Q2 Earnings Forecast for Sealed Air Issued By Zacks Research

Sealed Air Co. (NYSE:SEE - Free Report) - Research analysts at Zacks Research boosted their Q2 2026 EPS estimates for shares of Sealed Air in a research note issued on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $0.80 for the quarter, up from their prior estimate of $0.79. The consensus estimate for Sealed Air's current full-year earnings is $3.05 per share.

Sealed Air (NYSE:SEE - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.08. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the firm posted $0.88 EPS. The company's revenue for the quarter was down .4% on a year-over-year basis.

A number of other research analysts also recently issued reports on the stock. Bank of America reduced their price target on shares of Sealed Air from $42.00 to $39.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. Citigroup dropped their price objective on shares of Sealed Air from $44.00 to $42.00 and set a "buy" rating on the stock in a report on Monday, January 6th. StockNews.com raised shares of Sealed Air from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th. Jefferies Financial Group set a $36.00 price objective on shares of Sealed Air in a report on Tuesday, March 4th. Finally, Wells Fargo & Company increased their price objective on shares of Sealed Air from $42.00 to $43.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Sealed Air has an average rating of "Moderate Buy" and an average price target of $40.25.

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Sealed Air Stock Performance

Shares of Sealed Air stock traded up $0.29 during trading hours on Friday, reaching $29.85. The company's stock had a trading volume of 1,252,096 shares, compared to its average volume of 1,401,093. The company's 50 day simple moving average is $33.53 and its 200 day simple moving average is $34.71. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.79 and a current ratio of 1.29. Sealed Air has a one year low of $29.33 and a one year high of $41.14. The stock has a market cap of $4.35 billion, a P/E ratio of 10.97 and a beta of 1.32.

Hedge Funds Weigh In On Sealed Air

Several hedge funds have recently made changes to their positions in SEE. Pacer Advisors Inc. acquired a new position in shares of Sealed Air in the 3rd quarter worth approximately $139,800,000. Vanguard Group Inc. grew its stake in shares of Sealed Air by 17.7% in the 4th quarter. Vanguard Group Inc. now owns 18,330,381 shares of the industrial products company's stock worth $620,117,000 after purchasing an additional 2,754,395 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Sealed Air by 69.2% in the fourth quarter. Invesco Ltd. now owns 3,788,839 shares of the industrial products company's stock worth $128,176,000 after buying an additional 1,549,184 shares during the period. Norges Bank acquired a new position in shares of Sealed Air in the fourth quarter worth about $50,562,000. Finally, Swedbank AB acquired a new position in shares of Sealed Air in the third quarter worth about $53,681,000. Institutional investors and hedge funds own 94.40% of the company's stock.

Insider Transactions at Sealed Air

In other Sealed Air news, Director Henry R. Keizer acquired 1,120 shares of the stock in a transaction dated Tuesday, March 11th. The shares were bought at an average price of $30.00 per share, with a total value of $33,600.00. Following the purchase, the director now directly owns 35,000 shares of the company's stock, valued at approximately $1,050,000. This trade represents a 3.31 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.30% of the company's stock.

Sealed Air Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.68%. Sealed Air's dividend payout ratio is currently 44.20%.

Sealed Air Company Profile

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.