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

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$45.04 -0.65 (-1.42 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$45.69
Today's Range$44.87 - $45.60
52-Week Range$30.22 - $46.21
Volume952,200 shs
Average Volume1.61 million shs
Market Capitalization$7.01 billion
P/E Ratio18.20
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$3.3412 per share
Book Value($2.22) per share

Profitability

Net Income$193.10 million

Miscellaneous

Employees15,500
Market Cap$7.01 billion
Next Earnings Date5/2/2019 (Estimated)
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 announced 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 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, March 7th. 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 repurchase plan on Thursday, May 3rd 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 13.7% of its stock through open market purchases. Stock buyback 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, February, 7th. The industrial products company reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.08. The industrial products company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.24 billion. Sealed Air had a net margin of 4.08% and a negative return on equity of 104.71%. The firm's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 earnings per share. 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 Thursday, May 2nd 2019. View Earnings Estimates for Sealed Air.

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

Sealed Air issued an update on its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share 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 analysts have issued 1-year price targets for Sealed Air's stock. Their forecasts range from $37.00 to $53.00. On average, they expect Sealed Air's stock price to reach $43.7778 in the next year. This suggests that the stock has a possible downside of 2.8%. 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. Sealed Air recently announced a reformation plan, Reinvent SEE Strategy, to drive growth and earnings. The strategy is focused on innovations, SG&A productivity, product-cost efficiency, channel optimization and customer-service enhancements. Enhanced demand for its core product portfolio, recently-introduced innovations, strong fresh food markets and e-commerce sector positions the company well for improved results. The company has outperfomed the industry over the past six months. Total cash restructuring payments and costs associated with both the restructuring programs are $225-$255 million for the period. Also raw material cost inflation, unfavorable currency impact and weakness in  the United Kingdom and China remain concerns. " (2/18/2019)
  • 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?

News articles about SEE stock have trended neutral on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sealed Air earned a news sentiment score of 0.5 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

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

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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.76%), Impax Asset Management Group plc (2.13%), Bank of New York Mellon Corp (2.05%), Manning & Napier Group LLC (1.57%), Geode Capital Management LLC (1.35%) and Geode Capital Management LLC (1.36%). 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 D. E. Shaw & Co. Inc., Amundi Pioneer Asset Management Inc., Canada Pension Plan Investment Board, Bank of America Corp DE, Trillium Asset Management LLC, QS Investors LLC, Bank of Montreal Can and LS Investment Advisors LLC. 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Arrowgrass Capital Partners US LP, One Fin Capital Management LP, Los Angeles Capital Management & Equity Research Inc., Impax Asset Management Group plc, PGGM Investments and Bank of New York Mellon Corp. 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 $45.04.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $7.01 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:  387 (Vote Outperform)
Underperform Votes:  522 (Vote Underperform)
Total Votes:  909
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 3/23/2019 by MarketBeat.com Staff

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