William Blair Forecasts Sealed Air's Q2 Earnings (NYSE:SEE)

Sealed Air Corporation (NYSE:SEE - Free Report) - Analysts at William Blair dropped their Q2 2025 earnings per share (EPS) estimates for shares of Sealed Air in a research note issued to investors on Wednesday, June 18th. William Blair analyst R. Sparenblek now expects that the industrial products company will earn $0.71 per share for the quarter, down from their previous forecast of $0.73. The consensus estimate for Sealed Air's current full-year earnings is $3.05 per share.

Sealed Air (NYSE:SEE - Get Free Report) last issued its earnings results on Tuesday, May 6th. The industrial products company reported $0.81 earnings per share 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 analyst estimates of $1.27 billion. Sealed Air had a net margin of 5.55% and a return on equity of 65.49%. Sealed Air's revenue for the quarter 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.

Other equities analysts have also issued reports about the company. Truist Financial dropped their price target on Sealed Air from $44.00 to $33.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Mizuho cut their target price on shares of Sealed Air from $39.00 to $32.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Jefferies Financial Group set a $36.00 price target on shares of Sealed Air in a research report on Tuesday, March 4th. Raymond James Financial lowered their price objective on shares of Sealed Air from $42.00 to $36.00 and set a "strong-buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Wall Street Zen raised shares of Sealed Air from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Four 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $38.00.

Sealed Air Trading Down 1.4%

Shares of Sealed Air stock opened at $30.45 on Thursday. Sealed Air has a twelve month low of $22.78 and a twelve month high of $38.85. The company has a quick ratio of 0.76, a current ratio of 1.26 and a debt-to-equity ratio of 5.26. The business has a 50-day moving average price of $30.02 and a 200-day moving average price of $31.83. The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 2.82 and a beta of 1.37.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Arizona State Retirement System grew its stake in Sealed Air by 0.8% in the fourth quarter. Arizona State Retirement System now owns 42,277 shares of the industrial products company's stock valued at $1,430,000 after purchasing an additional 348 shares during the last quarter. Horizon Kinetics Asset Management LLC grew its position in shares of Sealed Air by 0.8% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 43,450 shares of the industrial products company's stock worth $1,470,000 after buying an additional 350 shares during the last quarter. Metis Global Partners LLC lifted its position in Sealed Air by 4.3% during the fourth quarter. Metis Global Partners LLC now owns 9,039 shares of the industrial products company's stock valued at $306,000 after acquiring an additional 375 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Sealed Air by 3.3% during the 4th quarter. Truist Financial Corp now owns 11,794 shares of the industrial products company's stock valued at $399,000 after purchasing an additional 377 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in Sealed Air by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 63,960 shares of the industrial products company's stock valued at $2,164,000 after buying an additional 400 shares during the last quarter. 94.40% of the stock is currently owned by institutional investors.

Sealed Air Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Friday, June 13th. Sealed Air's dividend payout ratio is currently 39.60%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.