After finishing at $35.77 in the prior trading day, Sealed Air Corp. (NYSE: SEE) closed at $35.58, down -0.53%. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 960148 shares were traded.
Ratios:
Our goal is to gain a better understanding of SEE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 8.71 whereas as Long-Term Debt/Eq ratio is at 8.34.
Wells Fargo Upgraded its Equal Weight to Overweight on January 11, 2024, whereas the target price for the stock was revised from $35 to $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 08 ’23 when Doheny Edward L II bought 10,000 shares for $33.85 per share. The transaction valued at 338,500 led to the insider holds 658,360 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEE now has a Market Capitalization of 5.14B and an Enterprise Value of 9.58B. As of this moment, Sealed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.19, and their Forward P/E ratio for the next fiscal year is 10.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 9.35. Its current Enterprise Value per Revenue stands at 1.75 whereas that against EBITDA is 10.19.
Stock Price History:
Over the past 52 weeks, SEE has reached a high of $48.44, while it has fallen to a 52-week low of $28.50. The 50-Day Moving Average of the stock is 35.76, while the 200-Day Moving Average is calculated to be 36.09.
Shares Statistics:
The stock has traded on average 1.60M shares per day over the past 3-months and 1.33M shares per day over the last 10 days, according to various share statistics. A total of 144.47M shares are outstanding, with a floating share count of 143.00M. Insiders hold about 1.03% of the company’s shares, while institutions hold 94.82% stake in the company. Shares short for SEE as of Feb 29, 2024 were 5M with a Short Ratio of 3.13, compared to 4.56M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.46% and a Short% of Float of 4.77%.
Dividends & Splits
In the trailing 12 months, SEE’s forward annual dividend rate was 0.80, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 2.24%, it implies a Forward Annual Dividend Yield of 2.25%. The stock’s 5-year Average Dividend Yield is 1.64. The current Payout Ratio is 34.16% for SEE, which recently paid a dividend on Mar 22, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Mar 19, 2007 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.66 and a low estimate of $0.53, while EPS last year was $0.74. The consensus estimate for the next quarter is $0.71, with high estimates of $0.8 and low estimates of $0.65.
Analysts are recommending an EPS of between $3 and $2.7 for the fiscal current year, implying an average EPS of $2.87. EPS for the following year is $3.27, with 15 analysts recommending between $3.54 and $3.
Revenue Estimates
13 analysts predict $1.3B in revenue for the current quarter. It ranges from a high estimate of $1.42B to a low estimate of $1.23B. As of the current estimate, Sealed Air Corp.’s year-ago sales were $1.35B, an estimated decrease of -3.90% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.34B, a decrease of -2.80% over than the figure of -$3.90% in the same quarter last year. There is a high estimate of $1.45B for the next quarter, whereas the lowest estimate is $1.27B.
A total of 14 analysts have provided revenue estimates for SEE’s current fiscal year. The highest revenue estimate was $5.5B, while the lowest revenue estimate was $5.14B, resulting in an average revenue estimate of $5.39B. In the same quarter a year ago, actual revenue was $5.49B, down -1.80% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $5.55B in the next fiscal year. The high estimate is $5.85B and the low estimate is $5.29B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.
