Q2 Earnings Forecast for Sealed Air Issued By Zacks Research

Sealed Air Co. (NYSE:SEE - Free Report) - Investment analysts at Zacks Research raised their Q2 2026 earnings per share estimates for shares of Sealed Air in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $0.80 for the quarter, up from their prior forecast 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 announced its earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.08. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. 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 business posted $0.88 EPS. The company's revenue was down .4% on a year-over-year basis.

Other analysts have also recently issued reports about the company. Mizuho reduced their price target on Sealed Air from $45.00 to $42.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. UBS Group raised their price target on Sealed Air from $37.00 to $38.00 and gave the company a "neutral" rating in a report on Wednesday, February 26th. Morgan Stanley reduced their price target on Sealed Air from $39.00 to $38.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Truist Financial lifted their price objective on Sealed Air from $41.00 to $44.00 and gave the stock a "buy" rating in a report on Monday, January 6th. Finally, Wells Fargo & Company lifted their price objective on Sealed Air from $42.00 to $43.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $40.25.

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Sealed Air Stock Performance

Shares of SEE stock traded up $0.29 during midday trading on Friday, hitting $29.85. The company 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. Sealed Air has a 52-week low of $29.33 and a 52-week high of $41.14. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 10.97 and a beta of 1.32. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEE. Assetmark Inc. lifted its stake in shares of Sealed Air by 1.8% in the third quarter. Assetmark Inc. now owns 55,570 shares of the industrial products company's stock worth $2,017,000 after acquiring an additional 961 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in shares of Sealed Air by 10.2% in the third quarter. State of New Jersey Common Pension Fund D now owns 56,755 shares of the industrial products company's stock worth $2,060,000 after acquiring an additional 5,231 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of Sealed Air in the third quarter worth about $433,000. KBC Group NV lifted its stake in shares of Sealed Air by 20.1% in the third quarter. KBC Group NV now owns 4,595 shares of the industrial products company's stock worth $167,000 after acquiring an additional 769 shares in the last quarter. Finally, Metis Global Partners LLC lifted its stake in shares of Sealed Air by 38.8% in the third quarter. Metis Global Partners LLC now owns 8,664 shares of the industrial products company's stock worth $315,000 after acquiring an additional 2,420 shares in the last quarter. Institutional investors and hedge funds own 94.40% of the company's stock.

Insider Buying and Selling at Sealed Air

In related news, Director Henry R. Keizer acquired 1,120 shares of Sealed Air stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of $30.00 per share, for a total transaction of $33,600.00. Following the completion of the purchase, the director now directly owns 35,000 shares in the company, valued at $1,050,000. This trade represents a 3.31 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.30% of the stock is owned by company insiders.

Sealed Air Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Friday, March 14th. Sealed Air's dividend payout ratio (DPR) is presently 44.20%.

About Sealed Air

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.