Sealed Air (NYSE:SEE) Announces Earnings Results

Sealed Air (NYSE:SEE) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.08, Zacks reports. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.36 billion. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The business’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the business 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 Price Performance

Shares of SEE stock opened at $34.68 on Wednesday. Sealed Air has a 52 week low of $30.87 and a 52 week high of $41.14. The stock has a market capitalization of $5.05 billion, a PE ratio of 12.75 and a beta of 1.34. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.79 and a current ratio of 1.29. The stock’s fifty day moving average is $34.14 and its 200-day moving average is $34.90.

Sealed Air Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on SEE shares. Wells Fargo & Company boosted their price target on Sealed Air from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Wednesday. UBS Group cut their target price on Sealed Air from $39.00 to $37.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Bank of America decreased their price target on shares of Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. StockNews.com upgraded shares of Sealed Air from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Finally, Morgan Stanley decreased their target price on shares of Sealed Air from $39.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Seven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.