News stories about Sealed Air (NYSE:SEE) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sealed Air earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.4770611379876 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
Shares of NYSE SEE traded down $1.01 during midday trading on Friday, reaching $42.37. 1,384,019 shares of the company were exchanged, compared to its average volume of 1,772,930. The stock has a market cap of $7,260.73, a PE ratio of 23.83, a PEG ratio of 1.59 and a beta of 1.13. Sealed Air has a one year low of $40.76 and a one year high of $49.94. The company has a debt-to-equity ratio of 21.21, a quick ratio of 0.99 and a current ratio of 1.35.
Sealed Air (NYSE:SEE) last posted its earnings results on Thursday, February 8th. The industrial products company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Sealed Air had a net margin of 17.90% and a return on equity of 74.28%. The company’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 earnings per share. sell-side analysts predict that Sealed Air will post 2.42 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Friday, March 2nd were issued a dividend of $0.16 per share. The ex-dividend date was Thursday, March 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.51%. Sealed Air’s dividend payout ratio (DPR) is presently 35.36%.
SEE has been the subject of several research reports. BMO Capital Markets restated a “hold” rating and set a $50.00 price objective on shares of Sealed Air in a research report on Thursday, January 25th. Barclays raised shares of Sealed Air from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $46.00 to $53.00 in a report on Friday, December 15th. TheStreet cut shares of Sealed Air from a “b” rating to a “c” rating in a report on Thursday, February 8th. Vertical Research cut shares of Sealed Air from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, Zacks Investment Research raised shares of Sealed Air from a “sell” rating to a “hold” rating in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.33.
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About Sealed Air
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions.
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