Sealed Air Corporation with ticker code (SEE) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 66 and 51 calculating the mean target price we have $58.33. Given that the stocks previous close was at $47.19 and the analysts are correct then we can expect a percentage increase in value of 23.6%. It’s also worth noting that there is a 50 day moving average of $46.93 and the 200 day MA is $50.72. The market cap for the company is $6,799m. Company Website: https://www.sealedair.com
The potential market cap would be $8,404m based on the market consensus.
Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and NewZealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and 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, and dairy markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides foam, inflatable, suspension and retention, temperature assurance packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, SEALED AIR, AUTOBAG, Instapak, Korrvu, Kevothermal, and TempGuard brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. Sealed Air Corporation was incorporated in 1960 and is headquartered in Charlotte, North Carolina.
The company has a dividend yield of 1.7% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 14.14, revenue per share of 38.67 and a 9.6% return on assets.
