Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [11] - The company is the largest metal-container supplier for food products in North America, with a diverse product line including steel and aluminum containers, custom-designed plastic containers, and various closures for food and beverage products [11] Investment Ratings - Silgan Holdings currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A, indicating strong potential for growth [12] - The company is forecasted to achieve year-over-year earnings growth of 13.5% for the current fiscal year, supported by positive revisions in earnings estimates from analysts [12] Earnings Performance - Three analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $4.11 per share [12] - Silgan Holdings has an average earnings surprise of 1.5%, suggesting a consistent performance above expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Silgan Holdings is positioned as a strong candidate for growth investors [13]

Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [11] - The company is the largest metal-container supplier for food products in North America, with a diverse product line including steel and aluminum containers, custom-designed plastic containers, and various closures for food and beverage products [11] Investment Insights - Silgan Holdings currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A, indicating a solid investment potential [12] - The company has a Momentum Style Score of B, with shares increasing by 7% over the past four weeks, suggesting positive market sentiment [12] - For fiscal 2025, three analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.01 to $4.11 per share, and an average earnings surprise of 1.5% [12][13] Conclusion - With a strong Zacks Rank and favorable Momentum and VGM Style Scores, Silgan Holdings is positioned as a noteworthy option for investors [13]

Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [12] - The company is the largest metal-container supplier for food products in North America, with a diverse product line including steel and aluminum containers, custom-designed plastic containers, and various closures for food and beverage products [12] Investment Analysis - Silgan Holdings has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [13] - The company is particularly appealing to growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 13.5% for the current fiscal year [13] - Recent analyst activity shows three analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $4.11 per share [13] - Silgan Holdings has an average earnings surprise of 1.5%, suggesting potential for positive performance [13] Conclusion - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, Silgan Holdings is recommended for investors' consideration [14]

Core Viewpoint - Silgan Holdings Inc. reported record adjusted earnings of 85 cents per share for Q4 2024, exceeding expectations and reflecting a 35% year-over-year increase [1][8]. Financial Performance - Adjusted earnings per share for 2024 were $3.62, up from $3.40 in the previous year, beating the Zacks Consensus Estimate of $3.60 [8]. - Total revenues for Q4 2024 increased to $1.41 billion from $1.34 billion in the prior year, surpassing the Zacks Consensus Estimate of $1.39 billion [2][8]. - Including one-time items, earnings were reported at 42 cents per share, down from 60 cents in the prior-year quarter [2]. Costs and Margins - Cost of goods sold rose 9.4% year over year to $1.17 billion, while gross profit increased by the same percentage to $239 million, resulting in a gross margin of 16.9%, up from 16.3% in the prior year [3]. - Selling, general and administrative expenses increased by 28.1% year over year to $124 million, leading to an operating income of $94 million, down from $126 million in the prior-year quarter [4]. Segment Performance - The Dispensing and Specialty Closures segment saw revenues rise 22.4% year over year to $639 million, driven by the Weener Packaging acquisition, with operating income increasing to $77 million [5]. - The Metal Containers segment experienced an 8.3% decline in revenues to $610 million due to lower volumes, with operating income dropping to $42 million from $56 million [6]. - Custom Containers segment revenues increased to $162 million from $152.5 million, but reported an operating loss of $0.1 million compared to a profit of $6.8 million in the previous year [6]. Cash Flow and Financial Position - At the end of 2024, the company had cash and cash equivalents of $823 million, up from $643 million at the end of 2023, and generated approximately $722 million in cash from operating activities compared to $483 million in 2023 [7]. Future Outlook - For 2025, Silgan expects adjusted earnings per share to be between $4.00 and $4.20, with an anticipated EPS of 74-84 cents for Q1 2025 [9]. Stock Performance - Silgan's shares have increased by 25% over the past year, significantly outperforming the industry growth of 2.2% [10].

Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [13] - The company is the largest metal-container supplier for food products in North America, with a diverse product line that includes steel and aluminum containers for human and pet food, custom-designed plastic containers, and various closures for food and beverage products [13] Investment Ratings - Silgan Holdings currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a solid overall rating [14] - The company also has a Value Style Score of A, supported by attractive valuation metrics such as a forward P/E ratio of 13.37, which may appeal to value investors [14] Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $4.11 per share [14] - Silgan Holdings has demonstrated an average earnings surprise of 1.5%, indicating a positive trend in earnings performance [14] Investment Consideration - With a strong Zacks Rank and top-tier Value and VGM Style Scores, Silgan Holdings is recommended for investors looking for potential opportunities in the packaging sector [15]

Financial Performance - Full year 2024 net sales were $5.9 billion, a decrease of $133.5 million, or 2%, compared to 2023[19] - Full year 2024 net income was $276.4 million, or $2.58 per diluted share, down from $326.0 million, or $2.98 per diluted share in 2023[2] - Adjusted net income per diluted share for 2024 was $3.62, a 6% increase from $3.40 in 2023[3] - Silgan Holdings reported annual net sales of approximately $5.9 billion in 2024, a decrease from $5.988 billion in 2023, representing a decline of about 2.2%[34] - The company’s net income for 2024 was $276.4 million, down from $326 million in 2023, marking a decrease of approximately 15.2%[42] - Diluted earnings per share (EPS) for 2024 was $2.58, compared to $2.98 in 2023, reflecting a decline of about 13.4%[38] Quarterly Performance - Fourth quarter 2024 net sales were $1.4 billion, an increase of $71.1 million, or 5%, year-over-year[9] - For the fourth quarter of 2024, net sales were $1.411 billion, up from $1.340 billion in the same quarter of 2023, reflecting an increase of approximately 5.3%[38] - U.S. GAAP net income for Q4 2024 was $45.1 million, with diluted EPS of $0.42, compared to $64.4 million and $0.60 in Q4 2023, representing a decrease of 30% in net income and 30% in EPS[46] - Non-U.S. GAAP adjusted net income for Q4 2024 was $90.8 million, with adjusted diluted EPS of $0.85, compared to $67.6 million and $0.63 in Q4 2023, indicating an increase of 34% in adjusted net income and 35% in adjusted EPS[46] - Total adjusted EBIT for Q4 2024 was $151.7 million, up from $135.9 million in Q4 2023, reflecting an increase of 11%[48] - Adjusted EBIT for the Dispensing and Specialty Closures segment in Q4 2024 was $99.9 million, compared to $87.0 million in Q4 2023, an increase of 15%[48] Cash Flow and Assets - Free cash flow for 2024 was $391.3 million, a 10% increase compared to $356.7 million in 2023[23] - The company reported a net cash provided by operating activities of $721.9 million for 2024, compared to $482.6 million in 2023, showing an increase of about 49.6%[41] - Cash and cash equivalents increased to $822.9 million as of December 31, 2024, from $642.9 million in 2023, representing a growth of approximately 28%[40] - Silgan's total assets grew to $8.585 billion in 2024, up from $7.611 billion in 2023, an increase of approximately 12.8%[40] - Free cash flow for the year ended 2024 was $391.3 million, compared to $356.7 million in 2023, marking an increase of 10%[52] - Net cash provided by operating activities for 2024 was $721.9 million, significantly higher than $482.6 million in 2023, representing a growth of 50%[52] Future Expectations - The Company anticipates adjusted net income per diluted share for 2025 to be in the range of $4.00 to $4.20, a 13% increase at the midpoint over 2024[30] - The company expects free cash flow in 2025 to be approximately $450 million, a 15% increase from 2024[31] - The company expects U.S. GAAP net income for 2025 to be between $66.4 million and $77.1 million, with estimated diluted EPS ranging from $0.62 to $0.72[50] Costs and Charges - The company incurred rationalization charges of $59.5 million in 2024, compared to $8.4 million in 2023, indicating a significant increase in restructuring costs[41] - The adjusted tax rate for 2024 was 21.2%, down from 23.8% in 2023, indicating improved tax efficiency[46] - The company reported a pre-tax impact of adjustments totaling $57.9 million for Q4 2024, compared to $9.8 million in Q4 2023, highlighting significant operational adjustments[46] Capital Expenditures - Silgan's capital expenditures for 2024 were $262.8 million, up from $226.8 million in 2023, indicating a rise of approximately 15.9%[41] - The weighted average number of diluted shares outstanding for 2024 was 107.1 million, compared to 109.2 million in 2023, reflecting a decrease of 2%[52] Non-GAAP Measures - The Company presented adjusted net income per diluted share as a Non-GAAP financial measure, excluding acquired intangible asset amortization expense and other pension income, which management believes provides a more accurate evaluation of operating results[53] - Adjusted EBIT was also presented as a Non-GAAP financial measure, excluding similar costs as adjusted net income, and including equity in earnings of affiliates, which management views as part of the Company's operating performance[54] - Free cash flow is defined as net cash provided by operating activities adjusted for changes in outstanding checks, reduced by capital expenditures, and increased by proceeds from asset sales, highlighting its importance for internal growth and acquisitions[56]

Silgan Holdings (SLGN) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this packaging products supplier would post earnings of $1.23 per share when it actually produced earnings of $1.21, delivering a surprise of -1.63%.Over the last four qua ...

The market expects Silgan Holdings (SLGN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...

Silgan Holdings Inc. (SLGN) shares scaled a new 52-week high of $157.61 on Monday before closing the session lower at $57.12.SLGN has a market capitalization of $6 billion. The company’s shares have gained 39.9%, outperforming the industry’s growth of 18.7% and the S&P 500 index’s rise of 32.9%. Image Source: Zacks Investment Research What’s Aiding Silgan Holdings’ Stock Performance?Strong Segmental Performances: The Metal Containers segment is gaining from volume increases. The company expects the segment’ ...

Silgan Holdings (SLGN) came out with quarterly earnings of $1.21 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.63%. A quarter ago, it was expected that this packaging products supplier would post earnings of $0.87 per share when it actually produced earnings of $0.88, delivering a surprise of 1.15%. Over the last four q ...