Mizuho Forecasts Strong Price Appreciation for Sealed Air (NYSE:SEE) Stock

Sealed Air (NYSE:SEE) had its price objective boosted by equities research analysts at Mizuho from $36.00 to $41.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Mizuho’s price target would suggest a potential upside of 11.95% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Citigroup lifted their price objective on shares of Sealed Air from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Raymond James Financial reissued a “strong-buy” rating on shares of Sealed Air in a research note on Tuesday, July 15th. Truist Financial lifted their price target on shares of Sealed Air from $33.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Wells Fargo & Company upped their price target on Sealed Air from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Finally, Wall Street Zen raised Sealed Air from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Sealed Air presently has an average rating of “Moderate Buy” and a consensus price target of $39.09.

Sealed Air Stock Performance

Shares of NYSE SEE opened at $36.63 on Friday. Sealed Air has a 1 year low of $22.78 and a 1 year high of $38.85. The firm has a market cap of $5.39 billion, a P/E ratio of 18.50, a PEG ratio of 2.86 and a beta of 1.36. The stock has a fifty day moving average price of $32.22 and a two-hundred day moving average price of $30.78. The company has a debt-to-equity ratio of 4.18, a quick ratio of 0.71 and a current ratio of 1.19.

Sealed Air (NYSE:SEE) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.17. Sealed Air had a return on equity of 60.61% and a net margin of 5.46%.The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The company’s revenue was down .7% on a year-over-year basis. Sealed Air has set its FY 2025 guidance at 2.900-3.300 EPS. Research analysts forecast that Sealed Air will post 3.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Luminus Management LLC boosted its position in Sealed Air by 15.1% during the 3rd quarter. Luminus Management LLC now owns 499,161 shares of the industrial products company’s stock worth $17,645,000 after acquiring an additional 65,357 shares during the period. Corient Private Wealth LLC lifted its position in shares of Sealed Air by 3.9% in the second quarter. Corient Private Wealth LLC now owns 11,432 shares of the industrial products company’s stock worth $355,000 after purchasing an additional 431 shares in the last quarter. Texas Permanent School Fund Corp boosted its holdings in shares of Sealed Air by 0.7% during the second quarter. Texas Permanent School Fund Corp now owns 67,852 shares of the industrial products company’s stock worth $2,105,000 after purchasing an additional 505 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Sealed Air by 219.9% during the second quarter. Osaic Holdings Inc. now owns 18,175 shares of the industrial products company’s stock worth $557,000 after purchasing an additional 12,493 shares during the period. Finally, Orion Porfolio Solutions LLC grew its position in Sealed Air by 34.5% during the second quarter. Orion Porfolio Solutions LLC now owns 37,001 shares of the industrial products company’s stock valued at $1,148,000 after purchasing an additional 9,492 shares in the last quarter. 94.40% of the stock is owned by institutional investors and hedge funds.

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.