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NYSE:SEESealed Air Stock Price, Forecast & News

$33.50
+1.10 (+3.40 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$32.84
Now: $33.50
$33.94
50-Day Range
$28.76
MA: $31.67
$35.13
52-Week Range
$17.06
Now: $33.50
$45.86
Volume1.24 million shs
Average Volume1.28 million shs
Market Capitalization$5.21 billion
P/E Ratio15.65
Dividend Yield1.91%
Beta1.17
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. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Product Care segment provides foam, corrugated, molded pulp, and wood packaging solutions to protect goods in shipping for the e-commerce, electronics, transportation, and industrial markets under the Bubble Wrap, Cryovac, Instapak, Jiffy, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, third-party logistics partners, e-commerce/fulfillment operations, and retail centers. The company was founded in 1960 and is headquartered in Charlotte, North Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


Industry, Sector and Symbol

Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustryPaper Packaging
CUSIP81211K10
Phone980-221-3235

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.79 billion
Cash Flow$3.82 per share
Book Value($1.27) per share

Profitability

Net Income$263 million

Miscellaneous

Employees16,500
Market Cap$5.21 billion
Next Earnings Date8/6/2020 (Confirmed)
OptionableOptionable

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Sealed Air (NYSE:SEE) Frequently Asked Questions

How has Sealed Air's stock been impacted by COVID-19 (Coronavirus)?

Sealed Air's stock was trading at $26.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SEE shares have increased by 25.4% and is now trading at $33.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sealed Air?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sealed Air in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sealed Air.

When is Sealed Air's next earnings date?

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

How can I listen to Sealed Air's earnings call?

Sealed Air will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Sealed Air's earnings last quarter?

Sealed Air Corp (NYSE:SEE) announced its earnings results on Tuesday, May, 5th. The industrial products company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.59 by $0.14. The industrial products company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.12 billion. Sealed Air had a negative return on equity of 179.75% and a net margin of 6.84%. Sealed Air's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. View Sealed Air's earnings history.

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

Sealed Air announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, June 5th will be given a dividend of $0.16 per share on Friday, June 19th. This represents a $0.64 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, June 4th. View Sealed Air's dividend history.

What price target have analysts set for SEE?

9 analysts have issued 12-month target prices for Sealed Air's shares. Their forecasts range from $26.00 to $51.00. On average, they anticipate Sealed Air's share price to reach $36.78 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View analysts' price targets 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, "Sealed Air’s first-quarter 2020 earnings per share and revenues both improved from the prior-year quarter and beat the Zacks Consensus Estimate. The results can be attributed to its Reinvent SEE strategy, acquisitions, higher volumes and favorable price/cost spread. Approximately 75% of the end markets are experiencing increased demand for food, medical supplies, consumer staples and e-commerce demand, which bodes well for Sealed Air. However, the remaining 25% are facing slowdown or have been forced to temporarily suspend production. Nevertheless, in 2020, the company anticipates realizing around $110 million of benefits from its Reinvent SEE program, which is focused on innovations, SG&A productivity, product-cost efficiency, channel optimization and customer-service enhancements. Acquisitions and innovation will also aid results." (6/8/2020)
  • 2. KeyCorp analysts commented, "Weak cash flow conversion combined with a levered balance sheet (4.0x) is a suboptimal combination." (8/2/2019)

Has Sealed Air been receiving favorable news coverage?

News articles about SEE stock have been trending negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -2.2 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View the latest news about Sealed Air.

Are investors shorting Sealed Air?

Sealed Air saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,780,000 shares, a decline of 14.8% from the June 15th total of 5,610,000 shares. Based on an average trading volume of 1,440,000 shares, the short-interest ratio is currently 3.3 days. Approximately 3.1% of the shares of the company are sold short. View Sealed Air's Current Options Chain.

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 Walt Disney (DIS), NVIDIA (NVDA), AT&T (T), General Electric (GE), Intel (INTC), Merck & Co., Inc. (MRK), Schlumberger (SLB), Boeing (BA), Cisco Systems (CSCO) and CVS Health (CVS).

Who are Sealed Air's key executives?

Sealed Air's management team includes the following 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)

What is Sealed Air's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Sealed Air's stock price today?

One share of SEE stock can currently be purchased for approximately $33.50.

How big of a company is Sealed Air?

Sealed Air has a market capitalization of $5.21 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.

What is Sealed Air's official website?

The official website for Sealed Air is 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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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