Morgan Stanley has recently initiated Sealed Air Corporation (SEE) stock rating, as announced on September 4, 2024, according to Finviz. Earlier, on August 9, 2024, Jefferies had reduced the stock from a Buy to Hold, setting a price target of $35 for SEE stock. RBC Capital Mkts also reduced Sector Perform rating with a price target of $40. Additionally, Stifel initiated Buy rating on July 9, 2024, with a target price of $47. Mizuho analysts, in their report published on June 6, 2024, also raised Buy rating and set a price target of $50 for Sealed Air Corporation’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Sealed Air Corporation (SEE) Stock Trading Recap
On Tuesday, Sealed Air Corporation (SEE) stock saw a modest uptick, ending the day at $34.91 which represents a slight increase of $0.04 or 0.11% from the prior close of $34.87. The stock opened at $34.67 and touched a low of $34.26 during the day, reaching a high of $35.19. The volume of shares traded was 1.00 million falling short of the average volume of 1.60 million.
SEE Stock Performance and Moving Averages
In recent trading, Sealed Air Corporation (SEE) stock price has shown some volatility, fluctuating -4.41% over the last five trades and 4.80% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 2.26%, and it has gained 0.81% in the previous three months. Currently, SEE is trading at -0.47%, 0.58%, and -1.68% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, SEE, a Consumer Cyclical sector stock, is trading -15.14% below its 52-week high but remains 22.49% above its 52-week low. The Average True Range (ATR) (14 days) of 0.83 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Sealed Air Corporation’s Profitability and Valuation Ratios
Sealed Air Corporation’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 16.23% and a profit margin of 6.69%, with a gross margin of 2.26%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Sealed Air Corporation’s market capitalization stands at $5.09 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 13.95, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.97. Additionally, the Price-to-Sales Ratio is 0.94, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 7.82, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.20% of Sealed Air Corporation (SEE)’s shares, while financial institutions hold 94.17%.
