Sealed Air Corporation (SEE)

NYSE: SEE · IEX Real-Time Price · USD
38.62
+0.50 (1.31%)
May 14, 2024, 4:00 PM EDT - Market closed
1.31%
Market Cap 5.62B
Revenue (ttm) 5.47B
Net Income (ttm) 361.70M
Shares Out 145.62M
EPS (ttm) 2.49
PE Ratio 15.51
Forward PE 12.70
Dividend $0.80 (2.07%)
Ex-Dividend Date Mar 7, 2024
Volume 1,565,314
Open 38.72
Previous Close 38.12
Day's Range 38.23 - 38.79
52-Week Range 28.50 - 47.12
Beta 1.32
Analysts Buy
Price Target 44.67 (+15.67%)
Earnings Date May 2, 2024

About SEE

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, C... [Read more]

Founded 1960
Employees 17,000
Stock Exchange NYSE
Ticker Symbol SEE
Full Company Profile

Financial Performance

In 2023, Sealed Air's revenue was $5.49 billion, a decrease of -2.71% compared to the previous year's $5.64 billion. Earnings were $341.60 million, a decrease of -30.51%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SEE stock is "Buy." The 12-month stock price forecast is $44.67, which is an increase of 15.67% from the latest price.

Price Target
$44.67
(15.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEE

NEW YORK , May 6, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sealed Air Corporation ("Sealed Air" or the "Company") (NYSE: SEE). Such investors are advised to...

8 days ago - PRNewsWire

Atlas Holdings Announces the Sale of NPX One

GREENWICH, Conn.--(BUSINESS WIRE)--Atlas Holdings (“Atlas”) announced today the sale of NPX One, a leading manufacturer and the second largest supplier of polystyrene trays for fresh protein in the U....

12 days ago - Business Wire

SEE Reports Q1 2024 Results

Reaffirms 2024 Full Year Outlook Net sales of $1.33 billion, down 1% as reported and constant currency Volumes flat compared to the prior year Net earnings of $83 million, up 33% Adjusted EBITDA of $2...

12 days ago - PRNewsWire

ATTENTION Sealed Air Corporation Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESSWIRE / April 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possi...

4 weeks ago - Accesswire

Levi & Korsinsky Reminds Shareholders of an Investigation into Sealed Air Corporation (SEE) Regarding Potential Securities Fraud Allegations

NEW YORK, NY / ACCESSWIRE / April 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possi...

4 weeks ago - Accesswire

Investors who lost money on Sealed Air Corporation should contact Levi & Korsinsky about an ongoing investigation - SEE

NEW YORK, NY / ACCESSWIRE / April 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sealed Air Corporation ("Sealed Air Corporation") (NYSE:SEE) concerning possi...

4 weeks ago - Accesswire

SHAREHOLDER ALERT: POMERANTZ LAW Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEE

NEW YORK , April 12, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sealed Air Corporation ("Sealed Air" or the "Company") (NYSE: SEE). Such investors are advised...

4 weeks ago - PRNewsWire

SEE to Hold Conference Call to Discuss First Quarter 2024 Results

CHARLOTTE, N.C. , April 2, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its first quarter 2024 results at approximately 7:00 a.m.

6 weeks ago - PRNewsWire

SEE Upcoming Event with the Financial Community

CHARLOTTE, N.C, Feb. 29, 2024 /PRNewswire/ -- SEE (NYSE: SEE) will participate in the following event: 2024 Raymond James 45th Institutional Investors Conference – March 5, 2024, Orlando, FL 11:00 am ...

2 months ago - PRNewsWire

SEE Reports Q4, Full Year 2023 Results and Provides 2024 Outlook

Net sales in Q4 of $1.4 billion, down 2% as reported; flat constant currency and in 2023 of $5.5 billion, down 3% as reported; down 1% constant currency Net earnings in Q4 of $125 million, up 32%, and...

2 months ago - PRNewsWire

SEE Declares Quarterly Cash Dividend

CHARLOTTE, N.C., Feb. 22, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share.

2 months ago - PRNewsWire

SEE Launches Compostable Protein Packaging Tray at IPPE 2024

Sustainable Retail Packaging Solution Replaces EPS On Processor Production Lines CHARLOTTE, N.C. , Jan. 29, 2024 /PRNewswire/ -- In its continuing pursuit to develop packaging materials that meet the ...

3 months ago - PRNewsWire

SEE to Hold Conference Call to Discuss Fourth Quarter and Full Year 2023 Results and 2024 Outlook

CHARLOTTE, N.C. , Jan. 23, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its fourth quarter and full year 2023 results and 2024 outlook at approximately 7:00 a.m.

4 months ago - PRNewsWire

Small-Cap Stocks Are Super Cheap Again. 7 Picks From Citi.

They have priced in much—if not all—of the negative news, and could reverse soon.

Other symbols: ALLYCNHIFLNCKEYRHXPO
4 months ago - Barrons

Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

Other symbols: ALKAWIBLDRCYHEQHFIXHLI
5 months ago - PRNewsWire

SEE Announces Closing of Offering of Senior Notes

CHARLOTTE, N.C., Nov. 20, 2023 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), the closing of ...

6 months ago - PRNewsWire

SEE Announces Expiration and Results of Offer to Purchase 5.125% Senior Notes due 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (“SEE”) (NYSE: SEE) today announced that its previously announced cash tender offer (the “Tender Offer”) for any and all of its 5.125% senior n...

6 months ago - Business Wire

SEE Announces the Total Consideration for Its Offer to Purchase 5.125% Notes Due 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (“SEE”) (NYSE: SEE) today announced the total consideration (the “Total Consideration”) relating to its previously announced cash tender offer ...

6 months ago - Business Wire

SEE Announces Pricing of Senior Notes

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (“SEE”) (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the “Issuers”), the pricing of the Issuers' ...

6 months ago - Business Wire

SEE Announces Offering of Senior Notes

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (“SEE”) (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the “Issuers”), that the Issuers commenced a...

6 months ago - Business Wire

SEE Announces Cash Tender Offer For Any and All 5.125% Senior Notes Due 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (“SEE”) (NYSE: SEE) today announced that it has commenced a cash tender offer (the “Tender Offer”) for any and all of its outstanding 5.125% Se...

6 months ago - Business Wire

SEE Reports Q3 2023 Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--SEE (NYSE: SEE) announced financial results for Q3 2023. “Our third quarter results were in line with our expectations and reflect continued weakness in our end-marke...

6 months ago - Business Wire

SEE Announces Leadership Transition

CHARLOTTE, N.C.--(BUSINESS WIRE)--SEE (NYSE: SEE) today announced that its Board of Directors and Ted Doheny have mutually agreed to transition SEE's leadership. Mr. Doheny has stepped down as Preside...

7 months ago - Business Wire

Will Sealed Air Stock Rebound To Its Pre-Inflation Shock Highs Of $70?

The recent stock decline can partly be attributed to weak packaging demand and the company's lowering of its full-year 2023 guidance.

7 months ago - Forbes

SEE to Hold Conference Call to Discuss Third Quarter 2023 Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--SEE (NYSE: SEE) announced today that it will release its third quarter 2023 results at approximately 7:00 a.m. (ET) on Thursday, November 2, 2023 and will host a conf...

8 months ago - Business Wire