Market Analysts see Sealed Air Corp. [SEE] gaining to $42. Time to buy?

Sealed Air Corp. [NYSE: SEE] stock went on an upward path that rose over 3.88% on Thursday, amounting to a one-week price increase of more than 6.35%.

Over the last 12 months, SEE stock rose by 22.36%. The one-year Sealed Air Corp. stock forecast points to a potential upside of 10.87. The average equity rating for SEE stock is currently 2.06, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $5.34 billion, with 144.47 million shares outstanding and 143.93 million shares in the current float. Compared to the average trading volume of 1.57M shares, SEE stock reached a trading volume of 2954628 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Sealed Air Corp. [SEE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SEE shares is $41.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SEE stock is a recommendation set at 2.06. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Sealed Air Corp. shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on Oct-18-24. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on September 04, 2024, representing the official price target for Sealed Air Corp. stock. Previously, the target price had yet another drop from $47 to $35, while Jefferies kept a Hold rating on SEE stock. On July 19, 2024, analysts decreased their price target for SEE shares from 43 to 40.

The Average True Range (ATR) for Sealed Air Corp. is set at 0.82, with the Price to Sales ratio for SEE stock in the period of the last 12 months amounting to 0.98. The Price to Book ratio for the last quarter was 8.22, with the Price to Cash per share for the same quarter was set at 2.67. Price to Free Cash Flow for SEE in the course of the last twelve months was 8.76 with Quick ratio for the last quarter at 0.79.

SEE Stock Performance Analysis:

Sealed Air Corp. [SEE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.35. With this latest performance, SEE shares gained by 5.37% in over the last four-week period, additionally plugging by 16.52% over the last 6 months – not to mention a rise of 22.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SEE stock in for the last two-week period is set at 61.62, with the RSI for the last a single of trading hit 66.30, and the three-weeks RSI is set at 58.51 for Sealed Air Corp. [SEE]. The present Moving Average for the last 50 days of trading for this stock 34.57, while it was recorded at 35.51 for the last single week of trading, and 35.46 for the last 200 days.

Insight into Sealed Air Corp. Fundamentals:

Sealed Air Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.79 and a Current Ratio set at 1.30.

SEE Stock EPS

With the latest financial reports released by the company, Sealed Air Corp. posted 0.77/share EPS, while the average EPS was predicted by analysts to be reported at 0.62/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.15. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SEE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sealed Air Corp. go to 4.17%.

Sealed Air Corp. [SEE] Institutonal Ownership Details

There are presently around $96.57%, or 97.70%% of SEE stock, in the hands of institutional investors. The top three institutional holders of SEE stocks are: BLACKROCK INC. with ownership of 27.8 million shares, which is approximately 19.1823%. VANGUARD GROUP INC, holding 17.18 million shares of the stock with an approximate value of $$597.85 million in SEE stocks shares; and VANGUARD GROUP INC, currently with $$458.3 million in SEE stock with ownership which is approximately 9.0912%.