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

Shares of Sealed Air Corporation (NYSE:SEE) have earned a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $43.4167.

Several research firms have issued reports on SEE. Weiss Ratings restated a “hold (c+)” rating on shares of Sealed Air in a report on Monday, December 29th. Raymond James Financial cut shares of Sealed Air from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Royal Bank Of Canada raised their price objective on shares of Sealed Air from $48.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, November 5th. Wall Street Zen lowered shares of Sealed Air from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $42.00 price target (down from $45.00) on shares of Sealed Air in a research note on Thursday, December 18th.

Sealed Air Price Performance

Shares of SEE stock opened at $41.76 on Thursday. Sealed Air has a twelve month low of $22.78 and a twelve month high of $44.27. The company has a market capitalization of $6.14 billion, a PE ratio of 13.56 and a beta of 1.36. 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 firm has a fifty day simple moving average of $41.94 and a 200-day simple moving average of $36.10.

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

Hedge Funds Weigh In On Sealed Air

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of Sealed Air during the fourth quarter worth $737,000. Royal Bank of Canada raised its stake in Sealed Air by 21.4% during the first quarter. Royal Bank of Canada now owns 118,808 shares of the industrial products company’s stock worth $3,434,000 after acquiring an additional 20,925 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sealed Air by 94.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,553 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 756 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Sealed Air during the first quarter valued at approximately $201,000. Finally, United Services Automobile Association acquired a new stake in shares of Sealed Air during the 1st quarter worth approximately $272,000. Institutional investors and hedge funds own 94.40% of the company’s stock.

About Sealed Air

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.