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

Key Points

• Sealed Air has updated its FY 2025 earnings guidance, projecting earnings per share between $2.900 and $3.300, below the consensus estimate of $3.101.
• The company reported a quarterly earnings per share of $0.89, exceeding analysts' expectations of $0.72, with revenues of $1.34 billion for the quarter.
• Sealed Air declared a quarterly dividend of $0.20 per share, yielding 2.6% annually, with a payout ratio of 39.60%.

Sealed Air (NYSE:SEE - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.900-3.300 for the period, compared to the consensus EPS estimate of 3.101. The company issued revenue guidance of $5.1 billion-$5.5 billion, compared to the consensus revenue estimate of $5.3 billion.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Raymond James Financial reissued a "strong-buy" rating on shares of Sealed Air in a research report on Tuesday, July 15th. Mizuho upped their price objective on Sealed Air from $34.00 to $37.00 and gave the stock an "outperformer" rating in a research note on Tuesday, July 15th. Citigroup increased their price target on Sealed Air from $33.00 to $37.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. 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 note on Friday, July 11th. Finally, Wells Fargo & Company increased their price objective on shares of Sealed Air from $39.00 to $43.00 and gave the company an "overweight" rating in a report on Friday, July 18th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $38.27.

Sealed Air Trading Down 0.8%

Shares of SEE stock traded down $0.24 during trading hours on Friday, hitting $29.30. The company had a trading volume of 1,100,773 shares, compared to its average volume of 1,285,142. The company's fifty day moving average is $31.20 and its 200 day moving average is $30.82. The company has a debt-to-equity ratio of 4.18, a current ratio of 1.19 and a quick ratio of 0.76. Sealed Air has a fifty-two week low of $22.78 and a fifty-two week high of $38.85. The stock has a market capitalization of $4.31 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 2.31 and a beta of 1.33.

Sealed Air (NYSE:SEE - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.17. Sealed Air had a net margin of 5.46% and a return on equity of 60.61%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the firm posted $0.83 EPS. The company's revenue was down .7% on a year-over-year basis. Research analysts expect that Sealed Air will post 3.05 earnings per share for the current fiscal year.

Sealed Air Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, September 12th. This represents a $0.80 dividend on an annualized basis and a yield of 2.7%. Sealed Air's payout ratio is presently 40.40%.

Institutional Investors Weigh In On Sealed Air

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its stake in Sealed Air by 21.4% during the first quarter. Royal Bank of Canada now owns 118,808 shares of the industrial products company's stock worth $3,434,000 after buying an additional 20,925 shares during the period. Focus Partners Wealth raised its holdings in Sealed Air by 66.9% in the first quarter. Focus Partners Wealth now owns 41,184 shares of the industrial products company's stock valued at $1,190,000 after acquiring an additional 16,515 shares in the last quarter. Brighton Jones LLC acquired a new stake in shares of Sealed Air during the fourth quarter worth $737,000. Empowered Funds LLC raised its holdings in shares of Sealed Air by 4.1% during the first quarter. Empowered Funds LLC now owns 12,560 shares of the industrial products company's stock worth $363,000 after purchasing an additional 500 shares during the period. Finally, United Services Automobile Association acquired a new stake in shares of Sealed Air during the first quarter worth $272,000. 94.40% of the stock is currently owned by hedge funds and other institutional investors.

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.