Sealed Air (NYSE:SEE) Releases Earnings Results, Beats Expectations By $0.08 EPS

Sealed Air (NYSE:SEE) posted its quarterly earnings data on Tuesday. The industrial products company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08, Zacks reports. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. Sealed Air’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.88 EPS. Sealed Air updated its FY 2025 guidance to 2.900-3.300 EPS and its FY25 guidance to $2.90 to $3.30 EPS.

Sealed Air Trading Up 2.0 %

NYSE SEE opened at $34.68 on Wednesday. Sealed Air has a one year low of $30.87 and a one year high of $41.14. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79. The firm has a market cap of $5.05 billion, a P/E ratio of 12.75 and a beta of 1.34. The stock’s 50-day moving average is $34.14 and its 200-day moving average is $34.90.

Sealed Air Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.20 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.31%. Sealed Air’s dividend payout ratio (DPR) is currently 29.41%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Mizuho cut their price target on Sealed Air from $45.00 to $42.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Bank of America cut their target price on shares of Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Truist Financial raised their target price on shares of Sealed Air from $41.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Citigroup dropped their price target on shares of Sealed Air from $44.00 to $42.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Finally, Morgan Stanley reduced their price objective on shares of Sealed Air from $39.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $40.08.

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.