Last year, SLGN earnings were $325.97M. Over the past five year, SLGN's earnings have increased by 8.12% per year. This was faster than the Packaging & Containers industry average of 4.29%.
Last year, SLGN revenue was $5.99B. During the last 5 year, SLGN's revenue has grown by 6.12% per year. This was faster than the Packaging & Containers industry average of 3.81%.
You can research SLGN's earnings and revenue performance here.
Who is buying/selling SLGN?
In the past 12 months, executives and large shareholders at SLGN have sold more shares than they have bought.
B. Frederik Prinzen, Sr. V.P. - Corp. Dev. of SLGN, was the latest SLGN insider to sell. They sold $205,590.13 worth of SLGN stock on Mar 4, 2024.
Get more info about who owns SLGN shares here.
Can I get consistent income from SLGN stock?
Silgan Holdings pays a dividend of 1.56%, compared to the Packaging & Containers industry's average dividend yield of 2.2%. If you owned $1,000 worth of SLGN stock, you would have received $15.60 in the past year.
Silgan Holdings dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Silgan Holdings dividend yield and history here.
SLGN Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SLGN buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Click the Open button and eToro will place the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your SLGN investment
Now that you own some shares in SLGN, you'll want to stay up-to-date on your new investment.
Make a watchlist to track your SLGN stock.
SLGN Feed
How to Buy Stock in Silgan Holdings
To summarize, here are the 6 steps for buying Silgan Holdings stock:
- Choose where to buy Silgan Holdings stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Silgan Holdings stock
- Make your SLGN buy order
- Get key alerts regarding your SLGN investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Silgan Holdings, click below.
Other Content You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.