Sealed Air Corp (NYSE: SEE) is 2.57% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SEE stock was last observed hovering at around $34.48 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $34.70, the stock is 2.04% and -1.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 0.64% at the moment leaves the stock -1.80% off its SMA200. SEE registered -4.25% loss for a year compared to 6-month loss of -5.83%. The firm has a 50-day simple moving average (SMA 50) of $35.2596 and a 200-day simple moving average (SMA200) of $35.33585.
The stock witnessed a -3.50% gain in the last 1 month and extending the period to 3 months gives it a -0.83%, and is 3.03% 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 1.82% over the week and 2.21% over the month.
Sealed Air Corp (SEE) has around 17000 employees, a market worth around $5.06B and $5.40B in sales. Current P/E ratio is 12.79 and Fwd P/E is 11.06. Profit margin for the company is 7.31%. Distance from 52-week low is 12.41% and -15.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.62%).
with sales reaching $1.36B over the same period.The EPS is expected to shrink by -3.52% this year, but quarterly earnings will post -1.92% year-over-year. Quarterly sales are estimated to shrink -1.18% in year-over-year returns.
601.0 institutions hold shares in Sealed Air Corp (SEE), with institutional investors hold 98.26% of the company’s shares. The shares outstanding are 145.69M, and float is at 143.06M with Short Float at 3.67%. Institutions hold 97.13% 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.
