Sealed Air (NYSE:SEE) Updates FY25 Earnings Guidance

Sealed Air (NYSE:SEE) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.90 to $3.30 for the period, compared to the consensus earnings per share estimate of $3.13. The company issued revenue guidance of $5.10 billion to $5.50 billion, compared to the consensus revenue estimate of $5.39 billion. Sealed Air also updated its FY 2025 guidance to 2.900-3.300 EPS.

Analyst Upgrades and Downgrades

SEE has been the subject of several research analyst reports. Mizuho dropped their price objective on Sealed Air from $45.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Bank of America reduced their price objective on shares of Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. UBS Group cut their target price on shares of Sealed Air from $39.00 to $37.00 and set a “neutral” rating on the stock in a research note on Friday, January 10th. Morgan Stanley decreased their price target on shares of 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, StockNews.com raised Sealed Air from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $40.00.

Sealed Air Stock Up 7.4 %

NYSE:SEE traded up $2.37 during trading hours on Tuesday, reaching $34.50. 984,315 shares of the company traded hands, compared to its average volume of 1,169,810. The company has a current ratio of 1.29, a quick ratio of 0.79 and a debt-to-equity ratio of 5.62. The business’s 50-day moving average price is $34.17 and its two-hundred day moving average price is $34.90. Sealed Air has a 1 year low of $30.87 and a 1 year high of $41.14. The stock has a market capitalization of $5.03 billion, a P/E ratio of 12.69 and a beta of 1.34.

Sealed Air (NYSE:SEE) last posted its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the previous year, the firm earned $0.88 EPS. Sealed Air’s quarterly revenue was down .4% compared to the same quarter last year. Analysts predict that Sealed Air will post 3.05 earnings per share for the current year.

Sealed Air Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Friday, March 14th. Sealed Air’s payout ratio is 29.41%.

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.