Sealed Air Corporation (NYSE:SEE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Sealed Air Corporation (NYSE:SEE) has earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $42.7692.

A number of analysts have recently issued reports on the company. Baird R W cut Sealed Air from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 18th. Mizuho increased their price target on Sealed Air from $36.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Robert W. Baird reaffirmed a “neutral” rating and set a $42.00 price target (down previously from $45.00) on shares of Sealed Air in a report on Thursday, December 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sealed Air in a report on Monday, December 22nd. Finally, Wall Street Zen lowered shares of Sealed Air from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th.

Institutional Investors Weigh In On Sealed Air

A number of institutional investors have recently modified their holdings of the business. Impax Asset Management Group plc raised its holdings in Sealed Air by 18.6% in the 2nd quarter. Impax Asset Management Group plc now owns 680,824 shares of the industrial products company’s stock valued at $21,126,000 after buying an additional 106,627 shares during the last quarter. Alberta Investment Management Corp increased its position in Sealed Air by 43.3% in the 2nd quarter. Alberta Investment Management Corp now owns 2,287,300 shares of the industrial products company’s stock valued at $70,975,000 after acquiring an additional 691,200 shares during the period. Atlas FRM LLC increased its position in Sealed Air by 71.9% in the 2nd quarter. Atlas FRM LLC now owns 980,000 shares of the industrial products company’s stock valued at $30,409,000 after acquiring an additional 410,000 shares during the period. Legal & General Group Plc raised its stake in shares of Sealed Air by 4.3% during the second quarter. Legal & General Group Plc now owns 413,651 shares of the industrial products company’s stock valued at $12,836,000 after acquiring an additional 16,864 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Sealed Air by 0.5% during the second quarter. Geode Capital Management LLC now owns 2,453,216 shares of the industrial products company’s stock worth $76,137,000 after purchasing an additional 12,909 shares during the period. Institutional investors own 94.40% of the company’s stock.

Sealed Air Price Performance

Shares of SEE opened at $41.39 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.75 and a debt-to-equity ratio of 3.34. The company’s fifty day simple moving average is $39.66 and its 200 day simple moving average is $34.81. Sealed Air has a 1-year low of $22.78 and a 1-year high of $44.27. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 13.44 and a beta of 1.35.

Sealed Air (NYSE:SEE) last announced its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.19. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. Sealed Air had a net margin of 8.52% and a return on equity of 54.90%. Sealed Air has set its FY 2025 guidance at 3.250-3.350 EPS. On average, research analysts forecast that Sealed Air will post 3.05 earnings per share for the current fiscal year.

Sealed Air Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.20 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.80 annualized dividend and a yield of 1.9%. Sealed Air’s payout ratio is 25.97%.

Sealed Air Company Profile

Sealed Air Corporation is a global packaging company that develops and manufactures a wide range of materials, equipment and services designed to protect, preserve and promote products. Best known for inventing Bubble Wrap® protective packaging, the company serves customers across food and beverage, e-commerce, electronics, manufacturing and healthcare industries. Sealed Air’s solutions help businesses reduce product damage, extend shelf life and improve operational efficiency.

The company’s product portfolio is organized into three primary segments.