Sealed Air Corporation (NYSE:SEE) Receives $42.77 Consensus Price Target from Analysts

by · The Cerbat Gem

Sealed Air Corporation (NYSE:SEE – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on 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.

SEE has been the topic of a number of research analyst reports. Stifel Nicolaus reissued a “hold” rating and issued a $45.00 price target (up from $43.80) on shares of Sealed Air in a research note on Monday, November 17th. UBS Group lifted their target price on shares of Sealed Air from $40.00 to $42.00 and gave the company a “buy” rating in a report on Monday, October 6th. Citigroup upped their price target on Sealed Air from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Wall Street Zen lowered Sealed Air from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Mizuho boosted their price objective on Sealed Air from $36.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, October 3rd.

Check Out Our Latest Stock Report on Sealed Air

Institutional Investors Weigh In On Sealed Air

Several large investors have recently added to or reduced their stakes in SEE. Atlantic Union Bankshares Corp acquired a new stake in Sealed Air during the 2nd quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Sealed Air by 383.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 837 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 664 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of Sealed Air during the third quarter worth $27,000. Parkside Financial Bank & Trust raised its stake in shares of Sealed Air by 334.4% in the second quarter. Parkside Financial Bank & Trust now owns 960 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 739 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in Sealed Air in the third quarter valued at $45,000. 94.40% of the stock is owned by hedge funds and other institutional investors.

Sealed Air Stock Performance

Shares of Sealed Air stock opened at $41.54 on Friday. The firm has a market cap of $6.11 billion, a PE ratio of 13.49 and a beta of 1.36. The company has a quick ratio of 0.75, a current ratio of 1.29 and a debt-to-equity ratio of 3.34. Sealed Air has a 52 week low of $22.78 and a 52 week high of $44.27. The business’s fifty day simple moving average is $40.33 and its 200-day simple moving average is $35.16.

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

Sealed Air Announces Dividend

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

Sealed Air Company Profile

(Get Free Report)

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.

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