News articles about Sealed Air (NYSE:SEE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sealed Air earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.2029054107849 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities research analysts have weighed in on SEE shares. TheStreet raised shares of Sealed Air from a “c+” rating to a “b-” rating in a research note on Thursday, November 30th. SunTrust Banks reaffirmed a “buy” rating and issued a $49.00 price target on shares of Sealed Air in a research note on Friday, November 17th. BMO Capital Markets reaffirmed a “hold” rating and issued a $50.00 price target on shares of Sealed Air in a research note on Thursday, January 25th. Barclays raised shares of Sealed Air from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $46.00 to $53.00 in a research note on Friday, December 15th. Finally, Vertical Research downgraded shares of Sealed Air from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. Sealed Air currently has a consensus rating of “Hold” and a consensus target price of $50.31.
Sealed Air (SEE) traded down $0.31 during trading hours on Wednesday, hitting $44.43. 198,939 shares of the stock traded hands, compared to its average volume of 2,571,998. The company has a current ratio of 1.35, a quick ratio of 0.99 and a debt-to-equity ratio of 21.21. The company has a market capitalization of $7,464.92, a P/E ratio of 10.68, a PEG ratio of 1.69 and a beta of 1.19. Sealed Air has a one year low of $40.76 and a one year high of $49.94.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, March 2nd will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Thursday, March 1st. Sealed Air’s payout ratio is presently 15.27%.
In other news, CFO William G. Stiehl sold 3,000 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $48.98, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.05% of the company’s stock.
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About Sealed Air
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.
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