Sealed Air Corp. (SEE) Stock: A Look at the Analyst Recommendations

Sealed Air Corp. (NYSE: SEE) has a higher price-to-earnings ratio of 13.95x compared to its average ratio. SEE has 36-month beta value of 1.36. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”

The public float for SEE is 144.12M, and currently, short sellers hold a 3.67% ratio of that float. The average trading volume of SEE on July 04, 2024 was 1.54M shares.

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SEE) stock’s latest price update

Sealed Air Corp. (NYSE: SEE)’s stock price has plunge by 1.47relation to previous closing price of 34.12. Nevertheless, the company has seen a -2.45% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-07-01 that CHARLOTTE, N.C., July 1, 2024 /PRNewswire/ — SEE (NYSE: SEE) announced today that it will release its second quarter 2024 results at approximately 7:00 a.m.

SEE’s Market Performance

Sealed Air Corp. (SEE) has experienced a -2.45% fall in stock performance for the past week, with a -12.49% drop in the past month, and a 2.46% rise in the past quarter. The volatility ratio for the week is 2.33%, and the volatility levels for the past 30 days are at 2.52% for SEE. The simple moving average for the last 20 days is -6.27% for SEE stock, with a simple moving average of -0.08% for the last 200 days.

Analysts’ Opinion of SEE

Many brokerage firms have already submitted their reports for SEE stocks, with Mizuho repeating the rating for SEE by listing it as a “Buy.” The predicted price for SEE in the upcoming period, according to Mizuho is $50 based on the research report published on June 06, 2024 of the current year 2024.

Truist, on the other hand, stated in their research note that they expect to see SEE reach a price target of $44, previously predicting the price at $39. The rating they have provided for SEE stocks is “Buy” according to the report published on April 08th, 2024.

SEE Trading at -4.83% from the 50-Day Moving Average

After a stumble in the market that brought SEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.53% of loss for the given period.

Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares sank -13.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.35% upper at present.

During the last 5 trading sessions, SEE fell by -2.45%, which changed the moving average for the period of 200-days by -1.40% in comparison to the 20-day moving average, which settled at $36.67. In addition, Sealed Air Corp. saw -5.20% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SEE starting from Doheny Edward L II, who purchase 10,000 shares at the price of $33.85 back on Sep 08 ’23. After this action, Doheny Edward L II now owns 658,360 shares of Sealed Air Corp., valued at $338,500 using the latest closing price.

Stock Fundamentals for SEE

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.29 for the gross margin

The net margin for Sealed Air Corp. stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 76.16, with 4.94 for asset returns.

Based on Sealed Air Corp. (SEE), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 7.82. The interest coverage ratio of the stock is 2.81.

Currently, EBITDA for the company is 1.11 billion with net debt to EBITDA at 4.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.72. The receivables turnover for the company is 8.4for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.

Conclusion

To put it simply, Sealed Air Corp. (SEE) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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