NYSE:SEESealed Air Stock Price, Forecast & News

$28.28

+1.21 (+4.47 %)

(As of 04/8/2020 03:17 PM ET)

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Today's Range

$26.95

Now: $28.28▼

$28.36

50-Day Range

$17.55

MA: $27.75▼

$35.10

52-Week Range

$17.06

Now: $28.28▼

$47.13

Volume538,742 shs

Average Volume1.63 million shs

Market Capitalization$4.37 billion

P/E Ratio16.73

Dividend Yield2.47%

Beta1.08

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.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
Sealed Air has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.29, Sealed Air has a potential upside of 43.2% from its current price of $28.14.
Amount of Analyst Coverage
Sealed Air has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Sealed Air has received 429 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sealed Air has received 583 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sealed Air has received 57.61% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Sealed Air is a leading dividend payer. It pays a dividend yield of 2.47%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Sealed Air does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sealed Air is 22.70 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sealed Air will have a dividend payout ratio of 20.92 % next year. This indicates that Sealed Air will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sealed Air insiders have bought 222.72% more of their company's stock than they have sold. Specifically, they have bought $1,472,070.00 in company stock and sold $456,142.00 in company stock.
Percentage Held by Insiders
Only 0.53% of the stock of Sealed Air is held by insiders.
Percentage Held by Institutions
93.38% of the stock of Sealed Air is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Sealed Air are expected to grow by 6.99% in the coming year, from $2.86 to $3.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sealed Air is 16.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sealed Air is 16.65, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 46.43.
Price to Earnings Growth Ratio
Sealed Air has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.97 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic

Sub-IndustryPaper Packaging

SectorIndustrial Products

Current SymbolNYSE:SEE

Previous Symbol

CUSIP81211K10

CIK1012100

Webhttp://www.sealedair.com/

Phone980-221-3235

Debt

Debt-to-Equity RatioN/A

Current Ratio1.09

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio16.73

Forward P/E Ratio9.89

P/E Growth1.53

Sales & Book Value

Annual Sales$4.79 billion

Price / Sales0.91

Cash Flow$4.43 per share

Price / Cash Flow6.38

Book Value($1.27) per share

Price / Book-22.27

Profitability

EPS (Most Recent Fiscal Year)$2.82

Net Income$263 million

Net Margins5.49%

Return on Equity-155.41%

Return on Assets8.08%

Miscellaneous

Employees16,500

Outstanding Shares154,671,000

Market Cap$4.37 billion

Next Earnings Date5/6/2020 (Estimated)

OptionableOptionable

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Sealed Air (NYSE:SEE) Frequently Asked Questions

How has Sealed Air's stock been impacted by COVID-19 (Coronavirus)?

Sealed Air's stock was trading at $26.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SEE shares have increased by 5.4% and is now trading at $28.14. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sealed Air?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sealed Air in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sealed Air.

When is Sealed Air's next earnings date?

Sealed Air is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Sealed Air.

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) released its quarterly earnings results on Tuesday, February, 11th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. The industrial products company earned $1.30 billion during the quarter, compared to analysts' expectations of $1.30 billion. Sealed Air had a negative return on equity of 155.41% and a net margin of 5.49%. Sealed Air's revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. View Sealed Air's earnings history.

How often does Sealed Air pay dividends? What is the dividend yield for Sealed Air?

Sealed Air announced a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, March 6th will be given a dividend of $0.16 per share on Friday, March 20th. This represents a $0.64 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Thursday, March 5th. View Sealed Air's dividend history.

How will Sealed Air's stock buyback program work?

Sealed Air announced that its Board of Directors has initiated a share repurchase program on Thursday, May 3rd 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 13.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

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

Sealed Air updated its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of $2.85-2.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.02. The company issued revenue guidance of $4.9-4.95 billion, compared to the consensus revenue estimate of $5.01 billion.

What price target have analysts set for SEE?

7 brokerages have issued 1-year price targets for Sealed Air's stock. Their forecasts range from $26.00 to $51.00. On average, they anticipate Sealed Air's stock price to reach $40.29 in the next year. This suggests a possible upside of 43.2% from the stock's current price. View analysts' price targets 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. KeyCorp analysts commented, "Weak cash flow conversion combined with a levered balance sheet (4.0x) is a suboptimal combination." (8/2/2019)
2. 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)

Has Sealed Air been receiving favorable news coverage?

Press coverage about SEE stock has been trending very negative on Wednesday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sealed Air earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSealed Air.

Are investors shorting Sealed Air?

Sealed Air saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 4,264,000 shares, a decline of 14.4% from the February 27th total of 4,980,000 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.8% of the company's shares are short sold. View Sealed Air's Current Options Chain.

Who are some of Sealed Air's key competitors?

Some companies that are related to Sealed Air include Stanley Black & Decker (SWK), Kubota (KUBTY), Ferguson (FERGY), W W Grainger (GWW), Amcor (AMCR), Dover (DOV), BRAMBLES LTD/S (BXBLY), NortonLifeLock (NLOK), Techtronic Industries (TTNDY), Xylem (XYL), IDEX (IEX), Zebra Technologies (ZBRA), ASHTEAD GRP PLC/ADR (ASHTY), Halma (HLMAF) and James Hardie Industries (JHX).

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 Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), Intel (INTC), Boeing (BA), Merck & Co., Inc. (MRK), Netflix (NFLX), Starbucks (SBUX), General Electric (GE) and Home Depot (HD).

Who are Sealed Air's key executives?

Sealed Air's management team includes the following 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)

What is Sealed Air's stock symbol?

Sealed Air trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEE."

Who are Sealed Air's major shareholders?

Sealed Air's stock is owned by a number of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%) and Cacti Asset Management LLC (0.01%). Company insiders that own Sealed Air stock include Edward L Doheny II, Emile Z Chammas, Harry A Lawton III, Henry R Keizer, James M Sullivan, Jerry R Whitaker, Karl R Deily, Kenneth P Chrisman, Neil Lustig, Patrick Duff and William G Stiehl. View institutional ownership trends for Sealed Air.

Which institutional investors are selling Sealed Air stock?

SEE stock was sold by a variety of institutional investors in the last quarter, including Cacti Asset Management LLC. View insider buying and selling activity for Sealed Air.

Which institutional investors are buying Sealed Air stock?

SEE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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, James M Sullivan, Jerry R Whitaker, Neil Lustig, and Patrick Duff. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sealed Air's stock price today?

One share of SEE stock can currently be purchased for approximately $28.14.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $4.35 billion and generates $4.79 billion in revenue each year. The industrial products company earns $263 million in net income (profit) each year or $2.82 on an earnings per share basis. Sealed Air employs 16,500 workers across the globe. View additional information about Sealed Air.

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]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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NYSE:SEESealed Air Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.1 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

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