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.
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Industry, Sector and Symbol
Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustryPaper Packaging
SectorIndustrial Products
Phone980-221-3235
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.79 billion
Profitability
Miscellaneous
Employees15,500
Next Earnings Date5/6/2020 (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 Thursday, February 13th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.16 per share on Friday, March 20th. This represents a $0.64 annualized dividend and a yield of 1.85%. 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 declared that its board has authorized a stock buyback 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 repurchase up to 13.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Sealed Air's earnings last quarter?
Sealed Air Corp (NYSE:SEE) issued its quarterly earnings data on Tuesday, February, 11th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.74 by $0.04. The industrial products company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. Sealed Air had a net margin of 5.49% and a negative return on equity of 155.41%. The business's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 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 updated its FY20 earnings guidance on Tuesday, February, 11th. The company provided EPS guidance of $2.85-2.95 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 12-month price targets for Sealed Air's shares. Their forecasts range from $36.00 to $51.00. On average, they expect Sealed Air's share price to reach $42.86 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for Sealed Air.
What is the consensus analysts' recommendation for 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.
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?
News headlines about SEE stock have trended very positive on Tuesday, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sealed Air earned a news sentiment score of 3.8 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Sealed Air.
Who are some of Sealed Air's key competitors?
Some companies that are related to Sealed Air include Komatsu (KMTUY), BAE Systems (BA), Kubota (KUBTY), ASHTEAD GRP PLC/ADR (ASHTY), Dover (DOV), W W Grainger (GWW), Amcor (AMCR), Xylem (XYL), James Hardie Industries (JHX), BRAMBLES LTD/S (BXBLY), IDEX (IEX), Rolls-Royce (RR), Amcor Limited ADS (AMCRY), Allegion (ALLE) and Zebra Technologies (ZBRA).
What other stocks do shareholders of Sealed Air own?
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 many different of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (5.31%), State Street Corp (4.45%), Marshall Wace North America L.P. (4.25%), Nitorum Capital L.P. (1.80%), Alliancebernstein L.P. (1.54%) and Victory Capital Management Inc. (1.20%). 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, Kenneth P Chrisman, 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 Goldman Sachs Group Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Bank of America Corp DE, Janus Henderson Group PLC, Robeco Institutional Asset Management B.V., State Street Corp and AJO LP. View Insider Buying and Selling for Sealed Air.
Which institutional investors are buying Sealed Air stock?
SEE stock was purchased by a variety of institutional investors in the last quarter, including Credit Suisse AG, Victory Capital Management Inc., Victory Capital Management Inc., Prudential Financial Inc., AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., ArrowMark Colorado Holdings LLC and Hawk Ridge Capital Management LP. 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 and Patrick Duff. 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, Robinhood, Fidelity and Charles Schwab.
What is Sealed Air's stock price today?
One share of SEE stock can currently be purchased for approximately $34.67.
How big of a company is Sealed Air?
Sealed Air has a market capitalization of $5.36 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 15,500 workers across the globe.View Additional Information About Sealed Air.
What is Sealed Air's official website?
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)
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.
