FY2025 EPS Estimates for Sealed Air Lifted by William Blair

Sealed Air Co. (NYSE:SEE) – Analysts at William Blair lifted their FY2025 earnings per share estimates for Sealed Air in a report issued on Tuesday, May 6th. William Blair analyst R. Sparenblek now forecasts that the industrial products company will earn $3.20 per share for the year, up from their previous forecast of $3.05. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share.

Sealed Air (NYSE:SEE) last released its earnings results on Tuesday, May 6th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.14. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the company posted $0.78 EPS. The company’s revenue was down 4.4% compared to the same quarter last year.

Several other analysts have also recently commented on SEE. Raymond James dropped their target price on shares of Sealed Air from $42.00 to $36.00 and set a “strong-buy” rating for the company in a research report on Tuesday, April 22nd. Jefferies Financial Group set a $36.00 price objective on Sealed Air in a report on Tuesday, March 4th. UBS Group upgraded Sealed Air from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Monday, April 7th. Morgan Stanley lowered their price target on Sealed Air from $39.00 to $38.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Truist Financial reduced their price objective on shares of Sealed Air from $44.00 to $33.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Sealed Air presently has an average rating of “Moderate Buy” and an average target price of $38.00.

Sealed Air Trading Down 0.5 %

Shares of NYSE SEE opened at $30.59 on Friday. Sealed Air has a fifty-two week low of $22.78 and a fifty-two week high of $41.14. The firm has a market capitalization of $4.49 billion, a P/E ratio of 11.25 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 company’s 50 day simple moving average is $28.19 and its 200 day simple moving average is $32.57.

Sealed Air Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.20 per share. 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 2.62%. Sealed Air’s payout ratio is 44.20%.

Insider Activity at Sealed Air

In other news, Director Henry R. Keizer bought 1,120 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average price of $30.00 per share, with a total value of $33,600.00. Following the transaction, the director now owns 35,000 shares in the company, valued at $1,050,000. This represents a 3.31 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sealed Air

Several hedge funds have recently made changes to their positions in SEE. Strategic Investment Solutions Inc. IL bought a new position in Sealed Air in the first quarter valued at $26,000. Blair William & Co. IL grew its holdings in shares of Sealed Air by 91.2% in the 1st quarter. Blair William & Co. IL now owns 16,822 shares of the industrial products company’s stock valued at $486,000 after acquiring an additional 8,026 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Sealed Air in the first quarter valued at about $46,127,000. Bayforest Capital Ltd raised its holdings in Sealed Air by 559.2% during the first quarter. Bayforest Capital Ltd now owns 14,912 shares of the industrial products company’s stock worth $431,000 after acquiring an additional 12,650 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in Sealed Air during the first quarter valued at approximately $308,000. 94.40% of the stock is 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.