Sealed Air (NYSE:SEE) Issues FY 2025 Earnings Guidance

Sealed Air (NYSE:SEE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.900-3.300 for the period, compared to the consensus EPS estimate of 3.010. The company issued revenue guidance of $5.1 billion-$5.5 billion, compared to the consensus revenue estimate of $5.3 billion.

Sealed Air Stock Down 0.5 %

NYSE:SEE traded down $0.14 during trading hours on Friday, reaching $30.59. The company's stock had a trading volume of 1,671,494 shares, compared to its average volume of 1,544,736. Sealed Air has a one year low of $22.78 and a one year high of $41.14. The business's 50-day moving average is $28.19 and its 200-day moving average is $32.57. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 11.25 and a beta of 1.35.

Sealed Air (NYSE:SEE - Get Free Report) last announced its earnings results on Tuesday, May 6th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.14. The firm had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.27 billion. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. The company's revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.78 earnings per share. Equities research analysts predict that Sealed Air will post 3.05 EPS for the current year.

Sealed Air Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.20 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.62%. Sealed Air's payout ratio is presently 44.20%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Raymond James dropped their price target on Sealed Air from $42.00 to $36.00 and set a "strong-buy" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company increased their price target on shares of Sealed Air from $42.00 to $43.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Jefferies Financial Group set a $36.00 price objective on shares of Sealed Air in a report on Tuesday, March 4th. Mizuho reduced their target price on shares of Sealed Air from $39.00 to $32.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Finally, Morgan Stanley lowered their price target on Sealed Air from $39.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $38.00.

Insiders Place Their Bets

In other news, Director Henry R. Keizer purchased 1,120 shares of Sealed Air stock in a transaction on Tuesday, March 11th. The shares were purchased at an average cost of $30.00 per share, for a total transaction of $33,600.00. Following the completion of the transaction, the director now directly owns 35,000 shares in the company, valued at approximately $1,050,000. This represents a 3.31 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.30% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sealed Air stock. Brighton Jones LLC acquired a new stake in Sealed Air Co. (NYSE:SEE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 21,800 shares of the industrial products company's stock, valued at approximately $737,000. 94.40% of the stock is currently owned by institutional investors.

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.