Somewhat Favorable News Coverage Somewhat Unlikely to Affect Sealed Air (NYSE:SEE) Stock Price

Media coverage about Sealed Air (NYSE:SEE) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sealed Air earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.3542266637727 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Several research firms recently weighed in on SEE. TheStreet upgraded Sealed Air from a “c+” rating to a “b-” rating in a research report on Thursday, November 30th. Vertical Research raised Sealed Air from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Bank of America set a $59.00 price objective on Sealed Air and gave the stock a “buy” rating in a research note on Friday, February 9th. SunTrust Banks cut Sealed Air from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $50.00 price target on shares of Sealed Air in a report on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $50.31.

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Sealed Air stock traded down $0.40 during mid-day trading on Thursday, hitting $42.51. 413,048 shares of the stock traded hands, compared to its average volume of 2,533,706. The stock has a market cap of $7,314.29, a price-to-earnings ratio of 10.24, a P/E/G ratio of 1.66 and a beta of 1.19. Sealed Air has a twelve month low of $40.76 and a twelve month high of $49.94. The company has a debt-to-equity ratio of 21.21, a quick ratio of 0.99 and a current ratio of 1.35.

Sealed Air (NYSE:SEE) last issued its quarterly earnings results on Thursday, February 8th. The industrial products company reported $0.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.01. Sealed Air had a net margin of 17.90% and a return on equity of 74.28%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company posted $0.50 EPS. Sealed Air’s quarterly revenue was up 11.5% compared to the same quarter last year. research analysts expect that Sealed Air will post 2.41 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Friday, March 2nd were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, March 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.51%. Sealed Air’s dividend payout ratio is currently 15.27%.

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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.

Insider Buying and Selling by Quarter for Sealed Air (NYSE:SEE)

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