Sealed Air Corp.’s stock (SEE) continues to rise above its goal

A share price of Sealed Air Corp. [SEE] is currently trading at $33.52, up 0.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SEE shares have gain 0.84% over the last week, with a monthly amount drifted -8.64%, and not seem to be holding up well over a long-time horizon.

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On 5, April 2024, From the SEE Impact Report: Q&A With Alan Adams. In a post published today on Yahoo Finance, Originally published in the SEE Impact Report 2022.

From an analyst’s perspective:

Sealed Air Corp. [NYSE: SEE] stock has seen the most recent analyst activity on April 08, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $44 from $39. Wells Fargo upgraded its rating to a Overweight and increased its price target to $43 on January 11, 2024. William Blair downgraded its rating to a Mkt Perform. In a note dated September 25, 2023, Citigroup upgraded an Buy rating on this stock but restated the target price of $41.

Sealed Air Corp. experienced fluctuations in its stock price throughout the past year between $28.50 and $48.44. Currently, Wall Street analysts expect the stock to reach $64.57 within the next 12 months. Sealed Air Corp. [NYSE: SEE] shares were valued at $33.52 at the most recent close of the market. An investor can expect a potential return of 92.63% based on the average SEE price forecast.

Analyzing the SEE fundamentals

Trailing Twelve Months sales for Sealed Air Corp. [NYSE:SEE] were 5.49B which represents -2.02% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.8 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.15 points at the first support level, and at 32.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.83, and for the 2nd resistance point, it is at 34.14.

Sealed Air Corp. [SEE] reported earnings per share of $0.88 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.64/share, meaning a difference of $0.24 and a surprise factor of 37.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.77 per share as compared to estimates of $0.62 per share, a difference of $0.15 representing a surprise of 24.20%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sealed Air Corp. [NYSE:SEE] is 1.30. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 8.81 and price to earnings (TTM) ratio is 14.31.

Transactions by insiders

Recent insider trading involved Doheny Edward L II, President and CEO, that happened on Sep 08 ’23 when 10000.0 shares were purchased.

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