About Sealed Air (NYSE:SEE)
Sealed 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.
Industry, Sector and Symbol
Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustryPaper Packaging
SectorIndustrial Products
SymbolNYSE:SEE
CUSIP81211K10
Phone980-221-3235
Debt
Debt-to-Equity Ratio21.21%
Current Ratio1.35%
Quick Ratio0.99%
Price-To-Earnings
Trailing P/E Ratio24.12
Forward P/E Ratio18.04
P/E Growth1.62
Sales & Book Value
Annual Sales$4.46 billion
Price / Sales1.64
Cash Flow$2.6978 per share
Price / Cash16.18
Book Value$0.84 per share
Price / Book51.96
Profitability
EPS (Most Recent Fiscal Year)$1.81
Net Income$814.90 million
Net Margins17.90%
Return on Equity74.28%
Return on Assets5.22%
Miscellaneous
Employees15,000
Outstanding Shares167,380,000
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 Wednesday, February 14th. Shareholders of record on Friday, March 2nd will be paid a dividend of $0.16 per share on Friday, March 16th. This represents a $0.64 annualized dividend and a yield of 1.47%. The ex-dividend date is Thursday, March 1st. View Sealed Air's Dividend History.
How will Sealed Air's stock buyback program work?
Sealed Air declared that its board has initiated a share buyback plan on Wednesday, April 12th 2017, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 17.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were Sealed Air's earnings last quarter?
Sealed Air (NYSE:SEE) posted its earnings results on Thursday, February, 8th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. The industrial products company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Sealed Air had a return on equity of 74.28% and a net margin of 17.90%. The business's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 earnings per share. View Sealed Air's Earnings History.
When is Sealed Air's next earnings date?
What guidance has Sealed Air issued on next quarter's earnings?
Sealed Air updated its FY18 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.49. The company issued revenue guidance of $4.75-4.80 billion, compared to the consensus revenue estimate of $4.65 billion.
What price target have analysts set for SEE?
13 brokers have issued twelve-month price objectives for Sealed Air's shares. Their predictions range from $44.00 to $59.00. On average, they anticipate Sealed Air's stock price to reach $50.1818 in the next year. 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, "Sealed Air is poised to benefit from the sale of the Diversey unit, which will help it enhance focus on Food Care and Product Care divisions. Further, focus on innovations and acquisitions will also drive growth. The company is winning new customers around the world given its innovative platforms. Sealed Air’s top line will also be supported by enhanced demand for core product portfolio and accelerated growth in the global protein market along with the e-Commerce sector. For 2018, Sealed Air projects net sales of approximately $4.75-$4.80 billion and adjusted earnings per share in the range of $2.35-$2.45, a 33% increase at the midpoint. In addition, the company plans to drive profitable growth by improving productivity with its Sealed Air Operational Excellence culture in 2018. " (4/24/2018)
- 2. KeyCorp analysts commented, "We’re ending up at the low end of the guided-to range given the fact that the guidance is back-half weighted; many things can happen between now and then. To that end, it appears likely that U.S. polyethylene (PE) prices will go up in February, even with the recent sharp move down in oil prices. We’re going to $890 million of EBITDA from $860 million previously, and we’re introducing a 2019 EBITDA estimate of $910 million. We are maintaining our 2018 free cash flow estimate of $400 million (guidance was in line with our previous estimate) and assuming $20 million of free cash flow growth in 2019, in line with our EBITDA growth assumption. The Company called out a $45 million payment in 1Q18 that will be a drag on its 2018 free cash flow, but at the same time noted that it’s excluding $30 million of restructuring cash payments from that guided-to ~$400 million." (2/9/2018)
Who are some of Sealed Air's key competitors?
Some companies that are related to Sealed Air include Roper Technologies (ROP), Murata Manufacturing (MRAAY), Sandvik (SDVKY), Parker Hannifin (PH), Stanley Black & Decker (SWK), Tenaris (TS), Rockwell Automation (ROK), Assa Abloy (ASAZY), Atlantia (ATL), Kubota (KUBTY), Ingersoll-Rand (IR), Ferguson (FERGY), BAE Systems (BA), Cintas (CTAS) and Rolls-Royce (RR).
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?
Press coverage about SEE stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sealed Air earned a coverage optimism score of 0.12 on Accern's scale. They also gave headlines about the industrial products company an impact score of 47.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $43.65.
How big of a company is Sealed Air?
Sealed Air has a market capitalization of $7.37 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 (SEE)
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.
Sealed Air (NYSE:SEE) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Sealed Air in the last 12 months. Their average twelve-month price target is $50.1818, suggesting that the stock has a possible upside of 14.96%. The high price target for SEE is $59.00 and the low price target for SEE is $44.00. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Buy | Buy | Buy |
| Consensus Rating Score: | 2.46 | 2.50 | 2.54 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $50.1818 | $50.1667 | $49.4545 | $48.1818 |
| Price Target Upside: | 14.96% upside | 20.51% upside | 1.13% upside | 9.16% upside |
Sealed Air (NYSE:SEE) Consensus Price Target History
Sealed Air (NYSE:SEE) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Sealed Air (NYSE:SEE) Dividend Information
Sealed Air pays an annual dividend of $0.64 per share, with a dividend yield of 1.47%. SEE's most recent quarterly dividend payment was Friday, March 16. The company has grown its dividend for the last 2 consecutive years and is increasing its dividend by an average of 7.20% each year. Sealed Air pays out 35.36% of its earnings out as a dividend.
| Most Recent Dividend: | 3/16/2018 |
| Annual Dividend: | $0.64 |
| Dividend Yield: | 1.47% |
| Dividend Growth: | 7.20% (3 Year Average) |
| Payout Ratio: | 35.36% (Trailing 12 Months of Earnings)
26.45% (Based on This Year's Estimates)
23.70% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Sealed Air (NYSE:SEE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/14/2018 | quarterly | $0.16 | 1.5055281110327% | 3/1/2018 | 3/2/2018 | 3/16/2018 |
| 10/5/2017 | quarterly | $0.16 | 1.45% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 7/7/2017 | quarterly | $0.16 | 1.4% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/18/2017 | quarterly | $0.16 | 1.47% | 5/31/2017 | 6/2/2017 | 6/16/2017 |
| 2/15/2017 | quarterly | $0.16 | 1.34% | 2/28/2017 | 3/3/2017 | 3/17/2017 |
| 10/6/2016 | quarterly | $0.16 | 1.44% | 11/30/2016 | 12/2/2016 | 12/16/2016 |
| 7/7/2016 | quarterly | $0.16 | 1.36% | 8/31/2016 | 9/2/2016 | 9/16/2016 |
| 3/21/2016 | quarterly | $0.16 | 1.32% | 6/1/2016 | 6/3/2016 | 6/17/2016 |
| 2/17/2016 | quarterly | $0.13 | 1.21% | 3/2/2016 | 3/4/2016 | 3/18/2016 |
| 10/8/2015 | quarterly | $0.13 | 1.06% | 12/2/2015 | 12/4/2015 | 12/18/2015 |
| 7/9/2015 | quarterly | $0.13 | 1.02% | 9/2/2015 | 9/4/2015 | 9/18/2015 |
| 5/14/2015 | quarterly | $0.13 | 1.06% | 6/3/2015 | 6/5/2015 | 6/19/2015 |
| 2/17/2015 | quarterly | $0.13 | 1.11% | 3/4/2015 | 3/6/2015 | 3/20/2015 |
| 10/17/2014 | quarterly | $0.13 | 1.6% | 12/3/2014 | 12/5/2014 | 12/19/2014 |
| 7/10/2014 | quarterly | $0.13 | 1.56% | 9/3/2014 | 9/5/2014 | 9/19/2014 |
| 5/22/2014 | quarterly | $0.13 | 1.59% | 6/4/2014 | 6/6/2014 | 6/20/2014 |
| 2/18/2014 | quarterly | $0.13 | 1.6% | 3/5/2014 | 3/7/2014 | 3/21/2014 |
| 10/10/2013 | quarterly | $0.13 | 1.9% | 12/4/2013 | 12/6/2013 | 12/20/2013 |
| 7/11/2013 | quarterly | $0.13 | 1.89% | 9/4/2013 | 9/6/2013 | 9/20/2013 |
| 4/15/2013 | quarterly | $0.13 | 2.42% | 6/5/2013 | 6/7/2013 | 6/21/2013 |
| 2/15/2013 | quarterly | $0.13 | 2.68% | 2/27/2013 | 3/1/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Sealed Air (NYSE SEE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.63%
Institutional Ownership Percentage: 98.55%
Sealed Air (NYSE SEE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/15/2017 | William G Stiehl | CFO | Sell | 3,000 | $48.98 | $146,940.00 | 34,797 |  |
| 11/20/2017 | Emile Z Chammas | SVP | Sell | 6,000 | $45.24 | $271,440.00 | 142,077 | |
| 9/18/2017 | Lawrence R Codey | Director | Sell | 3,500 | $42.91 | $150,185.00 | 38,180 | |
| 5/19/2017 | William G Stiehl | CAO | Sell | 3,000 | $43.43 | $130,290.00 | 37,797 | |
| 5/16/2017 | Emile Z Chammas | Insider | Buy | 3,000 | $43.09 | $129,270.00 | 148,077 | |
| 5/12/2017 | Jerome A Peribere | Insider | Buy | 6,960 | $42.97 | $299,071.20 | 199,000 | |
| 8/9/2016 | Lawrence R Codey | Director | Sell | 200 | $46.50 | $9,300.00 | 41,980 | |
| 2/22/2016 | Ruth Roper | VP | Sell | 18,000 | $44.08 | $793,440.00 | 134,329 | |
| 12/10/2015 | Kenneth P Manning | Director | Buy | 4,000 | $43.61 | $174,440.00 | 130,074 | |
| 11/3/2015 | Kenneth P Manning | Director | Buy | 3,000 | $47.61 | $142,830.00 | 126,074 | |
| 8/19/2015 | Kenneth P Manning | Director | Buy | 3,000 | $54.00 | $162,000.00 | | |
| 6/17/2015 | William J Marino | Director | Buy | 3,213 | $49.76 | $159,878.88 | | |
| 6/9/2015 | Karl R Deily | VP | Sell | 19,850 | $49.57 | $983,964.50 | | |
| 3/11/2015 | Ruth Roper | VP | Sell | 4,916 | $45.18 | $222,104.88 | | |
| 3/4/2015 | Ruth Roper | VP | Sell | 14,622 | $46.00 | $672,612.00 | | |
| 11/19/2014 | Jerome A Peribere | CEO | Buy | 13,096 | $38.17 | $499,874.32 | | |
| 11/12/2014 | Kenneth P Manning | Director | Buy | 5,000 | $38.29 | $191,450.00 | | |
| 8/27/2014 | Emile Z Chammas | SVP | Sell | 20,000 | $35.95 | $719,000.00 | | |
| 8/13/2014 | Kenneth P Manning | Director | Buy | 5,000 | $33.39 | $166,950.00 | | |
| 12/12/2013 | Ruth Roper | VP | Sell | 4,000 | $31.40 | $125,600.00 | 134,703 | |
| 9/11/2013 | Tod S Christie | Treasurer | Sell | 10,000 | $30.09 | $300,900.00 | | |
| 8/15/2013 | Ruth Roper | VP | Sell | 20,000 | $29.75 | $595,000.00 | 138,703 | |
| 5/15/2013 | Jean-Marie Demeautis | VP | Sell | 57,730 | $23.10 | $1,333,563.00 | | |
| 5/13/2013 | Philip H Jr. Cook | VP | Sell | 1,500 | $23.00 | $34,500.00 | | |
| 11/27/2012 | Kenneth P Manning | Director | Buy | 5,000 | $17.00 | $85,000.00 | | |
(Data available from 1/1/2013 forward)
Sealed Air (NYSE SEE) News Headlines
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Sealed Air (NYSE:SEE) SEC Filings
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Sealed Air (NYSE:SEE) Income Statement, Balance Sheet and Cash Flow Statement
Sealed Air (NYSE SEE) Stock Chart for Wednesday, April, 25, 2018
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