A new trading day began on Tuesday, with Sealed Air Corp. (NYSE: SEE) stock price down -0.57% from the previous day of trading, before settling in for the closing price of $31.66. SEE’s price has ranged from $28.50 to $48.44 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 3.14%. Meanwhile, its annual earnings per share averaged -10.30%. With a float of $143.03 million, this company’s outstanding shares have now reached $144.47 million.
Let’s determine the extent of company efficiency that accounts for 17000 employees.
Sealed Air Corp. (SEE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaging & Containers Industry. The insider ownership of Sealed Air Corp. is 1.01%, while institutional ownership is 94.64%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -10.30% 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
Here are Sealed Air Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 16.72.
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)
Looking closely at Sealed Air Corp. (NYSE: SEE), its last 5-days average volume was 1.41 million, which is a drop from its year-to-date volume of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 22.20%. Additionally, its Average True Range was 1.02.
During the past 100 days, Sealed Air Corp.’s (SEE) raw stochastic average was set at 8.05%, which indicates a significant decrease from 15.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.18% in the past 14 days, which was lower than the 32.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.90, while its 200-day Moving Average is $35.43. However, in the short run, Sealed Air Corp.’s stock first resistance to watch stands at $31.85. Second resistance stands at $32.22. The third major resistance level sits at $32.49. If the price goes on to break the first support level at $31.21, it is likely to go to the next support level at $30.94. Should the price break the second support level, the third support level stands at $30.57.
Sealed Air Corp. (NYSE: SEE) Key Stats
With a market capitalization of 4.55 billion, the company has a total of 145,607K Shares Outstanding. Currently, annual sales are 5,489 M while annual income is 341,600 K. The company’s previous quarter sales were 1,378 M while its latest quarter income was 124,000 K.
