Sealed Air Corporation (NYSE:SEE) Receives $38.80 Average Target Price from Analysts

Key Points

• Sealed Air Corporation has an average rating of "Moderate Buy" from eight brokerages, with price targets ranging from $33 to $43, indicating optimism about the stock's performance.
• The company reported $0.89 earnings per share for the last quarter, surpassing estimates, and revealed a guidance of 2.900-3.300 EPS for FY 2025.
• Sealed Air has declared a quarterly dividend of $0.20, with a dividend yield of 2.4%, reflecting a commitment to returning value to its shareholders.

Shares of Sealed Air Corporation (NYSE:SEE - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight brokerages that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $38.80.

Several brokerages recently issued reports on SEE. Wall Street Zen raised Sealed Air from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. UBS Group raised their target price on Sealed Air from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Wells Fargo & Company raised their target price on Sealed Air from $39.00 to $43.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Mizuho raised their target price on Sealed Air from $34.00 to $37.00 and gave the stock an "outperformer" rating in a research report on Tuesday, July 15th. Finally, Truist Financial raised their target price on Sealed Air from $33.00 to $40.00 and gave the stock a "buy" rating in a research report on Friday, July 11th.

Institutional Trading of Sealed Air

Large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Sealed Air during the 4th quarter worth about $27,000. Atlantic Union Bankshares Corp acquired a new stake in Sealed Air during the 2nd quarter worth about $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in Sealed Air by 383.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 837 shares of the industrial products company's stock worth $26,000 after acquiring an additional 664 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in Sealed Air during the 1st quarter worth about $26,000. Finally, Parkside Financial Bank & Trust grew its holdings in Sealed Air by 334.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 960 shares of the industrial products company's stock worth $30,000 after acquiring an additional 739 shares during the period. 94.40% of the stock is currently owned by institutional investors and hedge funds.

Sealed Air Price Performance

Shares of SEE traded up $0.20 during trading hours on Monday, reaching $32.43. The stock had a trading volume of 948,795 shares, compared to its average volume of 1,663,815. Sealed Air has a 12 month low of $22.78 and a 12 month high of $38.85. The stock has a market capitalization of $4.77 billion, a PE ratio of 16.38, a PEG ratio of 2.51 and a beta of 1.33. The company has a debt-to-equity ratio of 4.18, a quick ratio of 0.71 and a current ratio of 1.19. The company's 50-day moving average is $31.11 and its two-hundred day moving average is $30.49.

Sealed Air (NYSE:SEE - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.17. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. Sealed Air had a return on equity of 60.61% and a net margin of 5.46%.Sealed Air's revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the company earned $0.83 EPS. Sealed Air has set its FY 2025 guidance at 2.900-3.300 EPS. Research analysts expect that Sealed Air will post 3.05 EPS for the current year.

Sealed Air Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, September 12th. Sealed Air's dividend payout ratio (DPR) is presently 40.40%.

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.