01:30 PM EDT, 05/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target by $4 to $62 on an EV/EBITDA of 9.4x our 2025 EBITDA estimate, a premium to SLGN's three-year average forward EV/EBITDA of 9.0x as we expect strong volume growth to continue. We decrease our 2025 EPS view by $0.02 to $4.19 and raise our 2026 EPS forecast by $0.01 to $4.53. SLGN posted Q1 adj. EPS of $0.82 vs. $0.69, 4.0% above consensus as sales were roughly in line with expectations while increasing 11.4% Y/Y. The Dispensing and Specialty Closures segment achieved its fourth consecutive quarter of double-digit volume growth in dispensing products, while Metal Containers saw a 4% volume increase driven by pet food and soup markets, and Custom Containers delivered record adjusted EBIT on improved operating leverage. The strategic integration of Weener Packaging is proceeding successfully, contributing $126.1 million in net sales and $16.8 million in adjusted EBIT to the Dispensing and Specialty Closures segment's strong performance.