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

Sealed Air's stock was trading at $26.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SEE shares have decreased by 7.5% and is now trading at $24.72. 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.04. The industrial products company had revenue of $1.30 billion for 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 business's quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. View Sealed Air's earnings history.

Sealed Air declared 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 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, March 5th. View Sealed Air's dividend history.

Sealed Air announced that its Board of Directors has authorized a stock buyback plan on Thursday, May 3rd 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 13.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Sealed Air updated its FY20 earnings guidance on Tuesday, February, 11th. The company provided earnings per share 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 Wall Street analysts have issued 12-month price objectives 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 63.0% from the stock's current price. View analysts' price targets for Sealed Air.

News articles about SEE stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -4.0 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutSealed Air.

Sealed Air saw a decline in short interest during the month of 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 presently 3.3 days. Currently, 2.8% of the company's stock are sold short. View Sealed Air's Current Options Chain.

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

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), General Electric (GE), Netflix (NFLX), Intel (INTC), Boeing (BA), Schlumberger (SLB), Exxon Mobil (XOM) and Home Depot (HD).

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

Sealed Air's stock is owned by many different institutional and retail 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%), Geode Capital Management LLC (1.60%) and Alliancebernstein L.P. (1.54%). 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 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 activity for Sealed Air.

SEE stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, 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., and ArrowMark Colorado Holdings 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, James M Sullivan, Jerry R Whitaker, Neil Lustig, and Patrick Duff. 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 $24.72.

Sealed Air has a market capitalization of $3.82 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]