Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company's segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses). The Food Care segment focuses on providing a range of integrated system solutions. The Food Care business serves primarily perishable food and beverage processors, predominately in fresh red meat, smoked and processed meats, beverages, poultry and dairy (solids and liquids) markets throughout the world. The Diversey Care segment integrates cleaning chemicals, floor care machines, cleaning tools and equipment, and a range of services, including application and employee training, auditing of hygiene and appearance, and water and energy management. The Product Care segment provides customers with a range of Product Care solutions to meet cushioning, void fill, surface protection, retail display, containment and dunnage needs.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Non-Paper Containers & Packaging - NEC
- Sub-Industry: Paper Packaging
- Symbol: NYSE:SEE
- CUSIP: 81211K10
- Web: www.sealedair.com
- Market Cap: $8.65 billion
- Outstanding Shares: 190,031,000
- 50 Day Moving Avg: $44.91
- 200 Day Moving Avg: $44.96
- 52 Week Range: $41.74 - $50.62
Sales & Book Value:
- Trailing P/E Ratio: 23.46
- Foreward P/E Ratio: 18.35
- P/E Growth: 1.28
- Annual Revenue: $6.84 billion
- Price / Sales: 1.26
- Book Value: $1.79 per share
- Price / Book: 25.42
- Annual Dividend: $0.64
- Dividend Yield: 1.4%
- EBIDTA: $1.07 billion
- Net Margins: 2.66%
- Return on Equity: 23.96%
- Return on Assets: 1.52%
- Debt-to-Equity Ratio: 11.16%
- Current Ratio: 1.45%
- Quick Ratio: 1.28%
- Average Volume: 1.97 million shs.
- Beta: 1.16
- Short Ratio: 4.08
Frequently Asked Questions for Sealed Air Corp (NYSE:SEE)
What is Sealed Air Corp's stock symbol?
Sealed Air Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEE."
How often does Sealed Air Corp pay dividends? What is the dividend yield for Sealed Air Corp?
Sealed Air Corp announced a quarterly dividend on Friday, July 7th. Investors of record on Friday, September 1st will be paid a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, August 30th. View Sealed Air Corp's Dividend History.
How will Sealed Air Corp's stock buyback program work?
Sealed Air Corp announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, April 12th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 17.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were Sealed Air Corp's earnings last quarter?
Sealed Air Corp (NYSE:SEE) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.35 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.06 billion. Sealed Air Corp had a net margin of 2.66% and a return on equity of 23.96%. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $0.65 EPS. View Sealed Air Corp's Earnings History.
When will Sealed Air Corp make its next earnings announcement?
What guidance has Sealed Air Corp issued on next quarter's earnings?
Sealed Air Corp issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $1.75-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.79. The company issued revenue guidance of $4.3 billion, compared to the consensus revenue estimate of $4.33 billion.
Where is Sealed Air Corp's stock going? Where will Sealed Air Corp's stock price be in 2017?
10 brokers have issued 12-month target prices for Sealed Air Corp's stock. Their predictions range from $43.00 to $55.00. On average, they expect Sealed Air Corp's stock price to reach $49.00 in the next year. View Analyst Ratings for Sealed Air Corp.
What are analysts saying about Sealed Air Corp stock?
Here are some recent quotes from research analysts about Sealed Air Corp stock:
- 1. According to Zacks Investment Research, "For 2017, Sealed Air expects sales of $4.3 billion reflecting an expected 3% constant dollar sales growth in Food Care and 3–4% constant dollar sales growth in Product Care. In 2017, volume growth will be partially offset by higher raw material costs, a higher mix of eCommerce and fulfillment sales, along with the impact of functional support and related expenses, EPS is likely to be around $1.70 per share for 2017 due to the dilutive impact of the Diversey sale. Further, the company’s shares have underperformed the Zacks categorized sub industry year to date. However, Sealed Air’s top-line will be supported by enhanced demand for its core product portfolio, recently-introduced innovations, and accelerated growth in the global protein market along with the eCommerce sector. It will also benefit from the divestiture of its Diversey business. Its estimates have gone up in the past few days." (7/19/2017)
- 2. KeyCorp analysts commented, "We are reducing our 1Q17 adj. EBITDA estimate from $249 million to $245 million (up 1% YOY) and our 2017 estimate from $1.175 billion to $1.173 billion (guidance is ~$1.18 billion). Industrial market weakness plagued SEE throughout 2016, and the global market doesn’t appear to be improving so far in 2017, at least according to SEE. In addition, SEE is dealing with FX translation drags, the short-term impact of the pending expiration of its agreement with SC Johnson, and higher resin prices. Consequently, the Company commented yesterday that its adj. EBITDA could be flat in 1Q17, and we are reducing our estimate accordingly." (2/24/2017)
Who are some of Sealed Air Corp's key competitors?
Who are Sealed Air Corp's key executives?
Sealed Air Corp's management team includes the folowing people:
- William J. Marino, Independent Chairman of the Board
- Jerome A. Peribere, President, Chief Executive Officer, Director
- Carol P. Lowe, Chief Financial Officer, Senior Vice President
- Emile Z. Chammas, Senior Vice President
- Karl R. Deily, Senior Vice President
- Ilham Kadri, Senior Vice President
- William G. Stiehl, Chief Accounting Officer, Controller
- Kenneth P. Chrisman, Vice President
- Michael Chu, Independent Director
- Lawrence R. Codey, Independent Director
Who owns Sealed Air Corp stock?
Sealed Air Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.22%), BlackRock Inc. (6.32%), Janus Henderson Group PLC (5.58%), State Street Corp (4.41%), Iridian Asset Management LLC CT (3.86%) and Ameriprise Financial Inc. (2.35%). Company insiders that own Sealed Air Corp stock include Emile Z Chammas, Jerome A Peribere, Kenneth P Manning, Lawrence R Codey, Ruth Roper and William G Stiehl. View Institutional Ownership Trends for Sealed Air Corp.
Who sold Sealed Air Corp stock? Who is selling Sealed Air Corp stock?
Sealed Air Corp's stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., JPMorgan Chase & Co., Pioneer Investment Management Inc., BW Gestao de Investimentos Ltda., State Street Corp, Artisan Partners Limited Partnership, Clinton Group Inc. and OxFORD Asset Management LLP. View Insider Buying and Selling for Sealed Air Corp.
Who bought Sealed Air Corp stock? Who is buying Sealed Air Corp stock?
Sealed Air Corp's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Ameriprise Financial Inc., Wells Fargo & Company MN, Manning & Napier Advisors LLC, Jennison Associates LLC, Eaton Vance Management, Neuberger Berman Group LLC and Balyasny Asset Management LLC. Company insiders that have bought Sealed Air Corp stock in the last two years include Emile Z Chammas, Jerome A Peribere and Kenneth P Manning. View Insider Buying and Selling for Sealed Air Corp.
How do I buy Sealed Air Corp stock?
Shares of Sealed Air Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sealed Air Corp's stock price today?
MarketBeat Community Rating for Sealed Air Corp (NYSE SEE)MarketBeat's community ratings are surveys of what our community members think about Sealed Air Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Sealed Air Corp stock can currently be purchased for approximately $45.50.
Consensus Ratings for Sealed Air Corp (NYSE:SEE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$49.00 (7.69% upside)|
Analysts' Ratings History for Sealed Air Corp (NYSE:SEE)
(Data available from 8/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/11/2017||Jefferies Group LLC||Reiterated Rating||Hold||$44.00||Low|
|7/20/2017||BMO Capital Markets||Reiterated Rating||Hold||$47.00||Medium|
|6/13/2017||Robert W. Baird||Reiterated Rating||Outperform||$55.00||Low|
|6/13/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$44.00||Medium|
|5/11/2017||Credit Suisse Group||Set Price Target||Buy||$50.00||Low|
|5/9/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$43.00||High|
|4/4/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Conviction-Buy -> Buy||$53.00 -> $50.00||Low|
|10/17/2016||Citigroup Inc.||Reiterated Rating||Buy||$55.00||N/A|
|9/13/2016||J P Morgan Chase & Co||Initiated Coverage||Neutral||$53.00||N/A|
|7/12/2016||SunTrust Banks, Inc.||Initiated Coverage||Buy||$54.00||N/A|
|1/13/2016||Vertical Research||Upgrade||Hold -> Buy||N/A|
|1/8/2016||Barclays PLC||Upgrade||Equal Weight -> Overweight||$51.00||N/A|
|11/9/2015||Macquarie||Downgrade||Outperform -> Neutral||N/A|
Earnings History for Sealed Air Corp (NYSE:SEE)Earnings History by Quarter for Sealed Air Corp (NYSE SEE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||$0.36||$0.35||$1.06 billion||$1.07 billion||View||Listen|
|5/9/2017||Q1 2017||$0.46||$0.43||$1.58 billion||$1.03 billion||View||Listen|
|2/9/2017||Q416||$0.74||$0.76||$1.79 billion||$1.70 billion||View||Listen|
|10/27/2016||Q316||$0.69||$0.71||$1.09 billion||$1.70 billion||View||Listen|
|7/28/2016||Q216||$0.64||$0.65||$1.74 billion||$1.70 billion||View||Listen|
|4/28/2016||Q116||$0.48||$0.50||$1.60 billion||$1.60 billion||View||Listen|
|2/10/2016||Q415||$0.50||$0.76||$1.78 billion||$1.75 billion||View||Listen|
|10/27/2015||Q315||$0.57||$0.70||$1.76 billion||$1.75 billion||View||Listen|
|7/30/2015||Q215||$0.53||$0.60||$1.76 billion||$1.80 billion||View||Listen|
|4/30/2015||Q115||$0.42||$0.54||$1.73 billion||$1.70 billion||View||Listen|
|2/10/2015||Q414||$0.47||$0.59||$1.98 billion||$2.00 billion||View||Listen|
|10/29/2014||Q314||$0.46||$0.52||$1.94 billion||$1.98 billion||View||Listen|
|7/30/2014||Q214||$0.39||$0.42||$1.95 billion||$2.00 billion||View||Listen|
|4/30/2014||Q114||$0.24||$0.33||$1.84 billion||$1.80 billion||View||Listen|
|2/6/2014||Q413||$0.37||$0.34||$2.00 billion||$2.00 billion||View||Listen|
|10/30/2013||Q313||$0.34||$0.39||$1.96 billion||$1.90 billion||View||Listen|
|8/2/2013||Q2 2013||$0.25||$0.35||$1.97 billion||$2.00 billion||View||Listen|
|5/1/2013||Q1 2013||$0.18||$0.24||$1.86 billion||$1.90 billion||View||Listen|
|2/19/2013||Q4 2012||$0.29||$0.34||$1.95 billion||$1.98 billion||View||Listen|
|11/2/2012||Q312||$0.31||$0.28||$1.97 billion||$1.90 billion||View||N/A|
Earnings Estimates for Sealed Air Corp (NYSE:SEE)
2017 EPS Consensus Estimate: $2.03
2018 EPS Consensus Estimate: $2.37
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Sealed Air Corp (NYSE:SEE)
|Dividend Growth:||5.50% (3 Year Average)|
|Payout Ratio:||33.16% (Trailing 12 Months of Earnings) |
35.16% (Based on This Year's Estimates)
25.81% (Based on Next Year's Estimates)
Dividend History by Quarter for Sealed Air Corp (NYSE SEE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Sealed Air Corp (NYSE:SEE)
Insider Ownership Percentage: 0.86%Insider Trades by Quarter for Sealed Air Corp (NYSE:SEE)
Institutional Ownership Percentage: 90.70%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/19/2017||William G Stiehl||CAO||Sell||3,000||$43.43||$130,290.00|| |
|5/16/2017||Emile Z Chammas||Insider||Buy||3,000||$43.09||$129,270.00|| |
|5/12/2017||Jerome A Peribere||Insider||Buy||6,960||$42.97||$299,071.20|| |
|8/9/2016||Lawrence R Codey||Director||Sell||200||$46.50||$9,300.00|| |
|2/22/2016||Ruth Roper||VP||Sell||18,000||$44.08||$793,440.00|| |
|12/10/2015||Kenneth P Manning||Director||Buy||4,000||$43.61||$174,440.00|| |
|11/3/2015||Kenneth P Manning||Director||Buy||3,000||$47.61||$142,830.00|| |
|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|| |
|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|| |
|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|| |
Headline Trends for Sealed Air Corp (NYSE:SEE)
Latest Headlines for Sealed Air Corp (NYSE:SEE)
Sealed Air Corp (SEE) Chart for Wednesday, August, 23, 2017