Sealed Air Corporation (NYSE:SEE) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Sealed Air Corporation has an average analyst rating of "Moderate Buy", with 8 buy ratings, 2 hold ratings, and 1 strong buy rating, indicating positive sentiment among analysts.
• The company recently reported a quarterly EPS of $0.89, exceeding estimates, but its revenue was down 0.7% year-over-year at $1.34 billion.
• Sealed Air announced a quarterly dividend of $0.20 per share, reflecting a 2.4% yield, and a payout ratio of 40.40% indicates a commitment to shareholder returns.

Shares of Sealed Air Corporation (NYSE:SEE - Get Free Report) have received an average rating of "Moderate Buy" from the eleven research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $40.0909.

Several research firms have recently weighed in on SEE. Royal Bank Of Canada set a $48.00 price objective on Sealed Air and gave the company an "outperform" rating in a research note on Wednesday, October 8th. Mizuho increased their price target on Sealed Air from $36.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, October 3rd. Truist Financial increased their price target on Sealed Air from $33.00 to $40.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Wells Fargo & Company increased their price target on Sealed Air from $39.00 to $43.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Sealed Air in a research report on Wednesday, October 8th.

Sealed Air Trading Down 0.7%

SEE stock opened at $33.54 on Tuesday. Sealed Air has a 1-year low of $22.78 and a 1-year high of $38.85. The firm has a market cap of $4.93 billion, a P/E ratio of 16.94, a P/E/G ratio of 2.41 and a beta of 1.36. The business's 50 day moving average is $32.84 and its 200-day moving average is $31.02. The company has a current ratio of 1.19, a quick ratio of 0.71 and a debt-to-equity ratio of 4.18.

Sealed Air (NYSE:SEE - Get Free Report) last released 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. Sealed Air had a return on equity of 60.61% and a net margin of 5.46%.The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the company posted $0.83 EPS. The company's revenue was down .7% compared to the same quarter last year. Sealed Air has set its FY 2025 guidance at 2.900-3.300 EPS. Equities analysts anticipate that Sealed Air will post 3.05 earnings per share for the current fiscal year.

Sealed Air Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.80 annualized dividend and a yield of 2.4%. Sealed Air's dividend payout ratio is currently 40.40%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SEE. Alberta Investment Management Corp acquired a new position in shares of Sealed Air in the 1st quarter valued at $46,127,000. Norges Bank acquired a new position in shares of Sealed Air in the 2nd quarter valued at $37,434,000. Victory Capital Management Inc. lifted its stake in shares of Sealed Air by 42.1% in the 1st quarter. Victory Capital Management Inc. now owns 2,864,927 shares of the industrial products company's stock valued at $82,796,000 after purchasing an additional 849,485 shares during the period. Woodline Partners LP acquired a new position in shares of Sealed Air in the 1st quarter valued at $17,711,000. Finally, Bank of America Corp DE lifted its stake in shares of Sealed Air by 13.7% in the 2nd quarter. Bank of America Corp DE now owns 4,220,533 shares of the industrial products company's stock valued at $130,963,000 after purchasing an additional 507,067 shares during the period. 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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