Sealed Air Corporation (SEE) Shares: Cheap or Risky?

Sealed Air Corporation (NYSE:SEE) saw a downside of -0.09% to close Monday at $57.15 after subtracting -$0.05 on the day. The 5-day average trading volume is 1,262,940 shares of the company’s common stock. It has gained $58.44 in the past week. An average of 1,048,920 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 867,388.

SEE’s 1-month performance is -1.60% or -$0.93 on its low of $54.51 reached on 10/01/21. The company’s shares have touched a 52-week low of $39.18 and high of $62.04, with the stock’s rally to the 52-week high happening on 09/01/21. YTD, SEE has achieved 24.81% or $11.36. However, the current price is down -7.88%% from the 52-week high price.


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Insider Transactions

On Nov 09, 337 days have gone by since the last insider trading activity for Sealed Air Corporation (SEE). Chammas Emile Z. (Senior Vice President) most recently sold 30,000 shares at $43.16 per share on Nov 09. This transaction cost the insider $1,294,800. Senior Vice President, Deily Karl R, sold 9,250 shares at a price of $40.14 on Nov 02.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 36.27 and a low of 8.030. SEE stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.67 while the price-to-book (PB) in the most recent quarter is 92.18, with the price to cash flow ratio at 20.37.

Sealed Air Corporation pays an annual dividend of $0.80 per share. Its dividend yield is 1.40% and the payout ratio is 21.20%. SEE’s most recent quarterly dividend payment was made on Sep. 17, when it paid $0.20 a share compared with prior rate of $0.20, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.04 reported on Tuesday May 18 2021.

It is projected that Sealed Air Corporation’s next ex-dividend date will be on 2-Dec-2021. SEE is expected to distribute $0.20 as its next dividend.

Sealed Air Corporation’s quick ratio for the period ended June 29 was 0.80, with the current ratio over the same period at 1.30 meaning that SEE stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 39.57, while the total debt to equity was 39.82. In terms of profitability, the gross margin trailing 12 months is 31.50%. The trailing 12-month EBITDA margin is 20.26% while for the period ending June 29; Sealed Air Corporation’s operating margin was 15.70%. The firm’s gross profit as reported stood at $1.61 billion against revenue of $4.9 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected SEE to announce $0.78 per share in earnings in its latest quarter, but it posted $0.79, representing a 1.30% surprise. EBITDA for the quarter stood at more than $242.6 million. SEE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.91 billion, with total debt at $3.81 billion. Shareholders hold equity totaling $149.89 million

Technical Picture

Let’s look briefly at Sealed Air Corporation (SEE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 52.49% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.24%.

The stock’s 5-day moving average is $57.08, reflecting a +2.13% or $1.19 change from its current price. SEE is currently trading -1.16% above its 20-day SMA, +3.51% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +0.70% and +23.59% respectively.

Stochastic %K and %D was 70.99% and 68.60% and the average true range (ATR) pointed at 1.18. The RSI (14) points at 48.93%, while the 14-day stochastic is at 67.18% with the period’s ATR at 1.14. The stock’s 9-day MACD Oscillator is pointing at 0.94 and 0.74 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Sealed Air Corporation (NYSE: SEE), Truist launched coverage with a Buy rating. Analysts offering their rating for SEE stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SEE as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 9 have offered a “buy” rating.

What is SEE’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $56.00 and a high of $72.00, with their median price target at $70.00. Looking at these predictions, the average price target given by analysts is for Sealed Air Corporation (SEE) stock is $66.92.

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