Sealed Air Corp. (SEE) concluded trading on Thursday at a closing price of $36.67, with 2.95 million shares of worth about $108.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.52% during that period and on October 17, 2024 the price saw a gain of about 3.88%. Currently the company’s common shares owned by public are about 144.47M shares, out of which, 143.93M shares are available for trading.
Stock saw a price change of 6.35% in past 5 days and over the past one month there was a price change of 5.37%. Year-to-date (YTD), SEE shares are showing a performance of 0.41% which increased to 22.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.50 but also hit the highest price of $41.14 during that period. The average intraday trading volume for Sealed Air Corp. shares is 1.57 million. The stock is currently trading 3.32% above its 20-day simple moving average (SMA20), while that difference is up 6.08% for SMA50 and it goes to 3.42% higher than SMA200.
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Sealed Air Corp. (NYSE: SEE) currently have 144.47M outstanding shares and institutions hold larger chunk of about 95.17% of that.
The stock has a current market capitalization of $5.34B and its 3Y-monthly beta is at 1.35. PE ratio of stock for trailing 12 months is 14.65, while it has posted earnings per share of $2.50 in the same period. Its PEG reads 3.51 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 7.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SEE, volatility over the week remained 1.91% while standing at 2.05% over the month.
Stock’s fiscal year EPS is expected to drop by -5.93% while it is estimated to increase by 4.61% in next year. EPS is likely to shrink at an annualized rate of 4.17% for next 5-years, compared to annual growth of 20.22% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on Oct-18-24 offering a Strong buy rating for the stock and assigned a target price of $42 to it. Coverage by Morgan Stanley stated Sealed Air Corp. (SEE) stock as an Equal-weight in their note to investors on September 04, 2024, suggesting a price target of $39 for the stock. On August 09, 2024, Jefferies Downgrade their recommendations, while on July 19, 2024, RBC Capital Mkts Downgrade their ratings for the stock with a price target of $40. Stock get a Buy rating from Stifel on July 09, 2024.
