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

Sealed Air (NYSE:SEE) released its quarterly earnings data on Tuesday. The industrial products company reported $0.81 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 business’s revenue was down 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.78 earnings per share. Sealed Air updated its FY 2025 guidance to 2.900-3.300 EPS.

Sealed Air Stock Performance

NYSE:SEE traded up $1.27 during midday trading on Tuesday, reaching $28.80. The stock had a trading volume of 1,261,730 shares, compared to its average volume of 1,521,502. The stock has a market cap of $4.23 billion, a P/E ratio of 10.59 and a beta of 1.35. The company has a quick ratio of 0.79, a current ratio of 1.29 and a debt-to-equity ratio of 5.62. Sealed Air has a 12-month low of $22.78 and a 12-month high of $41.14. The firm has a fifty day simple moving average of $28.40 and a two-hundred day simple moving average of $32.72.

Sealed Air Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, March 14th. Sealed Air’s dividend payout ratio (DPR) is presently 44.20%.

Insider Activity

In other Sealed Air news, Director Henry R. Keizer purchased 1,120 shares of Sealed Air stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of $30.00 per share, with a total value of $33,600.00. Following the acquisition, the director now directly owns 35,000 shares of the company’s stock, valued at $1,050,000. This represents a 3.31 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sealed Air stock. Brighton Jones LLC bought a new stake in shares of Sealed Air Co. (NYSE:SEE) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 21,800 shares of the industrial products company’s stock, valued at approximately $737,000. 94.40% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Mizuho lowered their price objective 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. Bank of America lowered their target price on Sealed Air from $42.00 to $39.00 and set a “buy” rating for the company in a report 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. Wells Fargo & Company boosted their price target on shares of Sealed Air from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Finally, Jefferies Financial Group set a $36.00 price objective on shares of Sealed Air in a research report on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.00.

About Sealed Air

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.