Sealed Air (NYSE:SEE) Updates FY25 Earnings Guidance

Sealed Air (NYSE:SEE) updated 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 Down 0.3 %

Sealed Air stock traded down $0.09 during mid-day trading on Thursday, reaching $33.52. 636,114 shares of the company were exchanged, compared to its average volume of 1,225,872. Sealed Air has a 12-month low of $30.87 and a 12-month high of $41.14. The business has a fifty day moving average of $34.13 and a 200 day moving average of $34.90. The firm has a market cap of $4.88 billion, a P/E ratio of 12.30 and a beta of 1.34. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.79 and a current ratio of 1.29.

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 analysts’ consensus estimates of $0.67 by $0.08. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the business posted $0.88 EPS. The firm’s quarterly revenue was down .4% on a year-over-year basis. Research analysts anticipate that Sealed Air will post 3.05 earnings per share for the current fiscal year.

Sealed Air Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.39%. Sealed Air’s dividend payout ratio (DPR) is presently 44.20%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SEE. Citigroup cut their price target on shares of Sealed Air from $44.00 to $42.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Mizuho dropped their target price 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. Wells Fargo & Company increased their price target on Sealed Air from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Wednesday. Truist Financial boosted their price target on Sealed Air from $41.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Finally, StockNews.com upgraded shares of 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 assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $40.17.

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.