Sealed Air Corp. (NYSE: SEE) is -2.98% lower on its value in year-to-date trading and has touched a low of $28.50 and a high of $41.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SEE stock was last observed hovering at around $34.99 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $35.43, the stock is 1.75% and 1.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 1.26% at the moment leaves the stock -0.26% off its SMA200. SEE registered 11.07% gain for a year compared to 6-month gain of 8.48%. The firm has a 50-day simple moving average (SMA 50) of $34.8228 and a 200-day simple moving average (SMA200) of $35.518.
The stock witnessed a 3.45% loss in the last 1 month and extending the period to 3 months gives it a 2.52%, and is -3.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.06% over the week and 2.15% over the month.
Sealed Air Corp. (SEE) has around 17000 employees, a market worth around $5.16B and $5.43B in sales. Current P/E ratio is 14.16 and Fwd P/E is 11.13. Profit margin for the company is 6.69%. Distance from 52-week low is 24.32% and -13.88% from its 52-week high. The company has generated returns on investments over the last 12 months (7.05%).
with sales reaching $1.35B over the same period.The EPS is expected to shrink by -5.30% this year, but quarterly earnings will post -1.70% year-over-year.
Sealed Air Corp. (SEE) Top Institutional Holders
597.0 institutions hold shares in Sealed Air Corp. (SEE), with institutional investors hold 96.92% of the company’s shares. The shares outstanding are 144.47M, and float is at 143.93M with Short Float at 4.22%. Institutions hold 95.85% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 27.8 million shares valued at $967.0 million. The investor’s holdings represent 19.1823% of the SEE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.18 million shares valued at $597.85 million to account for 11.8597 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 13.17 million shares representing 9.0912% and valued at over $458.3 million, while HARRIS ASSOCIATES L P holds 3.9811 of the shares totaling 5.77 million with a market value of $200.69 million.
Sealed Air Corp. (SEE) Insider Activity
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