
Sealed Air Corporation (NYSE:SEE – Free Report) – Zacks Research lowered their Q3 2027 EPS estimates for shares of Sealed Air in a research note issued on Monday, March 16th. Zacks Research analyst Team now expects that the industrial products company will earn $0.89 per share for the quarter, down from their prior estimate of $0.90. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share. Zacks Research also issued estimates for Sealed Air’s FY2027 earnings at $3.47 EPS.
Sealed Air (NYSE:SEE – Get Free Report) last issued its earnings results on Monday, March 2nd. The industrial products company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.05. Sealed Air had a return on equity of 47.21% and a net margin of 9.43%.The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the firm posted $0.75 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year.
View Our Latest Report on Sealed Air
Sealed Air Stock Performance
Shares of Sealed Air stock opened at $41.81 on Wednesday. The business’s 50 day moving average price is $41.85 and its 200 day moving average price is $39.14. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 12.19 and a beta of 1.35. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.56 and a current ratio of 0.91. Sealed Air has a one year low of $22.78 and a one year high of $44.27.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of Sealed Air by 383.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 837 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 664 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Sealed Air in the 3rd quarter valued at approximately $27,000. Los Angeles Capital Management LLC acquired a new position in shares of Sealed Air in the 4th quarter worth approximately $28,000. Quarry LP acquired a new position in shares of Sealed Air in the 4th quarter worth approximately $30,000. Finally, Bayforest Capital Ltd purchased a new position in shares of Sealed Air during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 94.40% of the company’s stock.
Sealed Air Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, March 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. Sealed Air’s dividend payout ratio is currently 23.32%.
Sealed Air Company Profile
Sealed Air Corporation is a global packaging company that develops and manufactures a wide range of materials, equipment and services designed to protect, preserve and promote products. Best known for inventing Bubble Wrap® protective packaging, the company serves customers across food and beverage, e-commerce, electronics, manufacturing and healthcare industries. Sealed Air’s solutions help businesses reduce product damage, extend shelf life and improve operational efficiency.
The company’s product portfolio is organized into three primary segments.
Featured Stories
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 MarketBeat.com's FREE daily email newsletter.
