Sealed Air Corporation which can be found using ticker (SEE) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 66 and 52 suggesting an average Analsyt target price of $58.00. Now with the previous closing price of $42.69 and the analysts are correct then there would likely be a percentage uptick in value of 35.9%. The day 50 moving average is $49.89 and the 200 moving average now moves to $51.90. The company has a market cap of $6,162m. Find out more information at: https://www.sealedair.com
The potential market cap would be $8,371m 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 1.87% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 12.81, revenue per share of 38.67 and a 9.6% return on assets.
