Sealed Air Corporation Company Profile (NYSE:SEE)

About Sealed Air Corporation (NYSE:SEE)

Sealed Air Corporation logoSealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company's segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. 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 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: Industrial Products
  • Industry: Non-Paper Containers & Packaging
  • Sub-Industry: Paper Packaging
  • Symbol: NYSE:SEE
  • CUSIP: 81211K10
  • Web: www.sealedair.com
Capitalization:
  • Market Cap: $8.5932 billion
  • Outstanding Shares: 190,031,000
Average Prices:
  • 50 Day Moving Avg: $43.56
  • 200 Day Moving Avg: $44.21
  • 52 Week Range: $41.22 - $50.62
P/E:
  • Trailing P/E Ratio: 23.37
  • Foreward P/E Ratio: 18.61
  • P/E Growth: 2.43
Sales & Book Value:
  • Annual Revenue: $6.84 billion
  • Price / Sales: 1.26
  • Book Value: $1.79 per share
  • Price / Book: 25.26
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: $1.07 billion
  • Net Margins: 6.81%
  • Return on Equity: 84.32%
  • Return on Assets: 5.88%
Debt:
  • Debt-to-Equity Ratio: 11.16%
  • Current Ratio: 1.45%
  • Quick Ratio: 1.28%
Misc:
  • Average Volume: 2.42 million shs.
  • Beta: 1.17
  • Short Ratio: 4.08
 

Frequently Asked Questions for Sealed Air Corporation (NYSE:SEE)

What is Sealed Air Corporation's stock symbol?

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

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

Sealed Air Corporation declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Friday, December 1st will be given a dividend of $0.16 per share on Friday, December 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, November 30th. View Sealed Air Corporation's Dividend History.

How will Sealed Air Corporation's stock buyback program work?

Sealed Air Corporation declared that its Board of Directors has authorized a share repurchase program on Wednesday, April 12th 2017, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 17.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Sealed Air Corporation's earnings last quarter?

Sealed Air Corporation (NYSE:SEE) issued its earnings results on Tuesday, August, 8th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.01. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. Sealed Air Corporation had a return on equity of 84.32% and a net margin of 6.81%. Sealed Air Corporation's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the company posted $0.65 earnings per share. View Sealed Air Corporation's Earnings History.

When will Sealed Air Corporation make its next earnings announcement?

Sealed Air Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Sealed Air Corporation.

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

Sealed Air Corporation updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $1.75-1.80 for the period, compared to the Thomson Reuters consensus 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 Corporation's stock going? Where will Sealed Air Corporation's stock price be in 2017?

11 equities research analysts have issued 12-month price targets for Sealed Air Corporation's stock. Their predictions range from $44.00 to $55.00. On average, they anticipate Sealed Air Corporation's share price to reach $48.10 in the next twelve months. View Analyst Ratings for Sealed Air Corporation.

What are analysts saying about Sealed Air Corporation stock?

Here are some recent quotes from research analysts about Sealed Air Corporation stock:

  • 1. According to Zacks Investment Research, "Sealed Air’s results in APAC will be impacted as the Australia /New Zealand region rebuilds cattle herds and ban on Brazil beef exports will impact Latin American volumes. The Diversey sale will be substantially dilutive to earnings as the company is now projecting earnings per share of $1.75 to $1.80 for 2017, down from the earlier guidance of $2.70 per share (pre-sale). Sealed Air generates around 33% of its total company sales from the European region. Sealed Air anticipates that the recent geopolitical events in Europe and the Middle East to have an effect on its business. Also, costs associated with various restructuring actions underway will strain margins. the company has a negative record of earnings surprise." (10/10/2017)
  • 2. KeyCorp analysts commented, "We are updating our estimates for Sealed Air (SEE) to account for recent resin price increases. Our 2017 adj. EBITDA estimate is going from $830M (guidance was/is $825M-$835M) to $818M, and our 2018 estimate is going from $860M to $848M (in other words, the same reduction as in 2017). Consensus is expecting a substantial $70M of EBITDA growth in 2018, which we don’t understand given recent (subdued) growth trends and given how high SEE’s margins already are; we are assuming $30M of growth on account of lower corporate costs. Key Investment Points On our reduced estimates, SEE is trading at ~12x our 2017/2018 adj. EBITDA estimates, higher than the packaging group average of 10-11x." (10/2/2017)

Are investors shorting Sealed Air Corporation?

Sealed Air Corporation saw a increase in short interest in September. As of September 15th, there was short interest totalling 12,267,406 shares, an increase of 104.2% from the August 31st total of 6,007,358 shares. Based on an average daily volume of 3,660,676 shares, the short-interest ratio is currently 3.4 days. Approximately 6.5% of the shares of the company are sold short.

Who are some of Sealed Air Corporation's key competitors?

Who are Sealed Air Corporation's key executives?

Sealed Air Corporation's management team includes the folowing people:

  • William J. Marino, Independent Chairman of the Board
  • Jerome A. Peribere, President, Chief Executive Officer, Director
  • Edward L. Doheny II, Chief Executive Officer, Chief Operating Officer, Director
  • Carol P. Lowe, Chief Financial Officer, Senior Vice President
  • Emile Z. Chammas, Senior Vice President
  • Karl R. Deily, 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 Corporation stock?

Sealed Air Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.29%), APG Asset Management N.V. (0.19%), LS Investment Advisors LLC (0.13%), PGGM Investments (0.06%), State Treasurer State of Michigan (0.03%) and Cacti Asset Management LLC (0.02%). Company insiders that own Sealed Air Corporation 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 Corporation.

Who sold Sealed Air Corporation stock? Who is selling Sealed Air Corporation stock?

Sealed Air Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., LS Investment Advisors LLC, State Treasurer State of Michigan, Cacti Asset Management LLC and BB&T Corp. Company insiders that have sold Sealed Air Corporation stock in the last year include Lawrence R Codey and William G Stiehl. View Insider Buying and Selling for Sealed Air Corporation.

Who bought Sealed Air Corporation stock? Who is buying Sealed Air Corporation stock?

Sealed Air Corporation's stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Robeco Institutional Asset Management B.V., Shell Asset Management Co. and Quantitative Systematic Strategies LLC. Company insiders that have bought Sealed Air Corporation 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 Corporation.

How do I buy Sealed Air Corporation stock?

Shares of Sealed Air Corporation 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 Corporation's stock price today?

One share of Sealed Air Corporation stock can currently be purchased for approximately $45.22.


MarketBeat Community Rating for Sealed Air Corporation (NYSE SEE)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  342 (Vote Underperform)
Total Votes:  594
MarketBeat's community ratings are surveys of what our community members think about Sealed Air Corporation 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.

Analyst Ratings

Consensus Ratings for Sealed Air Corporation (NYSE:SEE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $48.10 (6.37% upside)
Consensus Price Target History for Sealed Air Corporation (NYSE:SEE)
Price Target History for Sealed Air Corporation (NYSE:SEE)
Analysts' Ratings History for Sealed Air Corporation (NYSE:SEE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Bank of America CorporationSet Price TargetBuy$48.00 -> $50.00N/AView Rating Details
10/2/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/19/2017Barclays PLCReiterated RatingOverweight -> Equal Weight$45.00HighView Rating Details
9/14/2017Jefferies Group LLCReiterated RatingHold$44.00LowView Rating Details
9/13/2017Royal Bank Of CanadaReiterated RatingHold$45.00LowView Rating Details
9/10/2017SunTrust Banks, Inc.Set Price TargetBuy$48.00LowView Rating Details
9/7/2017Citigroup Inc.DowngradeBuy -> Neutral$52.00 -> $47.00HighView Rating Details
9/1/2017Robert W. BairdReiterated RatingBuy$55.00MediumView Rating Details
8/27/2017BMO Capital MarketsReiterated RatingHold$47.00MediumView Rating Details
5/11/2017Credit Suisse GroupSet Price TargetBuy$50.00LowView Rating Details
4/4/2017Goldman Sachs Group, Inc. (The)DowngradeConviction-Buy -> Buy$53.00 -> $50.00LowView Rating Details
9/13/2016J P Morgan Chase & CoInitiated CoverageNeutral$53.00N/AView Rating Details
1/13/2016Vertical ResearchUpgradeHold -> BuyN/AView Rating Details
11/9/2015MacquarieDowngradeOutperform -> NeutralN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Sealed Air Corporation (NYSE:SEE)
Earnings by Quarter for Sealed Air Corporation (NYSE:SEE)
Earnings History by Quarter for Sealed Air Corporation (NYSE SEE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.47N/AView Earnings Details
8/8/2017Q2 2017$0.36$0.35$1.06 billion$1.07 billionViewListenView Earnings Details
5/9/2017Q1 2017$0.46$0.43$1.58 billion$1.03 billionViewListenView Earnings Details
2/9/2017Q416$0.74$0.76$1.79 billion$1.70 billionViewListenView Earnings Details
10/27/2016Q316$0.69$0.71$1.09 billion$1.70 billionViewListenView Earnings Details
7/28/2016Q216$0.64$0.65$1.74 billion$1.70 billionViewListenView Earnings Details
4/28/2016Q116$0.48$0.50$1.60 billion$1.60 billionViewListenView Earnings Details
2/10/2016Q415$0.50$0.76$1.78 billion$1.75 billionViewListenView Earnings Details
10/27/2015Q315$0.57$0.70$1.76 billion$1.75 billionViewListenView Earnings Details
7/30/2015Q215$0.53$0.60$1.76 billion$1.80 billionViewListenView Earnings Details
4/30/2015Q115$0.42$0.54$1.73 billion$1.70 billionViewListenView Earnings Details
2/10/2015Q414$0.47$0.59$1.98 billion$2.00 billionViewListenView Earnings Details
10/29/2014Q314$0.46$0.52$1.94 billion$1.98 billionViewListenView Earnings Details
7/30/2014Q214$0.39$0.42$1.95 billion$2.00 billionViewListenView Earnings Details
4/30/2014Q114$0.24$0.33$1.84 billion$1.80 billionViewListenView Earnings Details
2/6/2014Q413$0.37$0.34$2.00 billion$2.00 billionViewListenView Earnings Details
10/30/2013Q313$0.34$0.39$1.96 billion$1.90 billionViewListenView Earnings Details
8/2/2013Q2 2013$0.25$0.35$1.97 billion$2.00 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.18$0.24$1.86 billion$1.90 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.29$0.34$1.95 billion$1.98 billionViewListenView Earnings Details
11/2/2012Q312$0.31$0.28$1.97 billion$1.90 billionViewN/AView Earnings Details
8/2/2012$0.36$0.20ViewN/AView Earnings Details
5/3/2012$0.22$0.18ViewN/AView Earnings Details
2/9/2012$0.47$0.48ViewN/AView Earnings Details
10/26/2011$0.49$0.48ViewN/AView Earnings Details
7/27/2011$0.39$0.40ViewN/AView Earnings Details
4/27/2011$0.38$0.34ViewN/AView Earnings Details
1/24/2011$0.46$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sealed Air Corporation (NYSE:SEE)
2017 EPS Consensus Estimate: $2.02
2018 EPS Consensus Estimate: $2.37
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.48$0.48$0.48
Q2 20173$0.35$0.67$0.46
Q3 20173$0.43$0.67$0.52
Q4 20173$0.54$0.58$0.55
Q1 20181$0.50$0.50$0.50
Q2 20181$0.57$0.57$0.57
Q3 20181$0.61$0.61$0.61
Q4 20181$0.69$0.69$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sealed Air Corporation (NYSE:SEE)
Next Dividend:12/15/2017
Annual Dividend:$0.64
Dividend Yield:1.42%
Dividend Growth:5.50% (3 Year Average)
Payout Ratio:33.16% (Trailing 12 Months of Earnings)
35.56% (Based on This Year's Estimates)
26.34% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sealed Air Corporation (NYSE:SEE)

Dividend History by Quarter for Sealed Air Corporation (NYSE SEE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/5/2017quarterly$0.161.45%11/30/201712/1/201712/15/2017
7/7/2017quarterly$0.161.4%8/30/20179/1/20179/15/2017
5/18/2017quarterly$0.161.47%5/31/20176/2/20176/16/2017
2/15/2017quarterly$0.161.34%2/28/20173/3/20173/17/2017
10/6/2016quarterly$0.161.44%11/30/201612/2/201612/16/2016
7/7/2016quarterly$0.161.36%8/31/20169/2/20169/16/2016
3/21/2016quarterly$0.161.32%6/1/20166/3/20166/17/2016
2/17/2016quarterly$0.131.21%3/2/20163/4/20163/18/2016
10/8/2015quarterly$0.131.06%12/2/201512/4/201512/18/2015
7/9/2015quarterly$0.131.02%9/2/20159/4/20159/18/2015
5/14/2015quarterly$0.131.06%6/3/20156/5/20156/19/2015
2/17/2015quarterly$0.131.11%3/4/20153/6/20153/20/2015
10/17/2014quarterly$0.131.6%12/3/201412/5/201412/19/2014
7/10/2014quarterly$0.131.56%9/3/20149/5/20149/19/2014
5/22/2014quarterly$0.131.59%6/4/20146/6/20146/20/2014
2/18/2014quarterly$0.131.6%3/5/20143/7/20143/21/2014
10/10/2013quarterly$0.131.9%12/4/201312/6/201312/20/2013
7/11/2013quarterly$0.131.89%9/4/20139/6/20139/20/2013
4/15/2013quarterly$0.132.42%6/5/20136/7/20136/21/2013
2/15/2013quarterly$0.132.68%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sealed Air Corporation (NYSE:SEE)
Insider Ownership Percentage: 1.05%
Institutional Ownership Percentage: 92.06%
Insider Trades by Quarter for Sealed Air Corporation (NYSE:SEE)
Institutional Ownership by Quarter for Sealed Air Corporation (NYSE:SEE)
Insider Trades by Quarter for Sealed Air Corporation (NYSE:SEE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/18/2017Lawrence R CodeyDirectorSell3,500$42.91$150,185.00View SEC Filing  
5/19/2017William G StiehlCAOSell3,000$43.43$130,290.00View SEC Filing  
5/16/2017Emile Z ChammasInsiderBuy3,000$43.09$129,270.00View SEC Filing  
5/12/2017Jerome A PeribereInsiderBuy6,960$42.97$299,071.20View SEC Filing  
8/9/2016Lawrence R CodeyDirectorSell200$46.50$9,300.00View SEC Filing  
2/22/2016Ruth RoperVPSell18,000$44.08$793,440.00View SEC Filing  
12/10/2015Kenneth P ManningDirectorBuy4,000$43.61$174,440.00View SEC Filing  
11/3/2015Kenneth P ManningDirectorBuy3,000$47.61$142,830.00View SEC Filing  
8/19/2015Kenneth P ManningDirectorBuy3,000$54.00$162,000.00View SEC Filing  
6/17/2015William J MarinoDirectorBuy3,213$49.76$159,878.88View SEC Filing  
6/9/2015Karl R DeilyVPSell19,850$49.57$983,964.50View SEC Filing  
3/11/2015Ruth RoperVPSell4,916$45.18$222,104.88View SEC Filing  
3/4/2015Ruth RoperVPSell14,622$46.00$672,612.00View SEC Filing  
11/19/2014Jerome A PeribereCEOBuy13,096$38.17$499,874.32View SEC Filing  
11/12/2014Kenneth P ManningDirectorBuy5,000$38.29$191,450.00View SEC Filing  
8/27/2014Emile Z ChammasSVPSell20,000$35.95$719,000.00View SEC Filing  
8/13/2014Kenneth P ManningDirectorBuy5,000$33.39$166,950.00View SEC Filing  
12/12/2013Ruth RoperVPSell4,000$31.40$125,600.00View SEC Filing  
9/11/2013Tod S ChristieTreasurerSell10,000$30.09$300,900.00View SEC Filing  
8/15/2013Ruth RoperVPSell20,000$29.75$595,000.00View SEC Filing  
5/15/2013Jean-Marie DemeautisVPSell57,730$23.10$1,333,563.00View SEC Filing  
5/13/2013Philip H Jr. CookVPSell1,500$23.00$34,500.00View SEC Filing  
11/27/2012Kenneth P ManningDirectorBuy5,000$17.00$85,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sealed Air Corporation (NYSE:SEE)
Latest Headlines for Sealed Air Corporation (NYSE:SEE)
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Chart

Sealed Air Corporation (SEE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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