
Sealed Air Corporation (NYSE:SEE – Free Report) – Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Sealed Air in a research report issued to clients and investors on Monday, March 16th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.89 for the quarter, down from their previous forecast 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.
A number of other analysts also recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Sealed Air in a report on Monday, December 29th. Robert W. Baird reissued a “neutral” rating and set a $42.00 target price (down from $45.00) on shares of Sealed Air in a research note on Thursday, December 18th. Raymond James Financial lowered Sealed Air from an “outperform” rating to a “market perform” rating in a research note on Monday, December 22nd. Finally, Truist Financial upped their price target on Sealed Air from $45.00 to $49.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sealed Air has an average rating of “Moderate Buy” and a consensus target price of $44.09.
Sealed Air Price Performance
NYSE:SEE opened at $41.81 on Wednesday. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.91 and a quick ratio of 0.56. The company has a 50 day moving average price of $41.85 and a 200-day moving average price of $39.14. Sealed Air has a 1-year low of $22.78 and a 1-year high of $44.27. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 12.19 and a beta of 1.35.
Sealed Air (NYSE:SEE – Get Free Report) last announced its quarterly earnings results 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 return on equity of 47.21% and a net margin of 9.43%.The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the company posted $0.75 earnings per share. Sealed Air’s revenue for the quarter was up 2.0% on a year-over-year basis.
Sealed Air Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.20 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.80 annualized dividend and a dividend yield of 1.9%. Sealed Air’s dividend payout ratio (DPR) is 23.32%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $26,000 after acquiring an additional 664 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Sealed Air during the third quarter worth approximately $27,000. Los Angeles Capital Management LLC acquired a new position in Sealed Air in the 4th quarter valued at $28,000. Quarry LP purchased a new position in Sealed Air in the 4th quarter valued at $30,000. Finally, Bayforest Capital Ltd purchased a new position in Sealed Air in the 4th quarter valued at $36,000. 94.40% of the stock is owned by hedge funds and other institutional investors.
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.
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