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$4.73 billion
Profitability
Miscellaneous
Employees15,500
Next Earnings Date11/7/2019 (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 Thursday, July 11th. Shareholders of record on Friday, September 6th will be given a dividend of $0.16 per share on Friday, September 20th. This represents a $0.64 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Thursday, September 5th. View Sealed Air's Dividend History.
How will Sealed Air's stock buyback program work?
Sealed Air announced that its board has authorized a stock buyback plan on Thursday, May 3rd 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 13.7% of its stock through open market purchases. Stock repurchase plans are typically a sign 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) released its quarterly earnings results on Friday, August, 2nd. The industrial products company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.64 by $0.16. The industrial products company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. Sealed Air had a negative return on equity of 121.14% and a net margin of 7.84%. Sealed Air's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 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 issued an update on its FY19 earnings guidance on Friday, August, 2nd. The company provided EPS guidance of $2.70-2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.73. The company issued revenue guidance of $4.85 billion, compared to the consensus revenue estimate of $4.81 billion.
What price target have analysts set for SEE?
12 equities research analysts have issued 1-year price targets for Sealed Air's stock. Their predictions range from $37.00 to $50.00. On average, they anticipate Sealed Air's stock price to reach $42.9630 in the next year. This suggests a possible upside of 6.3% 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 2 sell ratings, 7 hold ratings and 3 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?
Media stories about SEE stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks 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 closest to five being the most favorable. Sealed Air earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Sealed Air.
Are investors shorting Sealed Air?
Sealed Air saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 8,512,600 shares, an increase of 30.0% from the June 30th total of 6,546,100 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is currently 6.9 days. Currently, 5.6% of the shares of the stock 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 ATLAS COPCO AB/S (ATLKY), ASSA ABLOY AB/S (ASAZY), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Komatsu (KMTUY), SANDVIK AB/ADR (SDVKY), Kubota (KUBTY), Rockwell Automation (ROK), Compagnie de Saint Gobain (COD), BAE Systems (BA), Ferguson (FERGY), W W Grainger (GWW), Rolls-Royce (RR), Xylem (XYL) and Dover (DOV).
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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.11%), Price T Rowe Associates Inc. MD (7.54%), BlackRock Inc. (7.00%), BlackRock Inc. (7.00%), Janus Henderson Group PLC (5.36%) and Janus Henderson Group PLC (5.40%). Company insiders that own Sealed Air stock include Edward L Doheny II, Emile Z Chammas, Harry A Lawton III, Henry R Keizer, Jerry R Whitaker, Kenneth P Chrisman, Lawrence R Codey and William G Stiehl. View Institutional Ownership Trends for Sealed Air.
Which major investors are selling Sealed Air stock?
SEE stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Marshall Wace LLP, Wells Fargo & Company MN, Holowesko Partners Ltd., Morgan Stanley, SG Americas Securities LLC, D. E. Shaw & Co. Inc. and California Public Employees Retirement System. View Insider Buying and Selling for Sealed Air.
Which major investors are buying Sealed Air stock?
SEE stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., APG Asset Management N.V., Nuveen Asset Management LLC, Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC and LSV Asset Management. 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 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 $40.43.
How big of a company is Sealed Air?
Sealed Air has a market capitalization of $6.25 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 15,500 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.
