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 Ratio-8.90
Current Ratio1.17
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio24.06
Forward P/E Ratio17.28
P/E Growth1.86
Sales & Book Value
Annual Sales$4.46 billion
Price / Sales1.57
Cash Flow$2.7321 per share
Price / Cash15.94
Book Value$0.84 per share
Price / Book51.85
Profitability
EPS (Most Recent Fiscal Year)$1.81
Net Income$814.90 million
Net Margins14.06%
Return on Equity154.85%
Return on Assets5.75%
Miscellaneous
Employees15,000
Outstanding Shares161,160,000
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 Thursday, May 17th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.16 per share on Friday, June 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, May 31st. View Sealed Air's Dividend History.
How will Sealed Air's stock buyback program work?
Sealed Air declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 3rd 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy 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 results on Thursday, May, 3rd. The industrial products company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.01. The industrial products company earned $1.13 billion during the quarter, compared to analysts' expectations of $1.13 billion. Sealed Air had a return on equity of 154.85% and a net margin of 14.06%. Sealed Air's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 EPS. 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 issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $2.45-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.47. The company issued revenue guidance of $4.75-4.80 billion, compared to the consensus revenue estimate of $4.76 billion.
What price target have analysts set for SEE?
12 brokers have issued 1 year price objectives for Sealed Air's shares. Their predictions range from $47.00 to $55.00. On average, they expect Sealed Air's stock price to reach $50.70 in the next twelve months. View Analyst Ratings for Sealed Air.
Who are some of Sealed Air's key competitors?
Some companies that are related to Sealed Air include Komatsu (KMTUY), Ingersoll-Rand (IR), ASSA ABLOY AB/S (ASAZY), SANDVIK AB/ADR (SDVKY), Rockwell Automation (ROK), Atlantia (ATL), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Tenaris (TS), Cintas (CTAS), Kubota (KUBTY), Ferguson (FERGY), Ferguson (FERGD), BAE Systems (BA) and W W Grainger (GWW).
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 stories about SEE stock have been trending somewhat positive on Sunday, according to Accern. The research group 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 positive one, with scores closest to one being the most favorable. Sealed Air earned a media sentiment score of 0.07 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 46.21 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Sealed Air's major shareholders?
Sealed Air's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.86%), Neuberger Berman Group LLC (1.59%), Manning & Napier Group LLC (1.50%), Northern Trust Corp (1.49%), Massachusetts Financial Services Co. MA (1.35%) and Eaton Vance Management (1.12%). Company insiders that own Sealed Air stock include Emile Z Chammas, Jerome A Peribere, 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 Amundi Pioneer Asset Management Inc., Eaton Vance Management, Loomis Sayles & Co. L P, Lord Abbett & CO. LLC, BlackRock Inc., Swiss National Bank, JPMorgan Chase & Co. and Neuberger Berman Group LLC. 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 BNP Paribas Arbitrage SA, Ceredex Value Advisors LLC, O Shaughnessy Asset Management LLC, OppenheimerFunds Inc., Massachusetts Financial Services Co. MA, UBS Group AG, SG Americas Securities LLC and Manning & Napier Group LLC. Company insiders that have bought Sealed Air stock in the last two years include Emile Z Chammas and Jerome A Peribere. 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 $43.55.
How big of a company is Sealed Air?
Sealed Air has a market capitalization of $7.00 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.
