NYSE:SLGNPackaging
Silgan Holdings (SLGN): Slower 2.6% Revenue Growth Reinforces Value-Focused Bullish Narratives
Silgan Holdings (SLGN) reported revenue growth is expected at 2.6% per year, below the US market’s 10.3% pace, with current net profit margins at 4.9%, slightly trailing last year’s 5.1%. Earnings are forecast to increase 10.01% annually, turning the tide on a five-year average decline of 2.6%, but still lagging broader market growth. Last year’s 6.6% earnings gain stands out compared to historical trends. Investors are watching closely as shares now trade at a 13x Price-to-Earnings Ratio,...