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NYSE:SEE

Sealed Air (SEE) Stock Price, News & Analysis

Sealed Air logo
$35.90 +0.37 (+1.04%)
(As of 11/22/2024 ET)

About Sealed Air Stock (NYSE:SEE)

Key Stats

Today's Range
$35.46
$36.23
50-Day Range
$33.94
$37.12
52-Week Range
$30.87
$41.14
Volume
1.14 million shs
Average Volume
1.52 million shs
Market Capitalization
$5.23 billion
P/E Ratio
13.20
Dividend Yield
2.23%
Price Target
$41.00
Consensus Rating
Moderate Buy

Company Overview

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides shrink films, bagging systems, foam, inflatable, and suspension and retention packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, Instapak, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. The company was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

Sealed Air Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

SEE MarketRank™: 

Sealed Air scored higher than 86% of companies evaluated by MarketBeat, and ranked 35th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sealed Air has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 5 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Sealed Air has only been the subject of 4 research reports in the past 90 days.

  • Read more about Sealed Air's stock forecast and price target.
  • Earnings Growth

    Earnings for Sealed Air are expected to grow by 0.65% in the coming year, from $3.07 to $3.09 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sealed Air is 13.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sealed Air is 13.20, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.12.

  • Price to Earnings Growth Ratio

    Sealed Air has a PEG Ratio of 4.81. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Sealed Air has a P/B Ratio of 6.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Sealed Air's valuation and earnings.
  • Percentage of Shares Shorted

    3.70% of the float of Sealed Air has been sold short.
  • Short Interest Ratio / Days to Cover

    Sealed Air has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sealed Air has recently decreased by 14.61%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Sealed Air pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Sealed Air does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Sealed Air is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Sealed Air will have a dividend payout ratio of 25.89% next year. This indicates that Sealed Air will be able to sustain or increase its dividend.

  • Read more about Sealed Air's dividend.
  • Percentage of Shares Shorted

    3.70% of the float of Sealed Air has been sold short.
  • Short Interest Ratio / Days to Cover

    Sealed Air has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sealed Air has recently decreased by 14.61%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Sealed Air has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Sealed Air this week, compared to 7 articles on an average week.
  • Search Interest

    4 people have searched for SEE on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sealed Air insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.30% of the stock of Sealed Air is held by insiders.

  • Percentage Held by Institutions

    94.40% of the stock of Sealed Air is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Sealed Air's insider trading history.
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SEE Stock News Headlines

Truist Financial Gives a Buy Rating to Sealed Air (SEE)
FY2024 EPS Estimates for Sealed Air Boosted by William Blair
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RBC Capital Reaffirms Their Hold Rating on Sealed Air (SEE)
See More Headlines

SEE Stock Analysis - Frequently Asked Questions

Sealed Air's stock was trading at $36.52 at the beginning of the year. Since then, SEE shares have decreased by 1.7% and is now trading at $35.8950.
View the best growth stocks for 2024 here
.

Sealed Air Co. (NYSE:SEE) posted its earnings results on Thursday, November, 7th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.12. The firm's revenue was down 2.7% compared to the same quarter last year.
Read the conference call transcript
.

Sealed Air subsidiaries include these companies: Foxpak Flexibles Ltd., Automated Packaging Systems, Fagerdala Singapore Pte. Ltd., DELTAPLAM Embalagens Indústria e Comércio, TTS-Ciptec, B+ Equipment, Diversey, and more.

Sealed Air's top institutional shareholders include State Street Corp (3.42%), Pacer Advisors Inc. (2.64%), Geode Capital Management LLC (1.58%) and Charles Schwab Investment Management Inc. (1.11%). Insiders that own company stock include Edward L Doheny II, Emile Z Chammas, Sergio A Pupkin, Henry R Keizer and Zubaid Ahmad.
View institutional ownership trends
.

Shares of SEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sealed Air investors own include NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Netflix (NFLX), Advanced Micro Devices (AMD) and Home Depot (HD).

Company Calendar

Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Last Earnings
11/07/2024
Today
11/22/2024
Ex-Dividend for 12/20 Dividend
12/06/2024
Dividend Payable
12/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/25/2025

Industry, Sector and Symbol

Industry
Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-Industry
Paper Packaging
CUSIP
81211K10
Employees
17,000
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$50.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+14.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$341.60 million
Pretax Margin
9.08%

Debt

Sales & Book Value

Annual Sales
$5.49 billion
Cash Flow
$4.96 per share
Book Value
$5.29 per share

Miscellaneous

Free Float
145,255,000
Market Cap
$5.23 billion
Optionable
Optionable
Beta
1.34

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This page (NYSE:SEE) was last updated on 11/23/2024 by MarketBeat.com Staff
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