Sealed Air Corporation (NYSE:SEE) Given Consensus Recommendation of "Moderate Buy" by Brokerages

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.

Sealed Air Corporation (NYSE:SEE - Get Free Report) has received an average rating of "Moderate Buy" from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $38.80.

Several brokerages have commented on SEE. Citigroup increased their price target on Sealed Air from $33.00 to $37.00 and gave the company a "buy" rating in a report on Friday, July 11th. Mizuho increased their price target on Sealed Air from $34.00 to $37.00 and gave the company an "outperformer" rating in a report on Tuesday, July 15th. Raymond James Financial reiterated a "strong-buy" rating on shares of Sealed Air in a report on Tuesday, July 15th. Wall Street Zen upgraded Sealed Air from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Wells Fargo & Company increased their price target on Sealed Air from $39.00 to $43.00 and gave the company an "overweight" rating in a report on Friday, July 18th.

Sealed Air Price Performance

Shares of SEE opened at $32.7210 on Monday. The firm has a market cap of $4.81 billion, a PE ratio of 16.53, a PEG ratio of 2.55 and a beta of 1.33. The firm's 50 day moving average price is $30.95 and its 200 day moving average price is $30.50. The company has a debt-to-equity ratio of 4.18, a quick ratio of 0.71 and a current ratio of 1.19. Sealed Air has a twelve month low of $22.78 and a twelve month high of $38.85.

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

Sealed Air Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be paid a $0.20 dividend. The ex-dividend date is Friday, September 12th. This represents a $0.80 annualized dividend and a dividend yield of 2.4%. Sealed Air's dividend payout ratio (DPR) is presently 40.40%.

Institutional Investors Weigh In On Sealed Air

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Burney Co. grew its stake in shares of Sealed Air by 4.1% in the first quarter. Burney Co. now owns 12,316 shares of the industrial products company's stock worth $356,000 after acquiring an additional 481 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Sealed Air by 1.1% in the second quarter. Public Employees Retirement System of Ohio now owns 45,273 shares of the industrial products company's stock worth $1,405,000 after acquiring an additional 482 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Sealed Air by 4.1% in the first quarter. Empowered Funds LLC now owns 12,560 shares of the industrial products company's stock worth $363,000 after acquiring an additional 500 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Sealed Air by 3.6% in the second quarter. Park Avenue Securities LLC now owns 16,207 shares of the industrial products company's stock worth $503,000 after acquiring an additional 566 shares during the last quarter. Finally, Xponance Inc. grew its stake in shares of Sealed Air by 7.2% in the first quarter. Xponance Inc. now owns 8,549 shares of the industrial products company's stock worth $247,000 after acquiring an additional 577 shares during the last quarter. Institutional investors and hedge funds own 94.40% of the company's stock.

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.

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