On Friday, Sealed Air Corp. (NYSE: SEE) opened lower -3.94% from the last session, before settling in for the closing price of $33.52. Price fluctuations for SEE have ranged from $28.50 to $48.44 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 3.14% over the past five years. Company’s average yearly earnings per share was noted -10.08% at the time writing. With a float of $143.03 million, this company’s outstanding shares have now reached $144.47 million.
Let’s look at the performance matrix of the company that is accounted for 17000 employees.
Sealed Air Corp. (SEE) Insider Updates
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 1.02%, while institutional ownership is 94.66%. The most recent insider transaction that took place on Sep 08 ’23, 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.08% 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 20.22% 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 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85. Likewise, its price to free cash flow for the trailing twelve months is 17.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 3.27 in one year’s time.
Technical Analysis of Sealed Air Corp. (SEE)
Sealed Air Corp. (NYSE: SEE) saw its 5-day average volume 1.61 million, a positive change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 12.28%. Additionally, its Average True Range was 1.17.
During the past 100 days, Sealed Air Corp.’s (SEE) raw stochastic average was set at 10.46%, which indicates a significant increase from 3.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.61% in the past 14 days, which was higher than the 33.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.40, while its 200-day Moving Average is $35.72. Nevertheless, the first resistance level for the watch stands at $32.92 in the near term. At $33.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.09. If the price goes on to break the first support level at $31.75, it is likely to go to the next support level at $31.31. Assuming the price breaks the second support level, the third support level stands at $30.58.
Sealed Air Corp. (NYSE: SEE) Key Stats
There are currently 144,494K shares outstanding in the company with a market cap of 4.65 billion. Presently, the company’s annual sales total 5,489 M according to its annual income of 341,600 K. Last quarter, the company’s sales amounted to 1,378 M and its income totaled 124,000 K.
