Sealed Air Corporation (NYSE:SEE – Free Report) – Equities researchers at Zacks Research dropped their Q3 2027 EPS estimates for shares of Sealed Air in a note issued to investors on Monday, March 16th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.89 per share for the quarter, down from their previous estimate of $0.90. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share. Zacks Research also issued estimates for Sealed Air’s FY2027 earnings at $3.47 EPS.
Other analysts have also recently issued research reports about the stock. Truist Financial boosted their price objective on shares of Sealed Air from $45.00 to $49.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sealed Air in a research report on Monday, December 29th. Robert W. Baird reaffirmed a “neutral” rating and set a $42.00 target price (down from $45.00) on shares of Sealed Air in a report on Thursday, December 18th. Finally, Raymond James Financial lowered Sealed Air from an “outperform” rating to a “market perform” rating in a research report on Monday, December 22nd. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.09.
Sealed Air Price Performance
SEE stock opened at $41.79 on Wednesday. The company has a fifty day moving average price of $41.86 and a 200-day moving average price of $39.17. The company has a market capitalization of $6.16 billion, a P/E ratio of 12.18 and a beta of 1.35. Sealed Air has a 52-week low of $22.78 and a 52-week high of $44.27. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.56 and a current ratio of 0.91.
Sealed Air (NYSE:SEE – Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05. Sealed Air had a net margin of 9.43% and a return on equity of 47.21%. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the business earned $0.75 EPS. The firm’s quarterly revenue was up 2.0% on a year-over-year basis.
Hedge Funds Weigh In On Sealed Air
Hedge funds have recently bought and sold shares of the company. Los Angeles Capital Management LLC acquired a new stake in Sealed Air during the 4th quarter worth about $28,000. Quarry LP acquired a new position in shares of Sealed Air in the 4th quarter valued at about $30,000. Johnson Financial Group Inc. acquired a new position in shares of Sealed Air in the 3rd quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Sealed Air by 383.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 837 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 664 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new stake in Sealed Air during the fourth quarter worth approximately $36,000. Institutional investors own 94.40% of the company’s stock.
Sealed Air Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, March 13th. Sealed Air’s dividend payout ratio is currently 23.32%.
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.
Further Reading
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