Sealed Air FY2025 EPS Forecast Lowered by Zacks Research

Sealed Air Co. (NYSE:SEE) – Equities research analysts at Zacks Research reduced their FY2025 earnings estimates for shares of Sealed Air in a report released on Tuesday, March 25th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $3.02 per share for the year, down from their previous forecast of $3.04. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share.

Sealed Air (NYSE:SEE) last released its earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.08. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.36 billion. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. Sealed Air’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 earnings per share.

SEE has been the subject of a number of other research reports. Jefferies Financial Group set a $36.00 price target on shares of Sealed Air in a research note on Tuesday, March 4th. Morgan Stanley cut their target price on shares of Sealed Air from $39.00 to $38.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Truist Financial boosted their price target on Sealed Air from $41.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Bank of America cut their price objective on Sealed Air from $42.00 to $39.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Finally, StockNews.com raised Sealed Air from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Sealed Air presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.25.

Sealed Air Trading Down 1.8 %

NYSE SEE opened at $29.02 on Friday. Sealed Air has a 12 month low of $28.67 and a 12 month high of $41.14. The company has a current ratio of 1.29, a quick ratio of 0.79 and a debt-to-equity ratio of 5.62. The stock has a 50 day moving average of $32.64 and a 200-day moving average of $34.37. The company has a market cap of $4.23 billion, a PE ratio of 10.67 and a beta of 1.32.

Institutional Investors Weigh In On Sealed Air

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Sealed Air by 17.7% in the fourth quarter. Vanguard Group Inc. now owns 18,330,381 shares of the industrial products company’s stock valued at $620,117,000 after buying an additional 2,754,395 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Sealed Air by 69.2% in the 4th quarter. Invesco Ltd. now owns 3,788,839 shares of the industrial products company’s stock valued at $128,176,000 after purchasing an additional 1,549,184 shares in the last quarter. Norges Bank bought a new stake in shares of Sealed Air during the 4th quarter valued at approximately $50,562,000. T. Rowe Price Investment Management Inc. increased its position in Sealed Air by 9.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 12,316,192 shares of the industrial products company’s stock worth $416,657,000 after purchasing an additional 1,081,848 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Sealed Air by 84.0% in the 4th quarter. Victory Capital Management Inc. now owns 2,015,442 shares of the industrial products company’s stock valued at $68,182,000 after purchasing an additional 920,000 shares during the last quarter. 94.40% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Henry R. Keizer purchased 1,120 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was bought at an average price of $30.00 per share, with a total value of $33,600.00. Following the acquisition, the director now owns 35,000 shares in the company, valued at approximately $1,050,000. The trade was a 3.31 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Sealed Air Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.76%. Sealed Air’s dividend payout ratio (DPR) is presently 44.20%.

Sealed Air Company Profile

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands.