Sealed Air Corp (NYSE: SEE) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.86 versus $0.65 for the same period a year ago — an increase of 32%. Relative to the consensus estimate of $0.64, this was a premium of $0.22. For the latest four quarters through December 31, E.P.S. were $2.35 compared to $3.37 a year ago — a decline of -30%.
Recent Price Action
Sealed Air Corp (NYSE: SEE) stock closed at $35.03 on 2/27/24 after a decline of -2.9%. Moreover, trading volume in this decline was exceptionally high at 234% of normal. The stock has declined -2.9% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SEE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sealed Air has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock's attractiveness. Sealed Air has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 37, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.