Sealed Air (SEE) Receives Daily News Impact Rating of 0.23

Media stories about Sealed Air (NYSE:SEE) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sealed Air earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.5625251933254 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Sealed Air (SEE) traded down $1.15 on Wednesday, hitting $48.51. 3,267,376 shares of the company were exchanged, compared to its average volume of 2,210,358. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.34 and a current ratio of 1.70. The stock has a market capitalization of $8,960.00, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 6.84 and a beta of 1.23. Sealed Air has a one year low of $41.22 and a one year high of $50.62.

Sealed Air (NYSE:SEE) last posted its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.11 billion. Sealed Air had a net margin of 20.15% and a return on equity of 67.60%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 earnings per share. research analysts predict that Sealed Air will post 1.8 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Thursday, November 30th. Sealed Air’s payout ratio is 61.54%.

A number of brokerages have recently commented on SEE. Vertical Research lowered shares of Sealed Air from a “buy” rating to a “hold” rating in a research note on Wednesday. Robert W. Baird reiterated a “buy” rating and issued a $55.00 price target on shares of Sealed Air in a research note on Friday, September 1st. Barclays upgraded shares of Sealed Air from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $46.00 to $53.00 in a research note on Friday, December 15th. Royal Bank of Canada reiterated a “hold” rating and issued a $45.00 price target on shares of Sealed Air in a research note on Wednesday, September 13th. Finally, Bank of America upgraded shares of Sealed Air from a “neutral” rating to a “buy” rating and set a $48.00 price target for the company in a research note on Thursday, September 21st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. Sealed Air presently has an average rating of “Hold” and an average target price of $49.42.

In related news, SVP Emile Z. Chammas sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $45.24, for a total value of $271,440.00. Following the transaction, the senior vice president now owns 142,077 shares of the company’s stock, valued at $6,427,563.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO William G. Stiehl sold 3,000 shares of Sealed Air stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $48.98, for a total transaction of $146,940.00. Following the transaction, the chief financial officer now directly owns 34,797 shares in the company, valued at approximately $1,704,357.06. The disclosure for this sale can be found here. Company insiders own 1.05% of the company’s stock.

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Sealed Air Company Profile

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions.

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