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NYSE:SEE

Sealed Air (SEE) Stock Price, News & Analysis

$36.67
+1.37 (+3.88%)
(As of 10/17/2024 ET)

About Sealed Air Stock (NYSE:SEE)

Key Stats

Today's Range
$36.00
$36.82
50-Day Range
$32.28
$36.67
52-Week Range
$28.50
$41.14
Volume
2.33 million shs
Average Volume
1.57 million shs
Market Capitalization
$5.34 billion
P/E Ratio
14.79
Dividend Yield
2.18%
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
90th Percentile Overall Score

SEE MarketRank™: 

Sealed Air scored higher than 90% of companies evaluated by MarketBeat, and ranked 30th out of 177 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 been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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

    Earnings for Sealed Air are expected to grow by 5.46% in the coming year, from $2.93 to $3.09 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sealed Air is 14.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sealed Air is 14.79, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.53.

  • Price to Earnings Growth Ratio

    Sealed Air has a PEG Ratio of 8.98. 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 9.65. 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

    4.22% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sealed Air has recently increased by 0.16%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Sealed Air pays a meaningful dividend of 2.25%, 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 32.26%. 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

    4.22% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sealed Air has recently increased by 0.16%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Sealed Air has a news sentiment score of 0.49. 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 is a lower news sentiment than the 0.63 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Sealed Air this week, compared to 7 articles on an average week.
  • Search Interest

    Only 1 people have searched for SEE on MarketBeat in the last 30 days. This is a decrease of -50% 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

Sealed Air Declares Quarterly Cash Dividend
Sealed Air (SEE) Gets a Buy from Wells Fargo
The real reason Elon is fully endorsing Trump
Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
Sealed Air (NYSE:SEE) Price Target Lowered to $41.00 at Truist Financial
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 increased by 0.4% and is now trading at $36.67.
View the best growth stocks for 2024 here
.

Sealed Air Co. (NYSE:SEE) announced its quarterly earnings data on Thursday, August, 8th. The industrial products company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.19. The business's revenue was down 2.6% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of Sealed Air: Foxpak Flexibles Ltd., Automated Packaging Systems, Fagerdala Singapore Pte. Ltd., DELTAPLAM Embalagens Indústria e Comércio, TTS-Ciptec, B+ Equipment, Diversey, and others.

Top institutional investors of Sealed Air include Swedbank AB (1.02%), Marathon Asset Management Ltd (0.41%), Kwmg LLC (0.09%) and Sound Income Strategies LLC (0.05%). 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

Last Earnings
8/08/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Today
10/17/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

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
+11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$341.60 million
Pretax Margin
8.25%

Debt

Sales & Book Value

Annual Sales
$5.43 billion
Cash Flow
$5.11 per share
Book Value
$3.80 per share

Miscellaneous

Free Float
145,236,000
Market Cap
$5.34 billion
Optionable
Optionable
Beta
1.34

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This page (NYSE:SEE) was last updated on 10/17/2024 by MarketBeat.com Staff
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