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

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$45.47 -0.24 (-0.53 %)
(As of 04/22/2019 02:49 PM ET)
Previous Close$45.71
Today's Range$45.18 - $45.60
52-Week Range$30.22 - $47.13
Volume33,633 shs
Average Volume1.25 million shs
Market Capitalization$7.08 billion
P/E Ratio18.21
Dividend Yield1.40%
Beta1.14
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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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$4.73 billion
Cash Flow$3.3731 per share
Book Value($2.22) per share

Profitability

Net Income$193.10 million

Miscellaneous

Employees15,500
Market Cap$7.08 billion
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.16 per share on Friday, March 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Thursday, March 7th. View Sealed Air's Dividend History.

How will Sealed Air's stock buyback program work?

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

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) announced its quarterly earnings results on Thursday, February, 7th. The industrial products company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08. The industrial products company earned $1.26 billion during the quarter, compared to analysts' expectations of $1.24 billion. Sealed Air had a net margin of 4.08% and a negative return on equity of 104.71%. Sealed Air's quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 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, May 1st 2019. View Earnings Estimates for Sealed Air.

How can I listen to Sealed Air's earnings call?

Sealed Air will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8554725411.

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

Sealed Air updated its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $2.65-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.74. The company issued revenue guidance of approx $4.83 billion, compared to the consensus revenue estimate of $4.84 billion.Sealed Air also updated its FY 2019 guidance to $2.65-2.75 EPS.

What price target have analysts set for SEE?

12 brokerages have issued twelve-month price targets for Sealed Air's shares. Their forecasts range from $37.00 to $53.00. On average, they expect Sealed Air's share price to reach $44.4444 in the next year. This suggests that the stock has a possible downside of 2.3%. 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 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. 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)
  • 2. KeyCorp analysts commented, "We are increasing our 2019 adj. EBITDA estimate from $895 million to $933 million (guidance is $925 million-$945 million) and introducing a 2020 estimate of the same (consensus is $975 million). However, our 2019 free cash flow estimate is going from $375 million to $250 million (in line with guidance), and we are introducing a 2020 estimate of the same given continued high cash restructuring costs." (2/7/2019)

Has Sealed Air been receiving favorable news coverage?

Media coverage about SEE stock has trended somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sealed Air earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the near future.

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 NVIDIA (NVDA), General Electric (GE), Raytheon (RTN), Micron Technology (MU), Walt Disney (DIS), Schlumberger (SLB), Gilead Sciences (GILD), Netflix (NFLX), Boeing (BA) and salesforce.com (CRM).

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 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)

Who are Sealed Air's major shareholders?

Sealed Air's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (0.23%), Bell Asset Management Ltd (0.10%), Retirement Systems of Alabama (0.05%), Velanne Asset Management Ltd (0.04%), W.E. Donoghue & Co. LLC (0.04%) and Manning & Napier Group LLC (0.03%). Company insiders that own Sealed Air stock include Edward L Doheny II, Emile Z Chammas, Harry A Lawton III, 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 Manning & Napier Group LLC, PGGM Investments, Bell Asset Management Ltd, National Investment Services Inc. WI, Virtu Financial LLC, State of Alaska Department of Revenue, DNB Asset Management AS and Huntington National Bank. Company insiders that have sold Sealed Air company stock in the last year include Emile Z Chammas, Kenneth P Chrisman and William G Stiehl. View Insider Buying and Selling for Sealed Air.

Which major investors are buying Sealed Air stock?

SEE stock was purchased by a variety of institutional investors in the last quarter, including W.E. Donoghue & Co. LLC, Mercer Global Advisors Inc. ADV, Bfsg LLC, Jupiter Wealth Management LLC, First Citizens Bank & Trust Co., Velanne Asset Management Ltd and Gulf International Bank UK Ltd. 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, 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 $45.47.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $7.08 billion and generates $4.73 billion in revenue each year. The industrial products company earns $193.10 million in net income (profit) each year or $2.50 on an earnings per share basis. Sealed Air employs 15,500 workers across the globe.

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:  390 (Vote Outperform)
Underperform Votes:  524 (Vote Underperform)
Total Votes:  914
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 4/22/2019 by MarketBeat.com Staff

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