Stock Surge: Sealed Air Corp. (SEE) Closes at 34.59, Marking a 0.46 Increase/Decrease

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In the latest session, Sealed Air Corp. (NYSE: SEE) closed at $34.59 up 0.46% from its previous closing price of $34.43. In other words, the price has increased by $0.46 from its previous closing price. On the day, 1.1 million shares were traded. SEE stock price reached its highest trading level at $34.76 during the session, while it also had its lowest trading level at $34.19.

Ratios:

For a deeper understanding of Sealed Air Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.26. 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 7.26 whereas as Long-Term Debt/Eq ratio is at 6.93.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on August 09, 2024, Downgraded its rating to Hold and sets its target price to $35 from $47 previously.

On July 19, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $43 to $40.

On July 09, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $47.Stifel initiated its Buy rating on July 09, 2024, with a $47 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when Thomsen Jannick bought 8,361 shares for $32.76 per share.

Doheny Edward L II bought 10,000 shares of SEE for $338,500 on Sep 08 ’23. The President and CEO now owns 658,360 shares after completing the transaction at $33.85 per share.

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 5038829056 and an Enterprise Value of 9370515456. As of this moment, Sealed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.82, and their Forward P/E ratio for the next fiscal year is 10.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 7.75. Its current Enterprise Value per Revenue stands at 1.724 whereas that against EBITDA is 8.814.

Stock Price History:

Over the past 52 weeks, SEE has reached a high of $41.14, while it has fallen to a 52-week low of $28.50. The 50-Day Moving Average of the stock is -1.65%, while the 200-Day Moving Average is calculated to be -2.17%.

Shares Statistics:

For the past three months, SEE has traded an average of 1.48M shares per day and 1229750 over the past ten days. A total of 144.47M shares are outstanding, with a floating share count of 143.98M. Insiders hold about 1.16% of the company’s shares, while institutions hold 95.38% stake in the company. Shares short for SEE as of 1723680000 were 4334265 with a Short Ratio of 2.93, compared to 1721001600 on 5557354. Therefore, it implies a Short% of Shares Outstanding of 4334265 and a Short% of Float of 4.279999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for SEE is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02323555The stock’s 5-year Average Dividend Yield is 1.7.

Earnings Estimates

At present, 14.0 analysts are actively evaluating the performance of Sealed Air Corp. (SEE) in the stock market.The consensus estimate for the next quarter is $0.71, with high estimates of $0.78 and low estimates of $0.64.

Analysts are recommending an EPS of between $3.13 and $2.87 for the fiscal current year, implying an average EPS of $2.99. EPS for the following year is $3.18, with 16.0 analysts recommending between $3.52 and $2.94.

Revenue Estimates

For the next quarter, 13 analysts are estimating revenue of $1.38B. There is a high estimate of $1.42B for the next quarter, whereas the lowest estimate is $1.33B.

A total of 15 analysts have provided revenue estimates for SEE’s current fiscal year. The highest revenue estimate was $5.44B, while the lowest revenue estimate was $5.33B, resulting in an average revenue estimate of $5.4B. In the same quarter a year ago, actual revenue was $5.49BBased on 15 analysts’ estimates, the company’s revenue will be $5.47B in the next fiscal year. The high estimate is $5.66B and the low estimate is $5.32B.

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