Sealed Air Stock (NYSE:SEE), Trade Ideas

Sealed Air

Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.

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Sealed Air Corp (NYSE: SEE) shares were climbing in early trading on Monday.

Sealed Air&#39;s Recent Stock Sell-Off Was Overdone, Says Bullish Analyst

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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Sealed Air Corp

Origin Agritech Limited - Ordinary Shares

Origin Agritech Ltd

THEDIRECTORY.COM INC by TheDirectory.com, Inc.

TheDirectory.com Inc

Seelos Therapeutics Inc

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SEEING MACHINES LTD by Seeing Machines Ltd.

Seeing Machines Ltd

Seer Inc

Sealed Air Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/see#NYSE">SEE</a>) shares were <a href="https://www.benzinga.com/quote/SEE/news">climbing in early trading on Monday</a>.
The stock lost around 12% since March 28, versus a decline of about 1% in S&amp;P 500, due to investor concerns around volume headwinds and competitive pressures, according to Truist Securities.
The Sealed Air Analyst: Michael Roxland upgraded the rating for Sealed Air from Hold to Buy, while raising the price target from $39 to $44.
The Sealed Air Thesis: The market seemed&nbsp;to have &ldquo;overreacted&rdquo; to some of the company&rsquo;s &ldquo;transitory headwinds,&rdquo; Roxland said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
&ldquo;From our vantage point, nothing has changed post 4Q earnings in late February that would warrant such a sell-off,&rdquo; the analyst wrote. He added, however, that the resolution of the co-CEO structure could become a tailwind in the near term.
While Food volumes have weakened due to &ldquo;a softer U.S. cattle cycle,&rdquo; the segment still managed to generate an EBITDA margin of about 22.0% in 2023, Roxland stated. &ldquo;Meanwhile, volumes should begin to improve in 2024,&rdquo; driven by &ldquo;share gains in retail markets and continued growth in Liquibox (fluids &amp; liquids), which comprises ~8% of Food sales and ~5% of total company sales,&rdquo; he added.
SEE Price Action: Shares of Sealed Air had risen by 2.16% to $33.35&nbsp;at the time of publication on Monday.
Read Next:&nbsp;<a href="https://www.benzinga.com/top-stories/24/04/38143000/goldman-sachs-predicts-rosy-2024-economic-outlook-yet-a-challenging-q1-earnings-season-for-s-p-500-s">Goldman Sachs Predicts Rosy 2024 Economic Outlook, Yet A Challenging Q1 Earnings Season For S&amp;P 500 Stocks</a>
Photo: Shutterstock

Sealed Air's Recent Stock Sell-Off Was Overdone, Says Bullish Analyst

In the latest quarter, 4 analysts provided ratings for Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $41.25, a high estimate of $44.00, and a low estimate of $39.00. This current average reflects an increase of 3.98% from the previous average price target of $39.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1712577711_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A clear picture of Sealed Air's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Roxland</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$44.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Michael Roxland</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$39.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Gabe Hajde</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$43.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sealed Air. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sealed Air compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sealed Air's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SEE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sealed Air analyst ratings.</a>
<h2>All You Need to Know About Sealed Air</h2>
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
<h3>Sealed Air's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Sealed Air's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -2.02%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 9.0%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sealed Air's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 25.89% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Sealed Air's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.7% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Sealed Air's debt-to-equity ratio stands notably higher than the industry average, reaching 8.71. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Sealed Air

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Canaccord Genuity boosted the price target for CervoMed Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crvo#NASDAQ">CRVO</a>) from $50 to $65. Canaccord Genuity analyst Sumant Kulkarni maintained a Buy rating. CervoMed shares fell 5.3% to close at $20.50 on Friday. <a href="https://www.benzinga.com/quote/CRVO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna increased the price target for Transocean Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rig#NYSE">RIG</a>) from $5.5 to $9. Susquehanna analyst Charles Minervino upgraded the stock from Neutral to Positive. Transocean shares fell 0.2% to close at $6.53 on Friday. <a href="https://www.benzinga.com/quote/RIG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities raised Sealed Air Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/see#NYSE">SEE</a>) price target from $39 to $44. Truist Securities analyst Michael Roxland upgraded the stock from Hold to Buy. Sealed Air shares fell 1.7% to close at $32.66 on Friday. <a href="https://www.benzinga.com/quote/SEE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised the price target for Perrigo Company plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/prgo#NYSE">PRGO</a>) from $35 to $39. Piper Sandler analyst Korinne Wolfmeyer maintained an Overweight rating. Perrigo shares fell 0.2% to close at $31.40 on Friday. <a href="https://www.benzinga.com/quote/PRGO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho cut The Simply Good Foods Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smpl#NASDAQ">SMPL</a>) price target from $50 to $40. Mizuho analyst John Baumgartner maintained a Buy rating. Simply Good Foods shares fell 1.6% to close at $32.20 on Friday. <a href="https://www.benzinga.com/quote/SMPL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted Shockwave Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swav#NASDAQ">SWAV</a>) price target from $285 to $335. Morgan Stanley analyst Patrick Wood downgraded the stock from Overweight to Equal-Weight. Shockwave Medical shares gained 2% to close at $326.34 on Friday. <a href="https://www.benzinga.com/quote/SWAV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group raised the price target for The Walt Disney Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) from $115 to $130. Evercore ISI Group analyst Vijay Jayant maintained an Outperform rating. Disney shares rose 1.1% to close at $118.38 on Friday. <a href="https://www.benzinga.com/quote/DIS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Goldman Sachs raised BJ&#39;s Wholesale Club Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bj#NYSE">BJ</a>) price target from $81 to $87. Goldman Sachs analyst Kate McShane upgraded the stock from Neutral to Buy. BJ&#39;s Wholesale Club shares fell 0.2% to close at $75.91 on Friday. <a href="https://www.benzinga.com/quote/BJ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird cut Douglas Dynamics, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/plow#NYSE">PLOW</a>) price target from $36 to $25. Baird analyst Timothy Wojs downgraded the stock from Outperform to Neutral. Douglas Dynamics shares gained 0.2% to close at $24.00 on Friday. <a href="https://www.benzinga.com/quote/PLOW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities increased Huntington Bancshares Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hban#NASDAQ">HBAN</a>) price target from $14 to $16. B of A Securities analyst Ebrahim Poonawala upgraded the stock from Neutral to Buy. Huntington Bancshares shares climbed 0.6% to close at $13.60 on Friday. <a href="https://www.benzinga.com/quote/HBAN/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/24/04/38137629/why-esperion-therapeutics-shares-are-trading-higher-by-around-7-here-are-20-stocks-moving-premarket"> Why Esperion Therapeutics Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket </a>

Truist Securities analyst Michael Roxland upgrades Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) from Hold to Buy and raises the price target from $39 to $44.

Truist Securities Upgrades Sealed Air to Buy, Raises Price Target to $44

WIIM

Sealed Air Corporation shares are trading lower following reports of short seller comments at an investment conference.

- Reuters Citing Conference&nbsp;

Short-Seller Chris Drose, Of Bleecker Street, Says He Sees Sealed Air Corp As An "Attractive Short"

Wolfe Research analyst Chris Parkinson initiates coverage on Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Peer Perform rating.

Initiation

Wolfe Research Initiates Coverage On Sealed Air with Peer Perform Rating

Truist Securities analyst Michael Roxland maintains Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Hold and lowers the price target from $40 to $39.

Truist Securities Maintains Hold on Sealed Air, Lowers Price Target to $39

Throughout the last three months, 4 analysts have evaluated Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $40.5, along with a high estimate of $43.00 and a low estimate of $39.00. Witnessing a positive shift, the current average has risen by 6.58% from the previous average price target of $38.00.
<img src="https://www.benzinga.com/files/images/story/2024/1709132464_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The perception of Sealed Air by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Gabe Hajde</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$43.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Roxland</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$36.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sealed Air. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sealed Air compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Sealed Air's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Sealed Air's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/SEE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sealed Air analyst ratings.</a>
<h2>About Sealed Air</h2>
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
<h3>Financial Insights: Sealed Air</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Negative Revenue Trend: Examining Sealed Air's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -1.33% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Sealed Air's net margin is impressive, surpassing industry averages. With a net margin of 4.1%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Sealed Air's ROE excels beyond industry benchmarks, reaching 13.79%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Sealed Air's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.76%, the company showcases efficient use of assets and strong financial health.
Debt Management: Sealed Air's debt-to-equity ratio is notably higher than the industry average. With a ratio of 12.16, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What Analysts Are Saying About Sealed Air Stock

Mizuho analyst John Roberts maintains Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Neutral and lowers the price target from $40 to $39.

Mizuho Maintains Neutral on Sealed Air, Lowers Price Target to $39

Guidance

Sealed Air Expects FY24 Adjusted EPS To Be In The Range Of $2.65-$3.05 Vs. $3.03 Estimate, Projects FY24 Net Sales Of $5.2B-$5.6B Vs. $5.5B Estimate

Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.64 by 37.5 percent. This is a 11.11 percent decrease over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $1.38 billion which beat the analyst consensus estimate of $1.37 billion by 0.58 percent. This is a 1.99 percent decrease over sales of $1.41 billion the same period last year.

Earnings

Sealed Air Q4 EPS $0.88 Beats $0.64 Estimate, Sales $1.377B Beat $1.366B Estimate

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Earnings Scheduled For February 27, 2024

Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-02-27. Here's what investors need to know before the announcement.
Analysts estimate that Sealed Air will report an earnings per share (EPS) of $0.64. 
Sealed Air bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.14, which was followed by a 4.66% increase in the share price the next day.
Here's a look at Sealed Air's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.63</td>
<td>0.68</td>
<td>0.77</td>
<td>0.98</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.77</td>
<td>0.80</td>
<td>0.74</td>
<td>0.99</td>
</tr>
<tr>
<td>Price Change %</td>
<td>5.0%</td>
<td>-1.0%</td>
<td>-1.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708959748_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Sealed Air were trading at $36.58 as of February 23. Over the last 52-week period, shares are down 25.38%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/SEE/earnings">To track all earnings releases for Sealed Air visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Sealed Air

Six out of the 10 largest holdings in over 700 aggregated hedge fund portfolios are increasingly concentrated towards the ‘Magnificent Seven' stocks, with Tesla <a href="https://www.benzinga.com/topic/magnificent-seven">being the sole exception</a>, according to the latest report by Goldman Sachs.
What Happened: Insights from Goldman Sachs&#8217; Hedge Fund Trend Monitor, an analysis led by Ben Snider, show an overzealous preference for just several mega-caps. This enthusiasm does not mirror their market weight. 
The Magnificent Seven accounts for a record 13% of the aggregate hedge fund long portfolios. Yet, it remains significantly underweighted compared to a 26% collective stake in the Russell 3000 — underscoring a cautious approach towards mega-cap equities.
See Also: <a href="https://www.benzinga.com/markets/equities/24/02/37237785/amazon-to-join-dow-jones-industrial-average-does-venerable-index-membership-still-matter">Amazon To Join Dow Jones Industrial Average: Does Venerable Index Membership Still Matter?</a>
The concentration within hedge fund portfolios rose further, with 70% of their long positions allocated to their top 10 holdings. According to analysts, this rising concentration is partly driven by confidence in specific industries, such as artificial intelligence and healthcare. 
The latter experienced notable enthusiasm for innovations such as GLP-1 therapies. As a result, Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) entered the top 20 holdings favored by hedge funds.
The analysis also reveals a record tilt towards the momentum factor within hedge fund long portfolios, marking the most substantial growth orientation since 2016.
&#8220;While trimming exposure to mega-cap tech, hedge funds looked for new alpha in cyclicals and other pockets of growth. Alongside strong U.S. economic data and hints of improvement in the global manufacturing cycle, funds lifted their tilt to cyclical industries versus defensives to the highest since 2016,&#8221; Goldman Sachs wrote. 
Information Technology remained the largest hedge fund net sector weight at the start of Q1 2024, representing 21% of total net exposure but nonetheless registered the largest "underweight" relative to the Russell 3000 (-587 basis points). Health Care remained the largest overweight (+693 basis points).
VIP Positions, Falling And Rising Stars: APi Group Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APG#NYSE">APG</a>), General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), and Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) joined the so-called Goldman Sachs&#8217; &#8216;VIP list&#8217; of the most popular hedge fund positions for the quarter. 
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) ranked among the Information Technology stocks with the largest net decreases in hedge fund popularity, also known as &#8216;Falling Stars&#8217;. 
In contrast, hedge funds added exposure to Communication Services across most subsectors, led by The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), and Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>). 
Hedge funds also increased length in cyclical industries, including Financials; Progressive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>), Arch Capital Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>), Kemper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMPR#NYSE">KMPR</a>), Oyster Point Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OYST#NASDAQ">OYST</a>), and Morningstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MORN#NASDAQ">MORN</a>) screened among this quarter's Rising Stars.
Other cyclical &#8216;Rising Stars&#8217; were Arrow Electronics Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>), The Mosaic Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>), Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>), Sealed Air Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>), Synopsys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>), and Veralto Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTO#NYSE">VLTO</a>). 
Read Now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37181987/magnificent-7-stocks-trigger-concerns-of-market-overheat-bubble-trouble">Magnificent 7 Stocks Trigger Concerns Of Market Overheat: Bubble Trouble?</a>
Image: Shutterstock

4 analysts have shared their evaluations of Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $39.5, a high estimate of $43.00, and a low estimate of $35.00. Marking an increase of 5.81%, the current average surpasses the previous average price target of $37.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1704974437_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Sealed Air among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gabe Hajde</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Overweight</td>
<td>$43.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Roxland</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$40.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Gabe Hajde</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$35.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sealed Air. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sealed Air compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Sealed Air's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SEE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sealed Air analyst ratings.</a>
<h2>Discovering Sealed Air: A Closer Look</h2>
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
<h3>Understanding the Numbers: Sealed Air's Finances</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining Sealed Air's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -1.33% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Sealed Air's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.1% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Sealed Air's ROE stands out, surpassing industry averages. With an impressive ROE of 13.79%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.76%, the company showcases effective utilization of assets.
Debt Management: With a high debt-to-equity ratio of 12.16, Sealed Air faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Sealed Air Through The Eyes Of 4 Analysts

Wells Fargo analyst Gabe Hajde upgrades Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) from Equal-Weight to Overweight and announces $43 price target.

Wells Fargo Upgrades Sealed Air to Overweight, Announces $43 Price Target

Truist Securities analyst Michael Roxland maintains Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Hold and raises the price target from $38 to $40.

Truist Securities Maintains Hold on Sealed Air, Raises Price Target to $40

Mizuho has decided to maintain its Neutral rating of Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) and raise its price target from $36.00 to $40.00.
Shares of Sealed Air are trading up 0.0% over the last 24 hours, at $36.34 per share.
A move to $40.00 would account for a 10.07% increase from the current share price.
<h3>About Sealed Air</h3>
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Mizuho Maintains Neutral Rating for Sealed Air: Here's What You Need To Know

Mizuho analyst John Roberts maintains Sealed Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEE#NYSE">SEE</a>) with a Neutral and raises the price target from $36 to $40.

Mizuho Maintains Neutral on Sealed Air, Raises Price Target to $40

Sealed Air drops amid short call at Sohn charity conference

Warning: SEE is at high risk of performing badly

In a report released yesterday, George Staphos from Bank of America Securities maintained a Buy rating on Sealed Air (SEE – Research Report), with ...

Buy Rating on Sealed Air Corp: Undervalued Turnaround Prospect with Cyclical Market Advantage

Buy-rated stocks within Materials - Citi

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Packaging (PKG – Research Report) and Sealed Air (SEE – Re...

Analysts Offer Insights on Consumer Cyclical Companies: Packaging (PKG) and Sealed Air (SEE)

SEE upgraded at Truist Securities on valuation

Citi's value focus list of small and mid-caps

Bank of America Securities analyst George Staphos maintained a Buy rating on Sealed Air (SEE – Research Report) today. The company's shares opened ...

Bank of America Securities Sticks to Their Buy Rating for Sealed Air (SEE)

BofA's US 1 List - New additions include CSCO, GS and SPGI

RBC Capital analyst Arun Viswanathan maintained a Buy rating on Sealed Air (SEE – Research Report) on April 23 and set a price target of $43.00. Th...