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

$24.72
-1.38 (-5.29 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$23.52
Now: $24.72
$25.41
50-Day Range
$17.55
MA: $30.17
$37.48
52-Week Range
$17.06
Now: $24.72
$47.13
Volume1.71 million shs
Average Volume2.27 million shs
Market Capitalization$3.82 billion
P/E Ratio14.63
Dividend Yield2.45%
Beta1.03
Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. It operates in two segments, Food Care and Product Care. The Food Care segment offers integrated packaging materials and equipment solutions to provide food safety, shelf life extension, and total cost optimization for perishable food processors in the fresh red meat, smoked and processed meats, poultry, and dairy markets under the Cryovac, Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Product Care segment provides foam, corrugated, molded pulp, and wood packaging solutions to protect goods in shipping for the e-commerce, electronics, transportation, and industrial markets under the Bubble Wrap, Cryovac, Instapak, Jiffy, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, third-party logistics partners, e-commerce/fulfillment operations, and retail centers. The company was founded in 1960 and is headquartered in Charlotte, North Carolina.
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Sealed Air logo

Industry, Sector and Symbol

Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustryPaper Packaging
SectorIndustrial Products
CUSIP81211K10
Phone980-221-3235

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.79 billion
Cash Flow$3.61 per share
Book Value($1.27) per share

Profitability

Net Income$263 million

Miscellaneous

Employees16,500
Market Cap$3.82 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Sealed Air (NYSE:SEE) Frequently Asked Questions

How has Sealed Air's stock been impacted by COVID-19 (Coronavirus)?

Sealed Air's stock was trading at $26.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SEE shares have decreased by 7.5% and is now trading at $24.72. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sealed Air?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sealed Air in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sealed Air.

When is Sealed Air's next earnings date?

Sealed Air is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Sealed Air.

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) posted its quarterly earnings data on Tuesday, February, 11th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.04. The industrial products company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. Sealed Air had a net margin of 5.49% and a negative return on equity of 155.41%. The business's quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. View Sealed Air's earnings history.

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

Sealed Air declared a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, March 6th will be given a dividend of $0.16 per share on Friday, March 20th. This represents a $0.64 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, March 5th. View Sealed Air's dividend history.

How will Sealed Air's stock buyback program work?

Sealed Air announced that its Board of Directors has authorized a stock buyback plan on Thursday, May 3rd 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 13.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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

Sealed Air updated its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of $2.85-2.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.02. The company issued revenue guidance of $4.9-4.95 billion, compared to the consensus revenue estimate of $5.01 billion.

What price target have analysts set for SEE?

7 Wall Street analysts have issued 12-month price objectives for Sealed Air's stock. Their forecasts range from $26.00 to $51.00. On average, they anticipate Sealed Air's share price to reach $40.29 in the next year. This suggests a possible upside of 63.0% from the stock's current price. View analysts' price targets 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, "Weak cash flow conversion combined with a levered balance sheet (4.0x) is a suboptimal combination." (8/2/2019)
  • 2. According to Zacks Investment Research, "For fiscal 2019, Sealed Air anticipates net sales at $4.8 billion, reflecting year-over-year growth of 2%. Adjusted EPS is projected at $2.65-$2.75, an increase of 6% to 10% from the prior year. In fiscal 2019, currency headwind is expected to negatively impact net sales by approximately $130 million and adjusted EBITDA by $25 million. In the Product Care segment, volumes will likely be flat in 2019 owing to weak volumes in the U.K. and China. Increasing raw material prices and higher freight charges also remain headwinds. Moreover, 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 estimate for first-quarter 2019 earnings has been revised downwards, ahead of its first-quarter earnings release.  " (4/11/2019)

Has Sealed Air been receiving favorable news coverage?

News articles about SEE stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sealed Air earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutSealed Air.

Are investors shorting Sealed Air?

Sealed Air saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 4,264,000 shares, a decline of 14.4% from the February 27th total of 4,980,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the short-interest ratio is presently 3.3 days. Currently, 2.8% of the company's stock are sold short. View Sealed Air's Current Options Chain.

Who are some of Sealed Air's key competitors?

What other stocks do shareholders of Sealed Air own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sealed Air investors own include Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), General Electric (GE), Netflix (NFLX), Intel (INTC), Boeing (BA), Schlumberger (SLB), Exxon Mobil (XOM) and Home Depot (HD).

Who are Sealed Air's key executives?

Sealed Air's management team includes the following people:
  • Mr. Edward L. Doheny II, CEO, Pres & Director (Age 57)
  • Mr. William Gregory Stiehl, Sr. VP & CFO (Age 57)
  • Mr. Karl R. Deily, Sr. VP & Pres of Food Care (Age 61)
  • Mr. Emile Z. Chammas, Sr. VP & Chief Supply Chain Officer (Age 50)
  • Mr. Michael A. Leon, Chief Accounting Officer & Controller (Age 38)

What is Sealed Air's stock symbol?

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

Who are Sealed Air's major shareholders?

Sealed Air's stock is owned by many different institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (5.31%), State Street Corp (4.45%), Marshall Wace North America L.P. (4.25%), Nitorum Capital L.P. (1.80%), Geode Capital Management LLC (1.60%) and Alliancebernstein L.P. (1.54%). Company insiders that own Sealed Air stock include Edward L Doheny II, Emile Z Chammas, Harry A Lawton III, Henry R Keizer, James M Sullivan, Jerry R Whitaker, Karl R Deily, Kenneth P Chrisman, Neil Lustig, Patrick Duff 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 Goldman Sachs Group Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Bank of America Corp DE, Janus Henderson Group PLC, Robeco Institutional Asset Management B.V., State Street Corp, and AJO LP. View insider buying and selling activity 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 Norges Bank, Credit Suisse AG, Victory Capital Management Inc., Victory Capital Management Inc., Prudential Financial Inc., AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., and ArrowMark Colorado Holdings LLC. Company insiders that have bought Sealed Air stock in the last two years include Edward L Doheny II, Emile Z Chammas, Harry A Lawton III, Henry R Keizer, James M Sullivan, Jerry R Whitaker, Neil Lustig, and Patrick Duff. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sealed Air's stock price today?

One share of SEE stock can currently be purchased for approximately $24.72.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $3.82 billion and generates $4.79 billion in revenue each year. The industrial products company earns $263 million in net income (profit) each year or $2.82 on an earnings per share basis. Sealed Air employs 16,500 workers across the globe. View additional information about Sealed Air.

What is Sealed Air's official website?

The official website for Sealed Air is http://www.sealedair.com/.

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:  429 (Vote Outperform)
Underperform Votes:  582 (Vote Underperform)
Total Votes:  1,011
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 3/29/2020 by MarketBeat.com Staff

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