Somewhat Positive Media Coverage Somewhat Unlikely to Impact Sealed Air (SEE) Stock Price
Media coverage about Sealed Air (NYSE:SEE) has trended somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sealed Air earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.544926740092 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Sealed Air Reaches Analyst Target Price (nasdaq.com)
- Zacks: Brokerages Anticipate Sealed Air Corporation (SEE) Will Announce Earnings of $0.57 Per Share (americanbankingnews.com)
- Sealed Air Corporation (NYSE:SEE) – Growth Secrets – Nasdaq Journal (press release) (nasdaqjournal.com)
- Do What Institutional Investors Does: Sealed Air Corporation (SEE), Newfield Exploration Company (NFX) – Market Movers (financialqz.com)
SEE has been the topic of a number of recent research reports. TheStreet upgraded Sealed Air from a “c+” rating to a “b-” rating in a report on Thursday, November 30th. Zacks Investment Research lowered Sealed Air from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. SunTrust Banks reiterated a “buy” rating and set a $49.00 price target on shares of Sealed Air in a report on Friday, November 17th. Jefferies Group reiterated a “hold” rating and set a $44.00 price target on shares of Sealed Air in a report on Thursday, September 14th. Finally, Barclays reiterated an “equal weight” rating and set a $45.00 price target on shares of Sealed Air in a report on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $49.42.
Shares of Sealed Air (NYSE:SEE) traded down $0.15 during trading on Friday, reaching $49.42. The company had a trading volume of 2,240,795 shares, compared to its average volume of 1,892,000. The company has a market capitalization of $8,910.00, a price-to-earnings ratio of 47.52, a P/E/G ratio of 5.17 and a beta of 1.24. Sealed Air has a 1-year low of $41.22 and a 1-year high of $50.62. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 4.23.
Sealed Air (NYSE:SEE) last issued its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $0.46 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.46. Sealed Air had a return on equity of 67.60% and a net margin of 20.15%. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company posted $0.41 earnings per share. Sealed Air’s quarterly revenue was up 6.2% compared to the same quarter last year. research analysts anticipate that Sealed Air will post 1.8 EPS for the current fiscal year.
In other Sealed Air news, SVP Emile Z. Chammas sold 6,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $45.24, for a total value of $271,440.00. Following the completion of the sale, the senior vice president now directly owns 142,077 shares of the company’s stock, valued at $6,427,563.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO William G. Stiehl sold 3,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $48.98, for a total value of $146,940.00. Following the completion of the sale, the chief financial officer now directly owns 34,797 shares of the company’s stock, valued at $1,704,357.06. The disclosure for this sale can be found here. Company insiders own 1.05% of the company’s stock.
Sealed Air Company Profile
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions.
Receive News & Ratings for Sealed Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sealed Air and related companies with Analyst Ratings Network's FREE daily email newsletter.