Sealed Air (NYSE:SEE) Updates FY 2025 Earnings Guidance

Sealed Air (NYSE:SEE) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.900-3.300 for the period, compared to the consensus EPS estimate of 3.010. The company issued revenue guidance of $5.1 billion-$5.5 billion, compared to the consensus revenue estimate of $5.3 billion.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SEE shares. Citigroup cut their price target on shares of Sealed Air from $44.00 to $42.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Jefferies Financial Group set a $36.00 price objective on Sealed Air in a report on Tuesday, March 4th. Truist Financial decreased their target price on Sealed Air from $44.00 to $33.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company lifted their price objective on shares of Sealed Air from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Finally, Mizuho decreased their price target on shares of Sealed Air from $39.00 to $32.00 and set an “outperform” rating for the company in a research note on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $38.00.

Sealed Air Stock Up 4.6 %

SEE stock traded up $1.26 during trading on Tuesday, reaching $28.79. 1,211,268 shares of the company traded hands, compared to its average volume of 1,521,289. The business has a 50 day simple moving average of $28.40 and a 200 day simple moving average of $32.72. Sealed Air has a 12 month low of $22.78 and a 12 month high of $41.14. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.79 and a current ratio of 1.29. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 10.59 and a beta of 1.35.

Sealed Air (NYSE:SEE) last issued its quarterly earnings data on Tuesday, May 6th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.14. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. During the same period in the prior year, the company posted $0.78 EPS. The business’s revenue was down 4.4% compared to the same quarter last year. On average, equities research analysts anticipate that Sealed Air will post 3.05 earnings per share for the current fiscal year.

Sealed Air Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a $0.20 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.78%. Sealed Air’s payout ratio is 44.20%.

Insider Activity at Sealed Air

In other Sealed Air news, Director Henry R. Keizer purchased 1,120 shares of the stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of $30.00 per share, with a total value of $33,600.00. Following the completion of the acquisition, the director now owns 35,000 shares in the company, valued at $1,050,000. The trade was a 3.31 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sealed Air

A hedge fund recently bought a new stake in Sealed Air stock. Brighton Jones LLC purchased a new position in Sealed Air Co. (NYSE:SEE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,800 shares of the industrial products company’s stock, valued at approximately $737,000. Hedge funds and other institutional investors own 94.40% of the company’s stock.

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.