On November 20, 2023, Sealed Air Corp. (NYSE: SEE) opened at $33.29, higher 0.93% from the last session. During the day, the shares moved up to $33.76 and dropped to $32.61 before settling in for the closing price of $33.30. Price fluctuations for SEE have ranged from $28.50 to $56.43 over the past 52 weeks.
A company in the Consumer Cyclical sector has jumped its sales by 4.89% annually for the last half of the decade. Company’s average yearly earnings per share was noted -28.86% at the time writing. With a float of $143.14 million, this company’s outstanding shares have now reached $144.67 million.
In an organization with 16300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +30.59, operating margin of +16.99, and the pretax margin is +12.93.
Sealed Air Corp. (SEE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Sealed Air Corp. is 0.90%, while institutional ownership is 94.79%. The most recent insider transaction that took place on Sep 08, was worth 338,500. In this transaction President and CEO of this company bought 10,000 shares at a rate of $33.85, taking the stock ownership to the 658,360 shares.
Sealed Air Corp. (SEE) Latest Financial update
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $0.77 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.62) by $0.15. This company achieved a net margin of +8.71 while generating a return on equity of 165.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.12% during the next five years compared to 30.04% growth over the previous five years of trading.
Sealed Air Corp. (NYSE: SEE) Trading Performance Indicators
Check out the current performance indicators for Sealed Air Corp. (SEE). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88. Likewise, its price to free cash flow for the trailing twelve months is 19.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.13, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 3.04 in one year’s time.
Technical Analysis of Sealed Air Corp. (SEE)
Let’s dig in a bit further. During the last 5-days, its volume was 2.26 million. That was better than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.23%. Additionally, its Average True Range was 1.19.
During the past 100 days, Sealed Air Corp.’s (SEE) raw stochastic average was set at 27.44%, which indicates a significant decrease from 72.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.00% in the past 14 days, which was higher than the 38.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.94, while its 200-day Moving Average is $40.29. However, in the short run, Sealed Air Corp.’s stock first resistance to watch stands at $34.04. Second resistance stands at $34.48. The third major resistance level sits at $35.19. If the price goes on to break the first support level at $32.89, it is likely to go to the next support level at $32.18. The third support level lies at $31.74 if the price breaches the second support level.
Sealed Air Corp. (NYSE: SEE) Key Stats
There are currently 144,436K shares outstanding in the company with a market cap of 4.85 billion. Presently, the company’s annual sales total 5,642 M according to its annual income of 491,600 K. Last quarter, the company’s sales amounted to 1,382 M and its income totaled 56,600 K.