NYSE:SEE - Sealed Air Stock Price, News, & Analysis

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$38.95 -0.10 (-0.26 %)
(As of 08/19/2018 07:38 AM ET)
Previous Close$38.95
Today's Range$38.49 - $39.05
52-Week Range$38.49 - $49.94
Volume5.37 million shs
Average Volume2.00 million shs
Market Capitalization$6.31 billion
P/E Ratio21.52
Dividend Yield1.61%
Beta1.06
Sealed Air logoSealed Air Corporation provides food safety and security, and product protection solutions worldwide. The company operates through Food Care and Product Care segments. The Food Care segment offers integrated system solutions that enhance the management of contamination risk during the food and beverage production process, extend product shelf life through packaging technologies, and improve merchandising, ease-of-use, and back-of-house preparation processes to processors, retailers, and food service operators under the Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands. It also provides integrated system solutions that incorporate equipment systems, which are frequently integrated into customers' operations; and packaging equipment for loading, filling, and dispensing. In addition, this segment offers graphic design, printing, training, field quality assurance, and remote diagnostics services; flexible packaging materials for medical and drug delivery devices; specialty component films for ostomy and colostomy bags; and PVC free films for packing pharmaceutical solutions, as well as new venture businesses. The Product Care segment provides packaging solutions under the Bubble Wrap and AirCap, Cryovac, Shanklin FloWrap, Instapak, Jiffy, and Korrvu brands, as well as I-Pack systems and e-Cube systems. The company serves food and beverage processing, food service, retail, healthcare and industrial, and commercial and consumer applications. Sealed Air Corporation was founded in 1960 and is headquartered in Charlotte, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustryPaper Packaging
SectorIndustrial Products
SymbolNYSE:SEE
CUSIP81211K10
Phone980-221-3235

Debt

Debt-to-Equity Ratio-8.64
Current Ratio1.11
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio21.52
Forward P/E Ratio15.46
P/E Growth1.7

Sales & Book Value

Annual Sales$4.46 billion
Price / Sales1.39
Cash Flow$2.6715 per share
Price / Cash14.58
Book Value$0.84 per share
Price / Book46.37

Profitability

EPS (Most Recent Fiscal Year)$1.81
Net Income$814.90 million
Net Margins14.37%
Return on Equity859.42%
Return on Assets7.15%

Miscellaneous

Employees15,000
Outstanding Shares158,810,000
Market Cap$6.31 billion

Sealed Air (NYSE:SEE) Frequently Asked Questions

What is Sealed Air's stock symbol?

Sealed Air trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEE."

How often does Sealed Air pay dividends? What is the dividend yield for Sealed Air?

Sealed Air announced a quarterly dividend on Friday, July 13th. Investors of record on Friday, September 7th will be given a dividend of $0.16 per share on Friday, September 21st. This represents a $0.64 annualized dividend and a yield of 1.64%. The ex-dividend date is Thursday, September 6th. View Sealed Air's Dividend History.

How will Sealed Air's stock buyback program work?

Sealed Air announced that its Board of Directors has approved a stock buyback plan on Thursday, May 3rd 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 13.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) posted its quarterly earnings data on Thursday, August, 2nd. The industrial products company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.58 by $0.06. The industrial products company earned $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. Sealed Air had a net margin of 14.37% and a return on equity of 859.42%. The company's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.34 EPS. View Sealed Air's Earnings History.

When is Sealed Air's next earnings date?

Sealed Air is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Sealed Air.

What guidance has Sealed Air issued on next quarter's earnings?

Sealed Air updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.52. The company issued revenue guidance of ~$4.75 billion, compared to the consensus revenue estimate of $4.75 billion.

What price target have analysts set for SEE?

12 brokers have issued 1-year price targets for Sealed Air's shares. Their forecasts range from $47.00 to $55.00. On average, they anticipate Sealed Air's stock price to reach $50.40 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for Sealed Air.

What is the consensus analysts' recommendation for Sealed Air?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sealed Air in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sealed Air.

What are Wall Street analysts saying about Sealed Air stock?

Here are some recent quotes from research analysts about Sealed Air stock:
  • 1. KeyCorp analysts commented, "We are slightly increasing our 2018 adjusted EBITDA estimate from $895 million to $900 million (at the midpoint of guidance of $890 million to $910 million) and our 2019 EBITDA estimate from $915 million to $920 million (consensus is $951 million); we are moving to the midpoint of guidance for 2018 following the Company’s slight beat in 2Q. For 2019, we assume a minimal EBITDA contribution from just-acquired AFP (~$5 million), such that the majority of our assumed $20 million of EBITDA growth is organic. We realize our assumed rate of organic EBITDA growth for 2019 is lower than that in 2018, but we also note that SEE’s EBITDA was essentially flat in the previous two years. At the midpoint of its 2018 EBITDA guidance, SEE is trading at 11.2x EV/EBITDA, roughly in line with the five-year average. We think the valuation is fair." (8/2/2018)
  • 2. According to Zacks Investment Research, "Sealed Air will benefit from the sale of Diversey which will help it enhance focus on Food Care and Product Care divisions. Its top-line will be supported by accelerated growth in the global protein market along with the e-Commerce sector. Innovations and acquisitions will also drive growth. For 2018, Sealed Air projects net sales of approximately $4.75-$4.80 billion and adjusted earnings per share at $2.45-$2.55, an increase of 38% at the mid-point. However, stranded costs following the Diversey sale, increasing raw material prices remain headwinds. Sealed Air continues to invest in R&D, sales and marketing. Even though these investments will drive future growth, it will affect margins in the near term.The stock has underperformed the industry over the past year." (7/3/2018)

Who are some of Sealed Air's key competitors?

Who are Sealed Air's key executives?

Sealed Air's management team includes the folowing people:
  • Mr. Edward L. Doheny II, CEO, Pres & Director (Age 56)
  • Mr. William Gregory Stiehl, Acting CFO, Chief Accounting Officer & Controller (Age 56)
  • Mr. Karl R. Deily, Sr. VP & Pres of Food Care (Age 60)
  • Mr. Emile Z. Chammas, Sr. VP & Chief Supply Chain Officer (Age 49)
  • Mr. Marc A. Hamer, Chief Information Officer, Chief Digital Officer & Corp. VP

Has Sealed Air been receiving favorable news coverage?

News headlines about SEE stock have trended positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sealed Air earned a news and rumor sentiment score of 0.26 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 47.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Sealed Air.

Who are Sealed Air's major shareholders?

Sealed Air's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.85%), Janus Henderson Group PLC (5.37%), Wells Fargo & Company MN (3.99%), Manning & Napier Group LLC (1.55%), Bank of New York Mellon Corp (1.51%) and Jennison Associates LLC (1.49%). Company insiders that own Sealed Air stock include Edward L Doheny II, Emile Z Chammas, Henry R Keizer, Jerome A Peribere, Jerry R Whitaker, Kenneth P Chrisman, Lawrence R Codey and William G Stiehl. View Institutional Ownership Trends for Sealed Air.

Which major investors are selling Sealed Air stock?

SEE stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Putnam Investments LLC, Massachusetts Financial Services Co. MA, BlackRock Inc., Jennison Associates LLC, Waddell & Reed Financial Inc., Connor Clark & Lunn Investment Management Ltd. and Marshall Wace LLP. Company insiders that have sold Sealed Air company stock in the last year include Emile Z Chammas, Kenneth P Chrisman, Lawrence R Codey and William G Stiehl. View Insider Buying and Selling for Sealed Air.

Which major investors are buying Sealed Air stock?

SEE stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Victory Capital Management Inc., Bank of America Corp DE, Millennium Management LLC, TD Asset Management Inc., Teacher Retirement System of Texas, BlueMountain Capital Management LLC and Tibra Equities Europe Ltd. Company insiders that have bought Sealed Air stock in the last two years include Edward L Doheny II, Emile Z Chammas, Henry R Keizer, Jerome A Peribere and Jerry R Whitaker. View Insider Buying and Selling for Sealed Air.

How do I buy shares of Sealed Air?

Shares of SEE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sealed Air's stock price today?

One share of SEE stock can currently be purchased for approximately $38.95.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $6.31 billion and generates $4.46 billion in revenue each year. The industrial products company earns $814.90 million in net income (profit) each year or $1.81 on an earnings per share basis. Sealed Air employs 15,000 workers across the globe.

How can I contact Sealed Air?

Sealed Air's mailing address is 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC, 28208. The industrial products company can be reached via phone at 980-221-3235 or via email at [email protected]


MarketBeat Community Rating for Sealed Air (NYSE SEE)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  462 (Vote Underperform)
Total Votes:  805
MarketBeat's community ratings are surveys of what our community members think about Sealed Air and other stocks. Vote "Outperform" if you believe SEE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SEE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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