Sealed Air Corporation (NYSE:SEE) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Sealed Air Corporation (NYSE:SEE) have been given an average rating of “Moderate Buy” by the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $43.4167.

Several research analysts have recently weighed in on SEE shares. Morgan Stanley increased their price objective on shares of Sealed Air from $31.00 to $41.00 and gave the stock an “equal weight” rating in a report on Monday, November 10th. Royal Bank Of Canada lifted their price target on shares of Sealed Air from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. Wall Street Zen cut shares of Sealed Air from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Truist Financial increased their target price on Sealed Air from $45.00 to $49.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Citigroup boosted their price target on Sealed Air from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, September 29th.

Sealed Air Price Performance

SEE stock opened at $41.76 on Thursday. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 13.56 and a beta of 1.36. The company has a quick ratio of 0.75, a current ratio of 1.29 and a debt-to-equity ratio of 3.34. Sealed Air has a 52-week low of $22.78 and a 52-week high of $44.27. The stock’s fifty day simple moving average is $41.94 and its 200-day simple moving average is $36.10.

Sealed Air (NYSE:SEE) last released its earnings results on Tuesday, November 4th. The industrial products company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.68 by $0.19. Sealed Air had a return on equity of 54.90% and a net margin of 8.52%.The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Sealed Air has set its FY 2025 guidance at 3.250-3.350 EPS. Equities research analysts expect that Sealed Air will post 3.05 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in shares of Sealed Air in the 4th quarter valued at $737,000. Royal Bank of Canada raised its position in Sealed Air by 21.4% in the first quarter. Royal Bank of Canada now owns 118,808 shares of the industrial products company’s stock valued at $3,434,000 after purchasing an additional 20,925 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Sealed Air by 94.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,553 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 756 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Sealed Air in the first quarter worth about $201,000. Finally, United Services Automobile Association acquired a new stake in shares of Sealed Air in the first quarter valued at about $272,000. 94.40% of the stock is owned by institutional investors and hedge funds.

Sealed Air Company Profile

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.