Sealed Air (NYSE:SEE) Posts Quarterly Earnings Results

Sealed Air (NYSE:SEE) released its earnings results 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 business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. 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

NYSE SEE opened at $33.99 on Wednesday. Sealed Air has a fifty-two week low of $30.87 and a fifty-two week high of $41.14. The stock’s 50-day moving average is $34.14 and its two-hundred day moving average is $34.90. The firm has a market cap of $4.95 billion, a P/E ratio of 12.50 and a beta of 1.34. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79.

Sealed Air Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Friday, March 14th. Sealed Air’s dividend payout ratio is presently 29.41%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Wells Fargo & Company reduced their target price on Sealed Air from $44.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, January 6th. StockNews.com raised Sealed Air from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Bank of America lowered their target price on Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Mizuho dropped their target price on Sealed Air from $45.00 to $42.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group decreased their price target on shares of Sealed Air from $39.00 to $37.00 and set a “neutral” rating for the company in a report on Friday, January 10th. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.00.

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.