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

Sealed Air's stock was trading at $26.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SEE shares have decreased by 8.8% and is now trading at $24.35. View which stocks have been mosted impacted by Coronavirus.

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.

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

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

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 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Thursday, March 5th. View Sealed Air's dividend history.

Sealed Air declared that its board has initiated a share repurchase plan 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 buy up to 13.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Sealed Air issued an update on its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share (EPS) 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.

7 analysts have issued twelve-month price targets for Sealed Air's stock. Their forecasts range from $26.00 to $51.00. On average, they anticipate Sealed Air's share price to reach $40.29 in the next year. This suggests a possible upside of 65.4% from the stock's current price. View analysts' price targets for Sealed Air.

News articles about SEE stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sealed Air earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines 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 effect on the company's share price in the near term. View the latest news aboutSealed Air.

Sealed Air saw a decline in short interest in 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 trading volume, of 1,280,000 shares, the short-interest ratio is currently 3.3 days. Approximately 2.8% of the company's stock are short sold. View Sealed Air's Current Options Chain.

Some companies that are related to Sealed Air include Komatsu (KMTUY), Kubota (KUBTY), W W Grainger (GWW), Amcor (AMCR), Amcor Limited ADS (AMCRY), Ferguson (FERGY), Dover (DOV), Xylem (XYL), Techtronic Industries (TTNDY), NortonLifeLock (NLOK), IDEX (IEX), BRAMBLES LTD/S (BXBLY), Zebra Technologies (ZBRA), ASHTEAD GRP PLC/ADR (ASHTY) and Halma (HLMAF).

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), Netflix (NFLX), Boeing (BA), General Electric (GE), Schlumberger (SLB), Exxon Mobil (XOM) and Starbucks (SBUX).

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

Sealed Air's stock is owned by a number of institutional and retail investors. Top institutional investors include 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.

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.

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.

One share of SEE stock can currently be purchased for approximately $24.35.

Sealed Air has a market capitalization of $3.77 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.

The official website for Sealed Air is http://www.sealedair.com/.

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]