Sealed Air Corporation (NYSE:SEE) has a beta of 1.25, a 12-month trailing P/E ratio of 16.55, and a growth ratio of 2.57. The stock’s Relative Strength Index (RSI) is 58.87, with weekly volatility at 2.56% and ATR at 1.15. The SEE stock’s 52-week price range has touched low of $17.06 and a $43.37 high. Its shares traded lower over the last trading session, losing -1.07% on 10/13/20. The shares fell to a low of $40.93 before closing at $41.52. Intraday shares traded counted 0.96 million, which was 19.69% higher than its 30-day average trading volume of 1.20M. SEE’s previous close was $41.97 while the outstanding shares total 155.60M.
Investors have identified the Packaging & Containers company Sealed Air Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $6.49 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sealed Air Corporation (SEE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SEE, the company has in raw cash 289.7 million on their books with 103.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1632100000 million total, with 1354700000 million as their total liabilities.
SEE were able to record 129.4 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 27.3 million. In cash movements, the company had a total of 213.0 million as operating cash flow.
Potential earnings growth for Sealed Air Corporation (SEE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Sealed Air Corporation recorded a total of 1.15 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.85% coming in sequential stages and their sales for the third quarter reducing by -1.97%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 761.3 million trying to sell their products during the last quarter, with the result yielding a gross income of 389.9 million. This allows shareholders to hold on to 155.60M with the revenue now reading 0.64 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.54 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.82 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SEE sounds very interesting.
Is the stock of SEE attractive?
In related news, Senior Vice President, Deily Karl R sold 9,239 shares of the company’s stock in a transaction that recorded on Oct 01. The sale was performed at an average price of 40.00, for a total value of 369,560. As the sale deal closes, the Senior Vice President, Deily Karl R now sold 9,239 shares of the company’s stock, valued at 371,259. Also, Senior Vice President, Deily Karl R sold 10,563 shares of the company’s stock in a deal that was recorded on Aug 07. The shares were price at an average price of 40.42 per share, with a total market value of 426,985. Following this completion of acquisition, the Senior Vice President, Deily Karl R now holds 63,349 shares of the company’s stock, valued at 2,534,270. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
4 out of 14 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on Sealed Air Corporation. 0 analysts has assigned a Sell rating on the SEE stock. The 12-month mean consensus price target for the company’s shares has been set at $43.75.