Sealed Air Corp (NYSE: SEE) is -6.19% lower on its value in year-to-date trading and has touched a low of $30.87 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 $34.29 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $34.26, the stock is -3.81% and -4.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -0.09% at the moment leaves the stock -3.41% off its SMA200. SEE registered -5.72% loss for a year compared to 6-month gain of -1.52%. The firm has a 50-day simple moving average (SMA 50) of $35.8694 and a 200-day simple moving average (SMA200) of $35.4705.
The stock witnessed a -4.70% loss in the last 1 month and extending the period to 3 months gives it a -6.57%, and is 0.85% up 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 1.80% over the week and 2.27% over the month.
Sealed Air Corp (SEE) has around 17000 employees, a market worth around $4.99B and $5.40B in sales. Current P/E ratio is 12.63 and Fwd P/E is 10.86. Profit margin for the company is 7.31%. Distance from 52-week low is 10.98% and -16.72% from its 52-week high. The company has generated returns on investments over the last 12 months (7.62%).
with sales reaching $1.37B over the same period.The EPS is expected to shrink by -3.51% this year, but quarterly earnings will post -1.76% year-over-year. Quarterly sales are estimated to shrink -0.62% in year-over-year returns.
Sealed Air Corp (SEE) Top Institutional Holders
611.0 institutions hold shares in Sealed Air Corp (SEE), with institutional investors hold 98.08% of the company’s shares. The shares outstanding are 145.69M, and float is at 143.06M with Short Float at 3.19%. Institutions hold 96.95% 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
#####
