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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 $44.28, up 1.96% from the previous day, and has decreased 7.58% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.13 percentage points. Silgan Holdings stock is currently +16.19% from its 52-week low of $38.11, and -10.94% from its 52-week high of $49.72.

At the moment, there are 106.78M shares of SLGN outstanding. The market cap of SLGN is $4.73B. In the past 24 hours, 553,769 SLGN shares were traded.

How to Buy Silgan Holdings Stock

Not sure how to invest in Silgan Holdings stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$44.28
1w %
7.16%
1y %
-7.58%
5y %
44.75%
P/E
15.43x
P/B
2.49x
P/S
0.8x
PEG
0.91x
Revenue
$5.89B
Earnings
$309.10M
Fore. Rev. Growth
3.29%
Fore. Earn. Growth
18.81%
Market Cap
$4.73B
Next Earnings
Jul 24, 2024
Next Dividend
N/A

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 15.43x, relative to Packaging & Containers industry P/E ratio of 24.44x
  • SLGN could be undervalued based on its P/B ratio of 2.49x, relative to Packaging & Containers industry P/B ratio of 2.59x
  • SLGN could be undervalued based on its PEG ratio of 0.91x

You can access additional valuation analysis on SLGN's stock here.

SLGN Financial Overview

Pros:

  • SLGN profit margin has gone up from 5.1% to 5.3% 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 $566.56M allows it to safely service it's debt of $3.88B.
  • 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 2.99.
  • SLGN earnings of $575.93M is not enough to cover its interest payments.

Do Wall Street analysts think it's a good time to buy SLGN stock

Out of 5 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.

You can dig deeper into what analysts are saying on the Silgan Holdings stock forecast page.

Metrics for Advanced SLGN Traders

SMA10
42.45
SMA20
43.2
SMA50
45.19
SMA100
45.58
SMA200
44.21
MACD
-0.68
MACD Signal
-0.91
MACD Histogram
0.23
RSI
54.31
Stochastic %K
64.43
Stochastic %D
49.97
StochRSI %K
100
StochRSI %D
97.45

SLGN Growth Numbers

Last year, SLGN earnings were $309.10M. During the last five year, SLGN's earnings have gone up by 7.07% per year. This was slower than the Packaging & Containers industry average of 10.8%.

Last year, SLGN revenue was $5.89B. During the last five year, SLGN's revenue has increased by 5.69% per year. This was faster than the Packaging & Containers industry average of 5.06%.

Dig into SLGN's earnings and revenue performance here.

Latest Insiders Trades at SLGN

In the last 12 months, insiders at SLGN have sold more shares than they have bought.

Anthony J. Allott, Director of SLGN, was the latest SLGN insider to sell. They sold $59,406.62 worth of SLGN stock on May 28, 2024.

Research more about who owns SLGN shares here.

Can I rely on SLGN as an income stream?

Silgan Holdings pays a dividend of 1.24%, compared to the Packaging & Containers industry's average dividend yield of 2.1%. If you owned $1,000 of SLGN stock, you would have received $12.42 in the past 12 months.

Silgan Holdings dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Silgan Holdings dividend yield and history here.

What others are saying about SLGN

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Step 5: Make your SLGN buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Press the Open button and your broker will place the order.

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Step 6: Get key alerts regarding your SLGN investment

Now that you own some SLGN stock, you'll want to keep up with your new investment.

Create a watchlist to get notified of the latest news about your SLGN stock.

SLGN Feed

How to Buy Stock in Silgan Holdings

To reiterate, here are the 6 steps for buying Silgan Holdings stock:

  1. Choose where to buy Silgan Holdings stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Silgan Holdings stock
  5. Make your SLGN buy order
  6. Get key alerts regarding your SLGN investment

If you are looking for a brokerage, eToro is our recommended venue.

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If you would like to get updates on your new investment in Silgan Holdings, click below.

NYSE: SLGN
$44.28+0.85 (+1.96%)
Updated Jul 12, 2024
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NYSE: SLGN
$44.28+0.85 (+1.96%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Silgan Holdings share?

As of Jul 12, 2024, it costs $44.28 to buy one share of Silgan Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.226 shares of SLGN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Silgan Holdings stock?

According to 5 Wall Street analysts who monitor Silgan Holdings, their consensus recommendation is to buy Silgan Holdings stock.

What is the best way to buy Silgan Holdings stock?

One way to place an order for Silgan Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.