Sealed Air Corp (NYSE:SEE) shares traded 2.88% up during most recent session to reach at the closing price of $35.05. The stock exchanged hands 2.92 Million shares versus average trading capacity of 2.29 Million shares, yielding a market cap of $5.6 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $41.92 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sealed Air Corp (NYSE:SEE) high price target of $50 and with a conservative view have low price target of $35.
Citigroup “Maintained” Sealed Air Corp (NYSE:SEE) in a research note issued to investors on 11/02/18 to Neutral with price target of $37.
Additionally on 10/22/18 Barclays “Maintained” Sealed Air Corp (NYSE:SEE) to Overweight setting price target at $40 and on 10/18/18 Bank of America “Downgrades” the stock to Neutral at $40. Furthermore on 10/11/18 Citigroup “Maintained” the stock to Neutral at $42.
On the other hand the company has Relative Strength Index (RSI 14) of 53.8 along with Average True Range (ATR 14) of 1.13, Consequently Sealed Air Corp (NYSE:SEE)’s weekly and monthly volatility is 3.84%, 3.39% respectively. The company’s beta value is at 1.22.
In terms of Buy, Sell or Hold recommendations, Sealed Air Corp (NYSE:SEE) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Sealed Air Corp (NYSE:SEE)’s minimum EPS for the current quarter is at $0.64 and can go high up to $0.72. The consensus mean EPS for the current quarter is at $0.67 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.58 earnings per share for the same quarter during last year.
Previously Sealed Air Corp (NYSE:SEE) reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.6 by $0.01. The company posted an earnings surprise of 1.7%.
Sealed Air Corp (NYSE:SEE)’s revenue estimates for the current quarter are $1.25 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $1.3 Billion in contradiction of low revenue estimates of $1.21 Billion. For the current year the company’s revenue estimates are $4.72 Billion compared to low analyst estimates of $4.68 Billion and high estimates of $4.79 Billion according to 15 number of analysts.
Currently Sealed Air Corp (NYSE:SEE)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 98.6%. However the six-month change in the insider ownership was recorded -2.72%, as well as three-month change in the institutional ownership was recorded -0.68%.
Sealed Air Corp (NYSE:SEE)’s trailing twelve month revenues are $4.56 Billion, whereas its price to sales ratio for the same period is 1.23. Its book value per share for the most recent quarter is $-2.33 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $1.13, however its price to cash per share ratio for the same period is 31.12. The stock has 5 year expected PEG ratio of 1.46 whereas its trailing twelve month P/E ratio is 26.14.