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

Sign in or create an account to add this stock to your watchlist.
$43.09 +0.27 (+0.63 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$42.82
Today's Range$42.55 - $43.19
52-Week Range$30.22 - $46.21
Volume2.37 million shs
Average Volume1.91 million shs
Market Capitalization$6.76 billion
P/E Ratio17.24
Dividend Yield1.49%
Beta1.13
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.

Receive SEE News and Ratings via Email

Sign-up to receive the latest news and ratings for SEE and its competitors with MarketBeat's FREE daily newsletter.

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$2.7118 per share
Book Value($2.22) per share

Profitability

Net Income$193.10 million

Miscellaneous

Employees15,000
Market Cap$6.76 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 declared a quarterly dividend on Friday, February 15th. Investors 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 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Thursday, March 7th. View Sealed Air's Dividend History.

How will Sealed Air's stock buyback program work?

Sealed Air declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 3rd 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 13.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) announced 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 analysts' expectations of $1.24 billion. Sealed Air had a negative return on equity of 104.71% and a net margin of 4.08%. The company's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 EPS. 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 updated its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $2.65-2.75 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued twelve-month 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 twelve months. This suggests a possible upside of 1.6% from the stock's current price. 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?

Media coverage about SEE stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sealed Air earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company'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 NVIDIA (NVDA), General Electric (GE), Raytheon (RTN), Walt Disney (DIS), Schlumberger (SLB), Micron Technology (MU), Pfizer (PFE), Intel (INTC), QUALCOMM (QCOM) and Alibaba Group (BABA).

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 & Controller (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 and Controller (Age 38)

Who are Sealed Air's major shareholders?

Sealed Air's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 Northern Trust Corp (1.31%). 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 institutional 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 institutional investors are buying Sealed Air stock?

SEE stock was bought by a variety of institutional investors in the last quarter, including 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, Bank of New York Mellon Corp and Geode Capital Management LLC. 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 $43.09.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $6.76 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 15,000 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:  385 (Vote Outperform)
Underperform Votes:  520 (Vote Underperform)
Total Votes:  905
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 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel