Sealed Air (SEE) Earning Somewhat Favorable News Coverage, Analysis Finds

Media headlines about Sealed Air (NYSE:SEE) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sealed Air earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.5113422486808 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

SEE has been the topic of a number of research reports. TheStreet raised shares of Sealed Air from a “c+” rating to a “b-” rating in a research report on Thursday, November 30th. SunTrust Banks reissued a “buy” rating and issued a $48.00 price objective on shares of Sealed Air in a research report on Friday, November 10th. Bank of America raised shares of Sealed Air from a “neutral” rating to a “buy” rating and set a $48.00 price objective on the stock in a research report on Thursday, September 21st. Barclays boosted their price objective on shares of Sealed Air from $45.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research raised shares of Sealed Air from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $49.42.

Sealed Air (NYSE SEE) traded down $0.68 during midday trading on Tuesday, reaching $48.97. 2,580,000 shares of the company’s stock traded hands, compared to its average volume of 2,440,000. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.70 and a quick ratio of 1.34. Sealed Air has a 1 year low of $41.22 and a 1 year high of $50.62. The company has a market capitalization of $8,830.00, a price-to-earnings ratio of 47.09, a P/E/G ratio of 5.17 and a beta of 1.24.

Sealed Air (NYSE:SEE) last posted its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.46. Sealed Air had a net margin of 20.15% and a return on equity of 67.60%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the firm posted $0.41 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. sell-side analysts expect that Sealed Air will post 1.8 EPS for the current fiscal year.

In other Sealed Air news, CFO William G. Stiehl sold 3,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $48.98, for a total transaction of $146,940.00. Following the sale, the chief financial officer now directly owns 34,797 shares of the company’s stock, valued at $1,704,357.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Emile Z. Chammas sold 6,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $45.24, for a total transaction of $271,440.00. Following the sale, the senior vice president now directly owns 142,077 shares in the company, valued at $6,427,563.48. The disclosure for this sale can be found here. Corporate insiders own 1.05% of the company’s stock.

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About Sealed Air

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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