Sealed Air (NYSE:SEE) Issues FY25 Earnings Guidance

Sealed Air (NYSE:SEE) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $2.90 to $3.30 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

SEE has been the topic of several analyst reports. Bank of America dropped their target price on Sealed Air from $42.00 to $39.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Mizuho dropped their price objective on shares of Sealed Air from $45.00 to $42.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Citigroup decreased their target price on shares of Sealed Air from $44.00 to $42.00 and set a “buy” rating for the company in a research note on Monday, January 6th. UBS Group raised their price target on shares of Sealed Air from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of Sealed Air from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Wednesday. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Sealed Air currently has an average rating of “Moderate Buy” and a consensus price target of $40.17.

Sealed Air Price Performance

Shares of SEE traded down $0.09 during mid-day trading on Thursday, hitting $33.52. 636,114 shares of the company were exchanged, compared to its average volume of 1,225,872. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 12.30 and a beta of 1.34. Sealed Air has a 1-year low of $30.87 and a 1-year high of $41.14. The company has a 50 day moving average of $34.13 and a 200-day moving average of $34.90. 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 results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $1.36 billion. During the same period in the previous year, the company posted $0.88 earnings per share. The business’s revenue was down .4% on a year-over-year basis. Analysts expect that Sealed Air will post 3.05 EPS for the current fiscal year.

Sealed Air Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Friday, March 14th. Sealed Air’s payout ratio is 44.20%.

About Sealed Air

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.