sealed air corp. - SEE

SEE

Close Chg Chg %
35.08 0.44 1.25%

Closed Market

35.52

+0.44 (1.25%)

Volume: 1.33M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: sealed air corp. - SEE

SEE Key Data

Open

$34.85

Day Range

34.68 - 35.54

52 Week Range

30.87 - 41.14

Market Cap

$5.11B

Shares Outstanding

145.69M

Public Float

143.05M

Beta

1.35

Rev. Per Employee

N/A

P/E Ratio

12.93

EPS

$2.72

Yield

228.18%

Dividend

$0.20

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.39M

 

SEE Performance

1 Week
 
-0.92%
 
1 Month
 
-1.44%
 
3 Months
 
1.86%
 
1 Year
 
5.93%
 
5 Years
 
-3.32%
 

SEE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About sealed air corp. - SEE

Sealed Air Corp. engages in the provision of food safety and security, facility hygiene, and product protection services. It operates through the Food and Protective segments. The Food segment services perishable food processors in fresh red meat, smoked and processed meat, poultry, seafood, plant-based, and dairy markets. The Protective segment offers packaging solutions that are utilized across global markets and are valuable to e-Commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.

SEE At a Glance

Sealed Air Corp.
2415 Cascade Pointe Boulevard
Charlotte, North Carolina 28208
Phone 1-980-221-3235 Revenue 5.49B
Industry Containers/Packaging Net Income 339.30M
Sector Process Industries Employees 17,000
Fiscal Year-end 12 / 2024
View SEC Filings

SEE Valuation

P/E Current 12.925
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.596
Price to Sales Ratio 0.964
Price to Book Ratio 9.601
Price to Cash Flow Ratio 10.251
Enterprise Value to EBITDA 8.749
Enterprise Value to Sales 1.773
Total Debt to Enterprise Value 0.492

SEE Efficiency

Revenue/Employee 322,876.471
Income Per Employee 19,958.824
Receivables Turnover 9.429
Total Asset Turnover 0.818

SEE Liquidity

Current Ratio 1.301
Quick Ratio 0.788
Cash Ratio 0.229

SEE Profitability

Gross Margin 28.683
Operating Margin 16.012
Pretax Margin 7.829
Net Margin 6.182
Return on Assets 5.058
Return on Equity 75.94
Return on Total Capital 6.359
Return on Invested Capital 7.745

SEE Capital Structure

Total Debt to Total Equity 871.01
Total Debt to Total Capital 89.701
Total Debt to Total Assets 66.469
Long-Term Debt to Equity 833.594
Long-Term Debt to Total Capital 85.848
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Sealed Air Corp. - SEE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.90B 5.53B 5.64B 5.49B
Sales Growth
+2.34% +12.86% +1.95% -2.71%
Cost of Goods Sold (COGS) incl D&A
3.33B 3.89B 3.92B 3.91B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
174.10M 186.40M 184.60M 233.40M
Depreciation
136.60M 147.60M 148.50M 170.70M
Amortization of Intangibles
37.50M 38.80M 36.10M 62.70M
COGS Growth
+2.22% +16.79% +0.67% -0.04%
Gross Income
1.57B 1.64B 1.73B 1.57B
Gross Income Growth
+2.60% +4.54% +4.98% -8.78%
Gross Profit Margin
+32.07% +29.71% +30.59% +28.68%
2020 2021 2022 2023 5-year trend
SG&A Expense
753.10M 755.90M 767.10M 695.50M
Research & Development
95.90M 99.80M 102.50M 96.90M
Other SG&A
657.20M 656.10M 664.60M 598.60M
SGA Growth
-11.94% +0.37% +1.48% -9.33%
Other Operating Expense
- - - -
-
Unusual Expense
12.10M 41.80M 54.20M 76.10M
EBIT after Unusual Expense
807.40M 846.30M 904.60M 802.80M
Non Operating Income/Expense
9.80M 49.70M (600.00K) (89.90M)
Non-Operating Interest Income
10.20M 6.90M 7.20M 14.50M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
191.00M 179.80M 174.70M 283.20M
Interest Expense Growth
-5.35% -5.86% -2.84% +62.11%
Gross Interest Expense
196.60M 186.60M 183.60M 296.30M
Interest Capitalized
5.60M 6.80M 8.90M 13.10M
Pretax Income
626.20M 716.20M 729.30M 429.70M
Pretax Income Growth
+69.11% +14.37% +1.83% -41.08%
Pretax Margin
+12.77% +12.94% +12.93% +7.83%
Income Tax
142.10M 225.00M 238.00M 90.40M
Income Tax - Current - Domestic
(8.60M) 80.30M 179.70M 36.80M
Income Tax - Current - Foreign
69.90M 106.60M 88.70M 81.80M
Income Tax - Deferred - Domestic
71.20M 16.50M (21.10M) (33.90M)
Income Tax - Deferred - Foreign
9.60M 21.60M (9.30M) 5.70M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - (200.00K)
-
Consolidated Net Income
483.90M 491.20M 491.30M 339.30M
Minority Interest Expense
- - - -
-
Net Income
483.90M 491.20M 491.30M 339.30M
Net Income Growth
+65.04% +1.51% +0.02% -30.94%
Net Margin Growth
+9.87% +8.88% +8.71% +6.18%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
483.90M 491.20M 491.30M 339.30M
Preferred Dividends
- - - -
-
Net Income Available to Common
483.90M 491.20M 491.30M 339.30M
EPS (Basic)
3.1179 3.2551 3.3674 2.3497
EPS (Basic) Growth
+64.08% +4.40% +3.45% -30.22%
Basic Shares Outstanding
155.20M 150.90M 145.90M 144.40M
EPS (Diluted)
3.1019 3.2231 3.3331 2.3416
EPS (Diluted) Growth
+64.19% +3.91% +3.41% -29.75%
Diluted Shares Outstanding
156.00M 152.40M 147.40M 144.90M
EBITDA
993.60M 1.07B 1.14B 1.11B
EBITDA Growth
+19.94% +8.14% +6.41% -2.72%
EBITDA Margin
+20.26% +19.42% +20.27% +20.26%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 41.292
Number of Ratings 18 Current Quarters Estimate 0.688
FY Report Date 12 / 2024 Current Year's Estimate 3.064
Last Quarter’s Earnings 0.79 Median PE on CY Estimate N/A
Year Ago Earnings 3.18 Next Fiscal Year Estimate 3.144
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 10 15 15
Mean Estimate 0.69 0.73 3.06 3.14
High Estimates 0.74 0.79 3.13 3.47
Low Estimate 0.66 0.65 2.92 2.95
Coefficient of Variance 4.00 6.10 1.65 4.76

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 8
OVERWEIGHT 3 3 2
HOLD 7 8 9
UNDERWEIGHT 1 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Sealed Air Corp. - SEE

Date Name Shares Transaction Value
Aug 20, 2024 Emile Z. Chammas SVP and COO 320,066 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2024 Dustin J. Semach President and CFO 174,488 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2024 Dustin J. Semach President and CFO 119,307 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Patrick M. Kivits Chief Executive Officer; Director 43,963 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Patrick M. Kivits Chief Executive Officer; Director 208,090 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Byron J. Racki President, Americas 6,538 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Harry A. Lawton Director 23,090 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Françoise Colpron Director 19,980 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Clay M. Johnson Director 8,073 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Zubaid Ahmad Director 25,379 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Henry R. Keizer Director 33,880 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Kevin Christopher Berryman Director 17,673 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Suzanne B. Rowland Director 17,617 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Veronika Johnson CAO and Controller 16,005 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.88 per share 622,274.40
Mar 5, 2024 Veronika Johnson CAO and Controller 16,699 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 580,457.24
Mar 5, 2024 Alessandra Faccin Assis President, APAC 27,270 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 947,905.20
Mar 5, 2024 Alessandra Faccin Assis President, APAC 26,710 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 928,439.60
Mar 5, 2024 Veronika Johnson CAO and Controller 17,051 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 592,692.76
Mar 5, 2024 Shuxian Yang Vice President, Treasurer 20,673 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 718,593.48
Mar 5, 2024 Shuxian Yang Vice President, Treasurer 20,471 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $34.76 per share 711,571.96

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