SEE - Sealed Air Corporation

NYSE - NYSE Delayed Price. Currency in USD
42.38
+0.39 (+0.93%)
At close: 4:02PM EDT
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Previous Close41.99
Open42.24
Bid40.76 x 900
Ask42.39 x 900
Day's Range41.85 - 42.61
52 Week Range30.22 - 47.13
Volume1,013,395
Avg. Volume1,251,580
Market Cap6.549B
Beta (3Y Monthly)1.05
PE Ratio (TTM)17.89
EPS (TTM)2.37
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield0.64 (1.52%)
Ex-Dividend Date2019-09-05
1y Target Est47.07
Trade prices are not sourced from all markets
  • SEE Shareholder Alert: Research Firm Accuses Sealed Air Corporation (SEE) Of Abusing Non-GAAP Measures
    PR Newswire

    SEE Shareholder Alert: Research Firm Accuses Sealed Air Corporation (SEE) Of Abusing Non-GAAP Measures

    SAN FRANCISCO , Aug. 15, 2019 /PRNewswire/ -- Hagens Berman reminds investors in Sealed Air Corporation (NYSE: SEE) of the firm's ongoing investigation of possible disclosure violations. If you purchased ...

  • GlobeNewswire

    ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Continues to Investigate Securities Claims Against Sealed Air Corporation – SEE

    NEW YORK, Aug. 15, 2019 -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Sealed Air.

  • GlobeNewswire

    Glancy Prongay & Murray LLP Continues Investigation on Behalf of Sealed Air Corporation Investors (SEE)

    Glancy Prongay & Murray LLP (“GPM”) announces the continuation of its investigation on behalf of Sealed Air Corporation (“Sealed Air” or the “Company”) (NYSE: SEE) investors concerning the Company and its officers’ possible violations of federal securities laws. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. On June 20, 2019, after the market closed, the Company announced that it had terminated for cause its Chief Financial Officer, following an internal review by the Audit Committee.

  • GlobeNewswire

    INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Sealed Air Corporation Investors (SEE)

    BENSALEM, Pa., Aug. 14, 2019 -- Law Offices of Howard G. Smith announces the continuation of its investigation on behalf of Sealed Air Corporation (“Sealed Air” or the.

  • Sealed Air (SEE) Stock Rallies 28% YTD: What's Driving it?
    Zacks

    Sealed Air (SEE) Stock Rallies 28% YTD: What's Driving it?

    Better-than-expected Q2 earnings and upbeat outlook contributed to the impressive rally of Sealed Air's (SEE) shares.

  • Reasons to Add Sealed Air (SEE) Stock to Your Portfolio Now
    Zacks

    Reasons to Add Sealed Air (SEE) Stock to Your Portfolio Now

    Sealed Air's (SEE) focus on innovations, growth in the fresh food and e-commerce market, restructuring actions and acquisitions will drive growth.

  • Thomson Reuters StreetEvents

    Edited Transcript of SEE earnings conference call or presentation 2-Aug-19 2:00pm GMT

    Q2 2019 Sealed Air Corp Earnings Call

  • PR Newswire

    SEE INVESTIGATION UPDATE: Hagens Berman Reminds Sealed Air Corporation (SEE) Investors of Ongoing Investigation

    SAN FRANCISCO, Aug. 7, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds investors in Sealed Air Corporation (SEE) of the firm's ongoing investigation of possible disclosure violations. The firm's investigation concerns the veracity of Sealed Air's financial reporting, which has given rise to intense regulatory scrutiny, an internal audit committee investigation, and the firing of the Company's Chief Financial Officer.

  • Top Ranked Growth Stocks to Buy for August 7th
    Zacks

    Top Ranked Growth Stocks to Buy for August 7th

    Top Ranked Growth Stocks to Buy for August 7th

  • Response to Sealed Air’s Q2 (Almost) Makes SEE Stock a Top Bet
    InvestorPlace

    Response to Sealed Air’s Q2 (Almost) Makes SEE Stock a Top Bet

    Sealed Air (NYSE:SEE) is never going to be pegged as a high-growth name. The current SEE stock price, near $44, although well up from December's low, is also well below the mid-2015 high near $56. The long-term downtrend is intact to be sure.Source: Shutterstock Sealed Air stock has done what most other stocks have been unable to do over the course of the past couple of trading days though. That is, overcome a market-wide bearish tide in response to last quarter's results. * 10 Generation Z Stocks to Buy Long One or two good days doesn't make a trend. But, all trends start out with one or two good days. If nothing else, the strength SEE stock has demonstrated of late, and the technical context behind it, suggests this name could be a good place to shield yourself from the latest wave of global economic turbulence.InvestorPlace - Stock Market News, Stock Advice & Trading Tips SEE Stock Price Soars on EarningsA new batch of tariffs on Chinese-made goods got the blame, and undoubtedly the added costs they'll impose on consumers and corporations will further stymie the economy. The broad market was due for a setback anyway, up 27% from December's low. Traders were just waiting for the right catalyst, already dragging the market lower before the announcement was made.SEE stock wasn't immune to that weakness either, peeling back from technical resistance early last week in front of Friday morning's second quarter report.Right on cue, a healthy Q2 print spurred a 7.7% bounce on Friday to test another recently-developed technical ceiling. Earnings of 80 cents per share of Sealed Air stock versus expectations of only 64 cents incited immediate buying, bolstered by an improved outlook. Full-year earnings guidance of between $2.65 and $2.75 was lifted to a range of between $2.70 and 2.80 per share. Sealed Air stock was down modestly on Monday, though the SEE stock price remains within reach of another breakout thrust that could pull it out of a multi-week lull.The persistent strength is a breath of fresh air, though suspicious given the backdrop. There's a double-barreled logic to the bullishness that suggests Sealed Air is a top name to own here and now. Two Reasons Sealed Air is ImmuneSealed Air makes packaging solutions, ranging from bubble wrap to fresh meat trays to IV bags. It competes directly and indirectly with the likes of Packaging Corp of America (NYSE:PKG) and Ball Corporation (NYSE:BLL), and while it's not a terribly crowded arena, it's a slow-growth business. Not counting its impending acquisition of Automated Packaging Systems, This year's top line is expected to only grow around 2%. Next year's projected revenue growth is on the order of 4%.SEE is a business that could prove something of a safe-haven in the coming months for a couple of key reasons.One of those reasons is the stability of the packaging business itself.The tariff war to date has primarily targeted technology, materials and foods. Sealed Air has a hand in some affected industries, but doesn't rely heavily on them. And, to the extent it does count on certain business focuses remaining robust, its role as a packager is largely unaffected by price changes for what's inside the package. It would take an outright recession to meaningfully impact Sealed Air's business.Second, it's not terribly reliant on China and other Asian countries for revenue. North America alone made up just under 60% of last quarter's total business, while its Asia and Pacific arm only made up less than 15% of its revenue in Q2. Automated Packaging Systems derives three-fourths of its revenue from North American customers, which will keep it primarily a domestic business.A more self-sufficient business environment with the United States actually plays into the hand Sealed Air is holding. What Next for Sealed Air Stock? Click to EnlargeThe unusual bullish argument may hold water in light of the unusual market circumstances, though that means little until and unless traders have good reason to expect more upside. And so far, they don't.That could change rather readily.In the very near term, the line in the sand is around $44.50, where SEE stock peaked in July as well as on Friday and Monday. A break above that level could be seen as more convincing proof of a breakout move, and inspire some new bulls that are still on the sidelines. Click to EnlargeBeyond that, the technical ceiling that has been guiding Sealed Air shares lower since 2015 has yet to be breached. It's at $46 right now. If the SEE stock price can punch through that resistance, look for investors and the financial media to start throwing around the rhetoric that sounds a whole lot like the bullish thesis just now laid out.In the absence of that technical progress, Sealed Air stock remains mostly a question mark despite its underappreciated resilience.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cyclical Stocks to Buy (or Sell) Now * 7 Biotech ETFs That Should Remain Healthy * 7 of the Hottest AI Stocks to Buy Now The post Response to Sealed Air's Q2 (Almost) Makes SEE Stock a Top Bet appeared first on InvestorPlace.

  • At US$43.84, Is It Time To Put Sealed Air Corporation (NYSE:SEE) On Your Watch List?
    Simply Wall St.

    At US$43.84, Is It Time To Put Sealed Air Corporation (NYSE:SEE) On Your Watch List?

    Sealed Air Corporation (NYSE:SEE), which is in the packaging business, and is based in United States, saw significant...

  • Sealed Air Corp (SEE) Q2 2019 Earnings Call Transcript
    Motley Fool

    Sealed Air Corp (SEE) Q2 2019 Earnings Call Transcript

    SEE earnings call for the period ending June 30, 2019.

  • Business Wire

    Sealed Air Announces Upcoming Event with the Financial Community

    Sealed Air Corporation announced today that it will participate in the following event with the financial community:

  • Sealed Air Earnings Lift Packaging and Container Stocks
    Investopedia

    Sealed Air Earnings Lift Packaging and Container Stocks

    Solid earnings from Sealed Air renewed buying interest in packaging and container stocks. Play the leading names using these tactics.

  • GuruFocus.com

    Global Markets Down on Friday

    Pinterest climbs 18% Continue reading...

  • Sealed Air turns over documents in SEC, DOJ investigations
    American City Business Journals

    Sealed Air turns over documents in SEC, DOJ investigations

    Sealed Air acknowledges federal subpoenas and information requests in the wake of its CFO firing, while the Charlotte manufacturer reported strong earnings and the closing of a major acquisition in the second quarter in its latest quarterly report.

  • What's in Store for Plug Power (PLUG) This Earnings Season?
    Zacks

    What's in Store for Plug Power (PLUG) This Earnings Season?

    High operating expenses and unfavorable foreign exchange movements will weigh on Plug Power's (PLUG) second-quarter results.

  • Emerson (EMR) to Report Q3 Earnings: Beat in the Cards?
    Zacks

    Emerson (EMR) to Report Q3 Earnings: Beat in the Cards?

    Emerson's (EMR) third-quarter fiscal 2019 earnings are likely to gain from strength in the Automation Solutions and Commercial & Residential Solutions segments.

  • Sealed Air's (SEE) Earnings Trump Estimates in Q2, View Up
    Zacks

    Sealed Air's (SEE) Earnings Trump Estimates in Q2, View Up

    Sealed Air (SEE) puts up a stellar performance on strong execution of the company's Reinvent SEE strategy in Q2.

  • Sealed Air (SEE) Q2 Earnings Top Estimates
    Zacks

    Sealed Air (SEE) Q2 Earnings Top Estimates

    Sealed Air (SEE) delivered earnings and revenue surprises of 25.00% and -0.49%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Benzinga

    Sealed Air Reports Mixed Q2 Earnings, Raises Guidance

    Sealed Air (NYSE: SEE ) reported second-quarter earnings of 80 cents per share, which beat the analyst consensus estimate of 64 cents by 25%. This is a 25% increase over earnings of 64 cents per share ...

  • Business Wire

    Sealed Air Reports Second Quarter Results

    Solid Q2, closes APS acquisition fueling growth, raises Adj. EBITDA & EPS guidance

  • Benzinga

    Sealed Air's Q2 Earnings Preview

    Sealed Air (NYSE: SEE ) releases its next round of earnings this Friday, August 2. Here's Benzinga's essential guide to Sealed Air's Q2 earnings report. Earnings and Revenue Analysts predict Sealed Air ...

  • Sealed Air Will Probably Beat on Earnings, But That Won’t Save SEE Stock
    InvestorPlace

    Sealed Air Will Probably Beat on Earnings, But That Won’t Save SEE Stock

    Sealed Air (NYSE:SEE) stock will report earnings on Aug. 2 before the opening bell. The Charlotte-based packaging company may not always make the headlines every day, but it performs a function critical to modern life. It provides packaging materials for both food and the shipping of goods. Most Americans know the company for its Bubble Wrap and Cryovac food packaging materials.Source: Shutterstock While the company's products add value to consumers, shareholder return has long proved more elusive. The stock broke out of its long-held range in 2014, only to set a new record high the next year and pull back. Rising profit forecasts show some potential for return. Still, traders should assume that current ranges will define SEE stock until proven otherwise. Expect Flat Earnings, Revenue NumbersWall Street forecasts earnings of 64 cents per share. If this number holds, it will represent no change from the same quarter last year. Analysts also expect revenues of $1.17 billion. The company brought in $1.16 in the year-ago quarter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSEE stock has beaten earnings estimates in each of the previous seven quarters. However, Sealed Air missed on revenues in the last quarter. They blamed this on currency fluctuations. That began a correction phase in the stock throughout May. It has since recovered most of the losses. Still, the current SEE stock price of around $44 per share comes in below the $46.62 per share level it saw before the last earnings report. It has also experienced analyst downgrades and a firing in the C-suite during this time. * 10 Companies I'd Love to See Go Public Profit Growth May Not Lead to Stock GainsAmid this turbulence, the company has improved profit growth. Over the previous five years, earnings grew at an average rate of 4.5%. However, profits growth has accelerated. Consequently, analysts now expect earnings to increase by 9.2% this year and 11% in fiscal 2020. This outperforms peers such as International Paper (NYSE:IP), Amcor (NYSE:AMCR) or Owens-Illinois (NYSE:OI). One could make an argument that its forward price-to-earnings ratio should move higher than the current 14.5 with the faster profit increases.Unfortunately, this improvement has so far done little to improve the SEE stock price. SEE peaked at almost $56 per share in the summer of 2015. Since that time, it has seen a gradual downward slide. It has also not made it above $50 since that time.Even more worrisome, SEE stock has a long history of range-bound trading. SEE peaked at $35 per share in 1998. It did not move beyond that level until 2014! Unfortunately for bulls, SEE again appears stuck in a range. Long-term holders will receive a little consolation for its rising dividend. Still, at a yield of just under 1.5%, few will buy the equity for these payouts. Should I Buy SEE Stock Before Earnings?Given the history of Sealed Air stock, I would not buy this equity going into earnings. I say that not so much because of the quarter. Despite zero profit growth for this particular quarter, overall profit increases look poised to break into the double digits next year.What traders need is to see if SEE stock breaks its old highs. Twice in 2017, SEE pulled back right as it approached the $50 per share level. If it can then break that level, the next test would come at the $56 per share level. Perhaps the rising yearly profits will finally force the price ceilings to break. However, with the extensive history of trading in a range, investors should treat this as a range-bound stock until it proves itself otherwise.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Small-Cap Stocks to Buy Before They Grow Up * 7 Stocks to Buy With Over 20% Upside From Current Levels * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Sealed Air Will Probably Beat on Earnings, But That Won't Save SEE Stock appeared first on InvestorPlace.

  • GlobeNewswire

    ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Sealed Air Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sealed Air Corporation (“Sealed Air” or “the Company”) (NYSE: SEE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sealed Air announced after the market closed on June 20, 2019, that the Company had fired CFO Bill Stiehl.