Sealed Air (NYSE:SEE) Releases Earnings Results, Beats Expectations By $0.14 EPS

Sealed Air (NYSE:SEE) posted its quarterly earnings data on Tuesday. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.14, Zacks reports. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the firm posted $0.78 EPS. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. Sealed Air updated its FY 2025 guidance to 2.900-3.300 EPS.

Sealed Air Stock Up 3.1 %

Sealed Air stock opened at $29.84 on Thursday. Sealed Air has a 1-year low of $22.78 and a 1-year high of $41.14. The stock has a market cap of $4.38 billion, a PE ratio of 10.97 and a beta of 1.35. 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 stock’s fifty day moving average is $28.24 and its two-hundred day moving average is $32.67.

Sealed Air Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.68%. Sealed Air’s payout ratio is presently 44.20%.

Analyst Upgrades and Downgrades

SEE has been the topic of several recent research reports. Raymond James cut their target price on Sealed Air from $42.00 to $36.00 and set a “strong-buy” rating on the stock in a report on Tuesday, April 22nd. StockNews.com raised shares of Sealed Air from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Jefferies Financial Group set a $36.00 price target on Sealed Air in a research note on Tuesday, March 4th. Truist Financial cut their price target on shares of Sealed Air from $44.00 to $33.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Finally, Mizuho reduced their target price on Sealed Air from $39.00 to $32.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Sealed Air presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.00.

Insider Activity

In related news, Director Henry R. Keizer purchased 1,120 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of $30.00 per share, with a total value of $33,600.00. Following the completion of the purchase, the director now directly owns 35,000 shares in the company, valued at approximately $1,050,000. This trade represents a 3.31 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Institutional Trading of Sealed Air

A hedge fund recently bought a new stake in Sealed Air stock. Brighton Jones LLC purchased a new stake in shares of Sealed Air Co. (NYSE:SEE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,800 shares of the industrial products company’s stock, valued at approximately $737,000. 94.40% of the stock is currently owned by institutional investors.

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.