Sealed Air (NYSE:SEE) Updates FY25 Earnings Guidance

Sealed Air (NYSE:SEE) issued an update on its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.90 to $3.30 for the period, compared to the consensus estimate of $3.13. The company issued revenue guidance of $5.10 billion to $5.50 billion, compared to the consensus revenue estimate of $5.39 billion. Sealed Air also updated its FY 2025 guidance to 2.900-3.300 EPS.

Sealed Air Stock Performance

Sealed Air stock traded up $0.61 during mid-day trading on Wednesday, reaching $34.61. 189,548 shares of the stock traded hands, compared to its average volume of 1,186,960. Sealed Air has a 12-month low of $30.87 and a 12-month high of $41.14. The business’s 50-day moving average is $34.14 and its 200-day moving average is $34.90. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79. The stock has a market capitalization of $5.04 billion, a PE ratio of 12.73 and a beta of 1.34.

Sealed Air (NYSE:SEE) last issued its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the business earned $0.88 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis. As a group, sell-side analysts predict that Sealed Air will post 3.05 EPS for the current fiscal year.

Sealed Air Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.31%. The ex-dividend date is Friday, March 14th. Sealed Air’s dividend payout ratio is presently 29.41%.

Wall Street Analyst Weigh In

SEE has been the subject of several research reports. Morgan Stanley lowered their price objective on shares of Sealed Air from $39.00 to $38.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Mizuho reduced their price objective on Sealed Air from $45.00 to $42.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Bank of America decreased their price objective on Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Truist Financial lifted their target price on Sealed Air from $41.00 to $44.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Finally, StockNews.com upgraded Sealed Air from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Sealed Air has a consensus rating of “Moderate Buy” and an average target price of $40.08.

Sealed Air Company Profile

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands.